U.S. Inflation Rate Forecast
Below is a detailed forecast of the U.S. inflation rate by month.
This forecast is based on prior values of the consumer price index along with other factors such as commodity prices, money supply and interest rates.
Inflation Forecast Values
Year-Over-Year Percent Change in U.S. Consumer Price Index.
| Month | Date | Forecast Value | Avg Error |
|---|---|---|---|
| 0 | Aug 2026 | 3.40 | ±0.00 |
| 1 | Sep 2026 | 3.55 | ±0.082 |
| 2 | Oct 2026 | 3.42 | ±0.10 |
| 3 | Nov 2026 | 3.15 | ±0.12 |
| 4 | Dec 2026 | 2.78 | ±0.13 |
| 5 | Jan 2027 | 2.69 | ±0.14 |
| 6 | Feb 2027 | 2.55 | ±0.14 |
| 7 | Mar 2027 | 2.02 | ±0.15 |
| 8 | Apr 2027 | 1.84 | ±0.15 |
Download Historical and Forecast Data
Explore the Longer-Term Outlook with Our 5 Year Forecast
Chart of U.S. Inflation Rate with Forecast
Year over Year Percent Change In CPI.
Other Inflation Rate Links of Interest:
A long range forecast for the U.S. Inflation Rate and similar economic series is available by subscription. Click here for more information on FFC's long range forecasts or to subscribe.
| September 15, 2026 | |
| Indicator | Value |
|---|---|
| S&P 500 | 7585.73 |
| U.S. GDP Growth, YoY % | 2.10 |
| U.S. Inflation Rate, % | 3.40 |
| Gold Price, $/oz-t | 4292.90 |
| Crude Oil Futures, $/bbl | 105.48 |
| U.S. 10 Year Treasury, % | 5.00 |