Core consumer prices in the United States, which exclude items linked to food and energy prices, rose by 0.4% from the previous month in January of 2025 from the 0.2% increase in the previous month, above market expectations of a slower increase of 0.3% to mark the fastest rise since March of last year. Prices rose at a faster pace for transportation services (1.8% vs 0.5% in December of 2024) and shelter (0.4% vs 0.3%), two key sectors that are monitored as underlying inflation by the Federal Reserve. On annual terms, core consumer prices rose by 3.3% in the first month of the year. source: U.S. Bureau of Labor Statistics

Core Inflation Rate MoM in the United States increased to 0.40 percent in January from 0.20 percent in December of 2024. Core Inflation Rate MoM in the United States averaged 0.30 percent from 1957 until 2025, reaching an all time high of 1.42 percent in March of 1980 and a record low of -0.50 percent in April of 2020. This page includes a chart with historical data for the United States Core Inflation Rate MoM. United States Core Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on March of 2025.

Core Inflation Rate MoM in the United States increased to 0.40 percent in January from 0.20 percent in December of 2024. Core Inflation Rate MoM in the United States is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Core Inflation Rate MoM is projected to trend around 0.30 percent in 2026 and 0.20 percent in 2027, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2025-01-15 01:30 PM
Core Inflation Rate MoM
Dec 0.2% 0.3% 0.2% 0.3%
2025-02-12 01:30 PM
Core Inflation Rate MoM
Jan 0.4% 0.2% 0.3% 0.3%
2025-03-12 12:30 PM
Core Inflation Rate MoM
Feb 0.4% 0.3%


Related Last Previous Unit Reference
CPI 317.67 315.61 points Jan 2025
Core Consumer Prices 324.74 323.30 points Jan 2025
Core Inflation Rate YoY 3.30 3.20 percent Jan 2025
Core Inflation Rate MoM 0.40 0.20 percent Jan 2025
CPI Core Core YoY 2.40 2.40 percent Jan 2025
CPI Housing Utilities 340.88 338.88 points Jan 2025
CPI s.a 319.09 317.60 points Jan 2025
CPI Transportation 270.38 267.61 points Jan 2025
Export Prices 151.50 149.50 points Jan 2025
Export Prices MoM 1.30 0.50 percent Jan 2025
Export Prices YoY 2.70 2.00 percent Jan 2025
Food Inflation 2.50 2.50 percent Jan 2025
Import Prices 142.00 141.60 points Jan 2025
Import Prices MoM 0.30 0.20 percent Jan 2025
Import Prices YoY 1.90 2.20 percent Jan 2025
Inflation Rate YoY 3.00 2.90 percent Jan 2025
Inflation Rate MoM 0.50 0.40 percent Jan 2025
PPI MoM 0.40 0.50 percent Jan 2025
PPI 147.72 147.13 points Jan 2025
PPI YoY 3.50 3.50 percent Jan 2025

United States Core Inflation Rate MoM
Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.20 1.42 -0.50 1957 - 2025 percent Monthly
1982-1984=100, SA


News Stream
US Core Consumer Prices Rise More than Expected
Core consumer prices in the United States, which exclude items linked to food and energy prices, rose by 0.4% from the previous month in January of 2025 from the 0.2% increase in the previous month, above market expectations of a slower increase of 0.3% to mark the fastest rise since March of last year. Prices rose at a faster pace for transportation services (1.8% vs 0.5% in December of 2024) and shelter (0.4% vs 0.3%), two key sectors that are monitored as underlying inflation by the Federal Reserve. On annual terms, core consumer prices rose by 3.3% in the first month of the year.
2025-02-12
US Core CPI Rises 0.3% as Expected
Core consumer prices in the United States, which exclude items linked to food and energy prices, rose by 0.3% from the previous month in November of 2024, the same pace as October and in line with market expectations. Core inflation was consistent for commodities less food and energy commodities (0.3% vs 0% in October) and shelter (0.3% vs 0.4%), while costs stalled for transportation services (vs 0.4%). The increase compares to a 0.3% rise in the headline figure. In turn, annual core inflation was at 3.3%, as expected.
2024-12-11
US Core CPI Rises as Expected
Core consumer prices in the United States, which exclude items such as food and energy, rose by 0.3% from the previous month in October of 2024, in line with market expectations, to mark the third consecutive month of 0.3% increases to the core gauge. Prices continued to rise for services less energy services (0.3% vs 0.4% in September) amid further increases for shelter (0.4% vs 0.2%) and transportation services (0.4% vs 1.4%). In turn, prices surged for used cars and trucks (2.7% vs 0.3%), offsetting a drop for apparel (-1.5% vs 1.1%), while costs of new cars and vehicles remained unchanged (vs 0.2%). From the previous year, core consumer prices rose by 3.3%.
2024-11-13