October 14, 2026
The Consumer Price Index Summary – 2026 M09 Results released by the Bureau of Labor Statistics showed that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6% on a seasonally adjusted basis in September 2026, following a 0.4% increase in August. Over the past 12 months, the all items index rose 3.7% before seasonal adjustment, accelerating from the 3.4% year-over-year increase recorded in August.
Energy prices were the primary driver of the monthly increase. The energy index rose 5.2% in September after increasing 2.1% in August, with gasoline prices surging 9.1% and accounting for more than half of the increase in the all items index. Shelter costs also increased 0.4%, adding to inflationary pressures. Meanwhile, the food index was unchanged during the month, as a 0.2% increase in food away from home was offset by a 0.1% decline in food at home. Electricity prices rose 0.2%, while natural gas prices declined 0.3% over the month.
Excluding food and energy, the all items less food and energy index rose 0.3% in September, matching the increase recorded in August. Major contributors to the monthly increase included recreation, used cars and trucks, education, airline fares, apparel, new vehicles, personal care, and motor vehicle insurance. The medical care index increased 0.1%, supported by higher hospital service costs, while prescription drug prices declined 1.2%. Communication services fell 0.2% during the month, and household furnishings and operations were unchanged.
For the 12 months ending in September, the all items index rose 3.7%, up from 3.4% in August. The all items less food and energy index increased 2.6% over the year, accelerating from 2.4% in the prior month. The energy index advanced 20.4% year-over-year, driven largely by a 34.2% increase in gasoline prices, while the food index rose 2.5% over the same period. Shelter prices increased 3.2% year-over-year, while notable gains were also recorded in airline fares, education, recreation, and medical care.
Disclaimer:
Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
