Median Forecasts for CPI Inflation Rate (I:MFCPIIR)
2.28% for Q3 2026
Basic Info
|
Median Forecasts for CPI Inflation Rate is at 2.28%, compared to 5.96% last quarter and 3.02% last year. This is lower than the long term average of 2.91%. |
| Region | United States |
| Source | Federal Reserve Bank of Philadelphia |
Stats
| Last Value | 2.28% |
| Latest Period | Sep 2026 |
| Last Updated | Aug 17 2026, 16:54 EDT |
| Long Term Average | 2.91% |
| Average Growth Rate | -38.55% |
| Value from Last Quarter | 5.96% |
| Change from Last Quarter | -61.79% |
| Value from 1 Year Ago | 3.02% |
| Change from 1 Year Ago | -24.57% |
| Frequency | Quarterly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted Annual Rate |
| Download Source File | |
| Notes | Forecasts for the headline CPI inflation rate. Quarterly forecasts are annualized quarter-overquarter percent changes of the quarterly average price index level. Annual forecasts are fourth-quarter over fourth-quarter percent changes. The quarterly price index level is the quarterly average of the underlying monthly price index levels. First survey to include this variable: 1981:Q3. 15. Data always shows the latest forecast. |
Historical Data
| Date | Value |
|---|---|
| September 30, 2026 | 2.28% |
| June 30, 2026 | 5.96% |
| March 31, 2026 | 2.65% |
| December 31, 2025 | 3.09% |
| September 30, 2025 | 3.02% |
| June 30, 2025 | 3.10% |
| March 31, 2025 | 3.00% |
| December 31, 2024 | 2.24% |
| September 30, 2024 | 2.33% |
| June 30, 2024 | 3.41% |
| March 31, 2024 | 2.51% |
| December 31, 2023 | 3.26% |
| September 30, 2023 | 3.07% |
| June 30, 2023 | 3.50% |
| March 31, 2023 | 3.33% |
| December 31, 2022 | 5.40% |
| September 30, 2022 | 6.68% |
| June 30, 2022 | 7.10% |
| March 31, 2022 | 5.50% |
| December 31, 2021 | 4.60% |
| September 30, 2021 | 5.20% |
| June 30, 2021 | 3.20% |
| March 31, 2021 | 2.50% |
| December 31, 2020 | 2.01% |
| September 30, 2020 | 2.34% |
| Date | Value |
|---|---|
| June 30, 2020 | -2.58% |
| March 31, 2020 | 2.00% |
| December 31, 2019 | 1.80% |
| September 30, 2019 | 1.88% |
| June 30, 2019 | 2.41% |
| March 31, 2019 | 1.10% |
| December 31, 2018 | 2.34% |
| September 30, 2018 | 2.30% |
| June 30, 2018 | 1.91% |
| March 31, 2018 | 2.70% |
| December 31, 2017 | 2.30% |
| September 30, 2017 | 1.65% |
| June 30, 2017 | 1.56% |
| March 31, 2017 | 2.49% |
| December 31, 2016 | 2.21% |
| September 30, 2016 | 2.00% |
| June 30, 2016 | 1.90% |
| March 31, 2016 | 0.40% |
| December 31, 2015 | 0.89% |
| September 30, 2015 | 2.00% |
| June 30, 2015 | 1.90% |
| March 31, 2015 | -1.38% |
| December 31, 2014 | 1.04% |
| September 30, 2014 | 2.20% |
| June 30, 2014 | 1.88% |
News
Headline
Time (ET)
08/20 08:10
08/10 08:05
07/31 13:23
Basic Info
|
Median Forecasts for CPI Inflation Rate is at 2.28%, compared to 5.96% last quarter and 3.02% last year. This is lower than the long term average of 2.91%. |
| Region | United States |
| Source | Federal Reserve Bank of Philadelphia |
Stats
| Last Value | 2.28% |
| Latest Period | Sep 2026 |
| Last Updated | Aug 17 2026, 16:54 EDT |
| Long Term Average | 2.91% |
| Average Growth Rate | -38.55% |
| Value from Last Quarter | 5.96% |
| Change from Last Quarter | -61.79% |
| Value from 1 Year Ago | 3.02% |
| Change from 1 Year Ago | -24.57% |
| Frequency | Quarterly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted Annual Rate |
| Download Source File | |
| Notes | Forecasts for the headline CPI inflation rate. Quarterly forecasts are annualized quarter-overquarter percent changes of the quarterly average price index level. Annual forecasts are fourth-quarter over fourth-quarter percent changes. The quarterly price index level is the quarterly average of the underlying monthly price index levels. First survey to include this variable: 1981:Q3. 15. Data always shows the latest forecast. |