Here are the changes in the seasonally adjusted CPI for the six months ending in June:
That site shows a graph but if you click on the Download button you will get the actual numbers in Microsoft Excel.
The Consumer Price Index for All Urban Consumers: All Items in U.S. City Average (CPIAUCSL) was 332.813 in July and 334.131 in Aug. Since 334.131/332.813 = 1.00396, that means it was up 0.396%. If we had that every month for 12 months the CPI would be up 4.86%.
It was 323.291 in Aug. 2025. Since 334.131/323.291 = 1.0335, that means it was up 3.35% over the last 12 months.
The non-seasonally adjusted CPI was 334.980 in Aug. and 323.976 in Aug. 2025. That was up 3.4%. So pretty close to the seasonally adjusted CPI. This is well above the Fed's target of 2.0% (although they prefer to use the Personal Consumption Expenditures Price Index which was 3.7% higher in July 2026 than July 2025).
For more information see Inflation persisted in August, potentially locking in a Fed interest rate hike by Jeff Cox of CNBC. Excerpt:
"Prices for a wide swath of goods and services continued to climb in August, according to a report Friday that raises the specter of a Federal Reserve interest rate hike next week.The consumer price index rose a seasonally adjusted 0.4% for the month, putting the 12-month increase at 3.4%, the Bureau of Labor Statistics reported Friday. Both readings were in line with the Dow Jones consensus.
However, stripping out volatile food and energy prices, the core CPI posted a 0.3% monthly gain, or 0.1 percentage point higher than forecast. The core annual rate came in at 2.4%, matching the estimate."
The article also discusses what types of products are going up in price and what is going down. There is a graph of the monthly year-over-year percent change in prices and core prices going back almost 4 years.
Related material:
Year |
CPI %Ch. |
|
Year |
CPI %Ch. |
|
Year |
CPI %Ch. |
|
Year |
CPI %Ch. |
|
1914 |
1 |
|
1944 |
2.3 |
|
1974 |
12.3 |
|
2004 |
3.3 |
|
1915 |
2 |
|
1945 |
2.2 |
|
1975 |
6.9 |
|
2005 |
3.4 |
|
1916 |
12.6 |
|
1946 |
18.1 |
|
1976 |
4.9 |
|
2006 |
2.5 |
|
1917 |
18.1 |
|
1947 |
8.8 |
|
1977 |
6.7 |
|
2007 |
4.1 |
|
1918 |
20.4 |
|
1948 |
3 |
|
1978 |
9 |
|
2008 |
0.1 |
|
1919 |
14.5 |
|
1949 |
-2.1 |
|
1979 |
13.3 |
|
2009 |
2.7 |
|
1920 |
2.6 |
|
1950 |
5.9 |
|
1980 |
12.5 |
|
2010 |
1.5 |
|
1921 |
-10.8 |
|
1951 |
6 |
|
1981 |
8.9 |
|
2011 |
3 |
|
1922 |
-2.3 |
|
1952 |
0.8 |
|
1982 |
3.8 |
|
2012 |
1.7 |
|
1923 |
2.4 |
|
1953 |
0.7 |
|
1983 |
3.8 |
|
2013 |
1.5 |
|
1924 |
0 |
|
1954 |
-0.7 |
|
1984 |
3.9 |
|
2014 |
0.8 |
|
1925 |
3.5 |
|
1955 |
0.4 |
|
1985 |
3.8 |
|
2015 |
0.7 |
|
1926 |
-1.1 |
|
1956 |
3 |
|
1986 |
1.1 |
|
2016 |
2.1 |
|
1927 |
-2.3 |
|
1957 |
2.9 |
|
1987 |
4.4 |
|
2017 |
2.1 |
|
1928 |
-1.2 |
|
1958 |
1.8 |
|
1988 |
4.4 |
|
2018 |
1.9 |
|
1929 |
0.6 |
|
1959 |
1.7 |
|
1989 |
4.6 |
|
2019 |
2.3 |
|
1930 |
-6.4 |
|
1960 |
1.4 |
|
1990 |
6.1 |
|
2020 |
1.4 |
|
1931 |
-9.3 |
|
1961 |
0.7 |
|
1991 |
3.1 |
|
2021 |
7 |
|
1932 |
-10.3 |
|
1962 |
1.3 |
|
1992 |
2.9 |
|
2022 |
6.5 |
|
1933 |
0.8 |
|
1963 |
1.6 |
|
1993 |
2.7 |
|
2023 |
3.4 |
|
1934 |
1.5 |
|
1964 |
1 |
|
1994 |
2.7 |
|
2024 |
2.9 |
|
1935 |
3 |
|
1965 |
1.9 |
|
1995 |
2.5 |
|
2025 |
2.7 |
|
1936 |
1.4 |
|
1966 |
3.5 |
|
1996 |
3.3 |
|
|
|
|
1937 |
2.9 |
|
1967 |
3 |
|
1997 |
1.7 |
|
|
|
|
1938 |
-2.8 |
|
1968 |
4.7 |
|
1998 |
1.6 |
|
|
|
|
1939 |
0 |
|
1969 |
6.2 |
|
1999 |
2.7 |
|
|
|
|
1940 |
0.7 |
|
1970 |
5.6 |
|
2000 |
3.4 |
|
|
|
|
1941 |
9.9 |
|
1971 |
3.3 |
|
2001 |
1.6 |
|
|
|
|
1942 |
9 |
|
1972 |
3.4 |
|
2002 |
2.4 |
|
|
|
|
1943 |
3 |
|
1973 |
8.7 |
|
2003 |
1.9 |
|
|
|
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