Consumer Price Index Report (CPI)

The Consumer Price Index Report contains detailed information on CPI and Inflation with regional and national comparisons.

The 3rd quarter average Consumer Price Index (U.S. City Average) increased to 323.9 from its 321.6 level last quarter, indicating there is still strong inflation compared to this time last year. The current levels of inflation (2.7% in July, 2.9% in August and 3% in September) are still above the level that the Federal Reserve generally considers acceptable. The Federal Reserve doesn’t anticipate the U.S. reaching its target inflation rate of 2% until 2026. In the third quarter of 2025, sustained inflation pressures were driven by rising energy costs particularly gasoline alongside higher prices for other essentials and the effects of tariffs. In September 2025, the Fed cut interest rates by 0.25 percentage points, marking its first rate cut since December 2024.