USD · Released September 11, 2026

US Inflation Rate (CPI): August 2026

US CPI measures how fast consumer prices are rising year-on-year, the key inflation gauge the Federal Reserve watches when setting interest rates.

Actual
3.4%
Forecast
3.4%
Previous
3.4%

Source: U.S. Bureau of Labor Statistics. Figures as released; revisions appear in the next print.

Forecast: Trading Economics' forecast where available, otherwise the market consensus.

Calendar data: Trading Economics; official figures from the publishing agency.

US Inflation Rate (CPI) for August 2026 came in at 3.4% versus 3.4% expected (previous 3.4%), in line with forecast.

How this print reads for the US Dollar

In line with the 3.4% forecast. A reading above forecast is generally read as positive for the USD, and below forecast as negative.

New to this release? See what US Inflation Rate (CPI) measures, the next release and its full history.