Federal Reserve Economic Data | Series: CPILFESL
| 2021-07-01 | 278.64 |
| 2021-08-01 | 279.02 |
| 2021-09-01 | 279.73 |
| 2021-10-01 | 281.65 |
| 2021-11-01 | 283.41 |
| 2021-12-01 | 285.22 |
| 2022-01-01 | 286.80 |
| 2022-02-01 | 288.26 |
| 2022-03-01 | 289.04 |
| 2022-04-01 | 290.47 |
| 2022-05-01 | 292.04 |
| 2022-06-01 | 294.01 |
| 2022-07-01 | 295.08 |
| 2022-08-01 | 296.58 |
| 2022-09-01 | 298.28 |
| 2022-10-01 | 299.38 |
| 2022-11-01 | 300.32 |
| 2022-12-01 | 301.43 |
| 2023-01-01 | 302.69 |
| 2023-02-01 | 304.10 |
| 2023-03-01 | 305.12 |
| 2023-04-01 | 306.49 |
| 2023-05-01 | 307.62 |
| 2023-06-01 | 308.29 |
| 2023-07-01 | 308.96 |
| 2023-08-01 | 309.65 |
| 2023-09-01 | 310.62 |
| 2023-10-01 | 311.43 |
| 2023-11-01 | 312.37 |
| 2023-12-01 | 313.23 |
| 2024-01-01 | 314.39 |
| 2024-02-01 | 315.56 |
| 2024-03-01 | 316.76 |
| 2024-04-01 | 317.60 |
| 2024-05-01 | 318.05 |
| 2024-06-01 | 318.34 |
| 2024-07-01 | 318.93 |
| 2024-08-01 | 319.84 |
| 2024-09-01 | 320.84 |
| 2024-10-01 | 321.69 |
| 2024-11-01 | 322.62 |
| 2024-12-01 | 323.30 |
| 2025-01-01 | 324.74 |
| 2025-02-01 | 325.48 |
| 2025-03-01 | 325.66 |
| 2025-04-01 | 326.43 |
| 2025-05-01 | 326.85 |
| 2025-06-01 | 327.60 |
| 2025-07-01 | 328.66 |
| 2025-08-01 | 329.79 |
Core CPI excludes volatile food and energy prices, providing a clearer view of underlying inflation trends. Uses 1982-1984 as base period.
Source: U.S. Bureau of Labor Statistics via Federal Reserve Economic Data (FRED)
Units: Index 1982-1984=100
Frequency: Monthly, Seasonally Adjusted
Data Points: 58 observations
Date Range: 2020-10-14 to 2025-10-14
Core CPI is the Federal Reserve's preferred inflation measure for policy decisions, as it filters out volatile food and energy price swings. More stable than headline CPI, it better reflects underlying demand pressures. The Fed targets 2% annual core CPI growth, making this critical for interest rate decisions and market expectations.
Core CPI is the Fed's preferred inflation gauge, making it critical for interest rate positioning. Readings above 0.3% monthly typically pressure long-duration bonds and growth stocks while supporting financials. Persistent readings below 0.2% can signal disinflationary trends, boosting long bonds and rate-sensitive sectors. Core trends trump headline for policy implications and long-term positioning.