Inflation
INFLATION
State
AcceleratingLevel
ElevatedMomentum
AcceleratingConfidence
HighInflation is elevated, accelerating. Confidence: high.
Current inflation impulse
What this rests on
as of July 2026
| Indicator | Role | Value | Read as |
|---|---|---|---|
| Consumer price index, 3-month seasonally adjusted annualised rate | Primary | 6.68% | Elevated · up |
| Core CPI, 3-month seasonally adjusted annualised rate | Confirming | 6.38% | aligned · up |
| Consumer price index, year on year | Context | 6.00% | slow level measure · flat |
| Household inflation expectations, median | Confirming | 14.70% | rising · up |
Why this state
| Rule that matched | Elevated · Accelerating |
| Confirmed by | core inflation elevated, inflation expectations rising |
| Reference period | July 2026 |
| Computed | Sep 15, 2026, 05:49 PM MSK |
| Rule set | inflation-v1 |
Block indicators
| Core CPI, 3-month seasonally adjusted annualised rateprimary | 6.38% | July 2026 · imported |
| Core consumer price index, month on monthprimary | 100.4 | July 2026 · imported |
| Consumer price index, 3-month seasonally adjusted annualised rateprimary | 7.84% | August 2026 |
| Consumer price index, month on monthprimary | 99.9 | August 2026 |
| Consumer price index, year on yearprimary | 6.34% | August 2026 |
| Household inflation expectations, medianprimary | 13.67% | August 2026 · imported |
| Core consumer price index, seasonally adjusted, month on month | 100.5 | July 2026 · imported |
| CPI, food, month on month | 99.7 | August 2026 |
| CPI, non-food, month on month | 100.5 | August 2026 |
| Consumer price index, seasonally adjusted, month on month | 100.4 | August 2026 |
| CPI, services, month on month | 99.5 | August 2026 |
| Household observed inflation, median | 14.31% | August 2026 · imported |