CPI News Updates

The government did not report a yearly inflation rate because last year's government shutdown meant no data was released for October 2025.

The consumer price index rose 3.7% in September compared with a year ago, the Labor Department said Oct. 14, up from 3.4% in August. 

Conagra, Campbell’s and Clorox announced or signaled price increases as inflation, tariffs and higher input costs pressure margins.

The Labor Department said Sept. 11 that the consumer price index rose 3.4% last month compared with a year ago.

Consumer prices rose 3.4% in July from a year ago, down from 3.5% in June, and up 0.1% from June.

A separate report that combines inflation figures with wage data showed that real average hourly earnings fell 0.7%, the biggest drop in three-plus years.

Heather Long, chief economist at Navy Federal Credit Union, wrote, “For the first time in three years, inflation is eating up all wage gains."

Consumer prices rose 3.3% in March from a year earlier, the Labor Department said April 10. On a monthly basis, prices rose 0.9% in March from February.

The data has been overtaken by a conflict that began when the U.S. and Israel attacked Iran on Feb. 28. Gas prices have jumped sharply and are expected to fuel higher costs broadly. 

The report suggests inflation could be cooling, but it comes after the cost of food, gas, and rents soared after the pandemic, with consumer prices about 25% higher than they were five years ago.