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Core CPI YoY

Core CPI YoY stands at 2.57% as of September 2026, down from 3.02% a year earlier. The reading sits in the 45th percentile of its history back to 1958.

13.76%6.90%0.05% 1958 1992 2026
Core CPI YoY, 1958–2026. Updated 2026-11-11.
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Latest (September 2026)2.57%
One year ago3.02%
10-year range1.18% – 6.62%
All-time range0.60% (2010) – 13.60% (1980)
Change over 12 months−0.5 pts — bottomed at 2.45% in 2026
Percentile vs. full history45th
History1958–2026 (824 observations)

What it is & how to read it

CPI excluding food and energy, year over year. Strips out the most volatile components to reveal the underlying trend. The Fed watches core measures more closely than headline.

Related charts

Headline CPI YoYCore PCE YoY5Y Breakeven10Y BreakevenPPI Final Demand YoYWTI Crude YoY (IMF PCPS, monthly avg)
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Data: download CSV (source: FRED (Federal Reserve Economic Data)).

Source: FRED (Federal Reserve Economic Data). Updated daily. Part of Cambria Chart Lab — free macro & market charts. For research and education only; not investment advice.