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.

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United States Core Consumer Prices

Actual Previous Highest Lowest Dates Unit Frequency
268.75 267.72 268.75 28.50 1957 - 2020 points Monthly
1982-1984=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-10 12:30 PM May -0.1% -0.4% 0.0% -0.1%
2020-07-14 12:30 PM Jun 0.2% -0.1% 0.1% 0.2%
2020-08-12 12:30 PM Jul 0.6% 0.2% 0.2% 0.1%
2020-09-11 12:30 PM Aug 0.4% 0.6% 0.2% 0.2%


News Stream
US Core Index Rises the Most since 1991
US core consumer prices, which exclude volatile items such as food and energy, went up by 0.6 percent from a month earlier in July 2020, the largest increase since January 1991, and above market consensus of 0.2 percent, following the gradual easing of lockdown restrictions in some states. Motor vehicle insurance cost continued to rise sharply in July, after recent declines. In addition, shelter, communication, used cars and trucks, and medical care prices also increased in July, while the index for recreation declined.
2020-08-12
US Core Index Posts 3rd Consecutive Monthly Decline
US core consumer prices, which exclude volatile items such as food and energy, decreased 0.1 percent from a month earlier in May 2020, the third decline in a row and compared to market expectations of a flat reading. This was the first time the core index has ever declined in three consecutive months. Along with motor vehicle insurance and apparel, the indexes for airline fares and used cars and trucks declined, while those for shelter, recreation, medical care, household furnishings and operations, and new vehicles all increased.
2020-06-10
US Core Consumer Prices Fall the Most on Record
US core consumer prices, excluding volatile items such as food and energy, decreased 0.4 percent month-over-month in April 2020, following a 0.1 percent fall in March and compared to market expectations of 0.2 percent drop. It was the largest monthly decline since comparable records began in 1957 amid the COVID-19 pandemic, as prices for apparel, motor vehicle insurance, airline fares, and lodging away from home all fell sharply. In addition, the indexes for used cars and trucks and recreation also declined in April, while those for rent, owners’ equivalent rent, medical care, and household furnishings and operations increased.
2020-05-12

United States Core Consumer Prices
In the United States, the core consumer price index tracks changes in prices that consumers pay for a basket of goods which excludes volatile food and fuel costs.