DATA RELEASEUNITED STATESMONTHLY

US consumer prices · October 2026

The Bureau of Labor Statistics publishes the Consumer Price Index for October 2026 — the report that will determine whether the Federal Reserve cuts rates in December.

Thursday 13 November 2026 08:30 ET Online · bls.gov
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Where things stand going in

Previous release · 14 Oct 2026
Headline, September
3.2%
Down from 3.4% in August
Core, September
2.7%
Continues gradual decline
Shelter, September
4.9%
Easing slowly; largest driver
Next FOMC decision
17 Dec
FOMC meets 16–17 December

What gets published

Headline CPI-U

All-items 12-month rate for October and the monthly change from September.

Core CPI

All items less food and energy — the Fed's preferred CPI trend gauge.

Shelter detail

Rent of primary residence and owners' equivalent rent — the largest single CPI component.

Supercore

Core services less shelter — the metric most closely tracked for Fed policy purposes.

How to read it

1
Headline vs core

Headline includes volatile food and energy. Core strips those out. After two months of headline above core due to energy, a narrowing gap would be a positive signal.

Core inflation →
2
Watch the shelter print

Shelter (OER + rent) is ~34% of CPI and running ~5%. Private-market rent indices have softened for 18 months; the BLS shelter series is expected to follow. Any further decline is significant.

CPI-U →
3
Context: December FOMC meeting

The November CPI (13 Nov) is the last major inflation print before the 16-17 December FOMC. Markets are pricing a 60% chance of a cut. A soft print could push that to 80%+.

Real interest rate →

On the day

November 2026 · times in ET
08:30
BLS publishes CPI report RELEASE

Full report with headline, core, and component tables available at bls.gov.

09:00
US page updated in Explorer EXPLORER

October reading added to all charts.

Morning
News story published NEWS

October CPI in context: shelter, services, and what it means for December FOMC.

Around this event

Frequently asked questions

When is US consumer prices · October 2026 released?
US consumer prices · October 2026 is scheduled for Thursday 13 November 2026 at 08:30 ET. The data covers October 2026. The next release in the series is expected on November 2026 data · 11 Dec.
What does Bureau of Labor Statistics (BLS) publish in this release?
Headline CPI-U: All-items 12-month rate for October and the monthly change from September. Core CPI: All items less food and energy — the Fed's preferred CPI trend gauge. Shelter detail: Rent of primary residence and owners' equivalent rent — the largest single CPI component. Supercore: Core services less shelter — the metric most closely tracked for Fed policy purposes. For detailed definitions of each measure, see the IMF inflation methodology.
How do I read the headline inflation number?
Headline vs core — Headline includes volatile food and energy. Core strips those out. After two months of headline above core due to energy, a narrowing gap would be a positive signal. Watch the shelter print — Shelter (OER + rent) is ~34% of CPI and running ~5%. Private-market rent indices have softened for 18 months; the BLS shelter series is expected to follow. Any further decline is significant. Context: December FOMC meeting — The November CPI (13 Nov) is the last major inflation print before the 16-17 December FOMC. Markets are pricing a 60% chance of a cut. A soft print could push that to 80%+. For a deeper explanation of how consumer price indices are constructed, the IMF's primer on inflation is a reliable starting point.
Where can I follow the release live?
The official source is Online · bls.gov. Times shown are in ET — see the time-zone table on this page for your local equivalent. The Federal Reserve's economic data page and ECB statistics portal also carry same-day updates.
How does this compare to the previous release?
Going into this release: Headline, September was 3.2% (Down from 3.4% in August); Core, September was 2.7% (Continues gradual decline); Shelter, September was 4.9% (Easing slowly; largest driver); Next FOMC decision was 17 Dec (FOMC meets 16–17 December). Historical releases and revisions are archived in the World Bank WDI inflation series.