December core consumer prices rose at a 2.6% annual rate, less than expected [View all]

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Source: CNBC

Published Tue, Jan 13 2026 8:31 AM EST Updated 6 Min Ago


Core U.S. consumer prices rose less than predicted in December, reinforcing hopes that inflation is tempering as the Federal Reserve contemplates its next move on interest rates.

Excluding volatile food and energy prices, the consumer price index showed a seasonally adjusted 0.2% gain on a monthly basis and 2.6% annually, the Bureau of Labor Statistics reported Tuesday. Both were 0.1 percentage point below expectations.

Though they look at both measures, Fed officials consider core inflation a better long-run gauge of where inflation is heading.

On a headline basis, the CPI posted an increase of 0.3% for the month, putting the all-items annual rate at 2.7%. Both were exactly in line with the Dow Jones consensus estimate.



Read more: https://www.cnbc.com/2026/01/13/cpi-inflation-report-december-2026.html

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CPI for all items rises 0.3% in December; shelter and food up #BLSData https://bls.gov/news.release/archives/cpi_01132026.htm
8:30 AM · Jan 13, 2026

Article updated.

Previous articles/headline -

Published Tue, Jan 13 2026 8:31 AM EST Updated 2 Min Ago


Core U.S. consumer prices rose less than predicted in December, reinforcing hopes that inflation is tempering as the Federal Reserve contemplates its next move on interest rates.

Excluding volatile food and energy prices, the consumer price index showed a seasonally adjusted 0.2% gain on a monthly basis and 2.6% annually, the Bureau of Labor Statistics reported Tuesday. Both were 0.1 percentage point below expectations. Though they look at both measures, Fed officials consider core inflation a better long-run gauge of where inflation is heading.

On a headline basis, the CPI posted an increase of 0.3% for the month, putting the all-items annual rate at 2.7%. Both were exactly in line with the Dow Jones consensus estimate.

The Fed targets inflation at 2% annually, so the report provides some evidence that the pace of prices increases is moving back to target but remains elevated.

Published Tue, Jan 13 2026 8:31 AM EST Updated 2 Min Ago


Core U.S. consumer prices rose less than predicted in December, reinforcing hopes that inflation is tempering as the Federal Reserve contemplates its next move on interest rates.

The consumer price index, a broad measure of the costs for goods and services across the sprawling U.S. economy, posted an increase of 0.3% for the month, putting the headline all-items annual rate at 2.7%. Both were exactly in line with the Dow Jones consensus estimate.

At the same time, core inflation, which excludes volatile food and energy prices, showed a 0.2% gain on a monthly basis and 2.6% annually. Both were 0.1 percentage point below expectations.

This is breaking news. Please refresh for updates.

Original article/headline (apparent correction? - headline was changed to report "Core" vs "Headline" ) -

December consumer prices rose at a 2.7% annual rate, as expected

Published Tue, Jan 13 2026 8:31 AM EST


The consumer price index in December was expected to show a 2.7% increase from a year ago, according to the Dow Jones consensus estimate.


This is breaking news. Please refresh for updates.