US core consumer prices, which exclude volatile items such as food and energy, went up by 0.4 percent from a month earlier in August of 2020, above market consensus of 0.2 percent and following a 0.6 percent gain in July. Used cars and trucks cost increased 5.4 percent, its largest monthly increase since March 1969. Also, shelter prices went up 0.1 percent, with the indexes for rent and owners’ equivalent rent both rising 0.1 percent.
Core Consumer Prices in the United States averaged 128.58 points from 1957 until 2020, reaching an all time high of 268.75 points in August of 2020 and a record low of 28.50 points in January of 1957. This page provides the latest reported value for - United States Core Consumer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Core Consumer Prices - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020.
Core Consumer Prices in the United States is expected to be 269.18 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Consumer Prices in the United States to stand at 269.79 in 12 months time. In the long-term, the United States Core Consumer Prices is projected to trend around 274.14 points in 2021 and 278.80 points in 2022, according to our econometric models.