US core consumer prices, which exclude volatile items such as food and energy, increased 0.3 percent from a month earlier in June 2019, the largest increase since January 2018. Upward pressure came from shelter, used cars and trucks, and apparel, the indexes for household furnishings and operations, medical care, and motor vehicle insurance; while declines were seen in recreation, airline fares, and personal care. Core Consumer Prices in the United States averaged 126.02 Index Points from 1957 until 2019, reaching an all time high of 262.80 Index Points in June of 2019 and a record low of 28.50 Index Points in January of 1957.
Core Consumer Prices in the United States is expected to be 263.67 Index 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 266.86 in 12 months time. In the long-term, the United States Core Consumer Prices is projected to trend around 276.00 Index Points in 2020, according to our econometric models.