CPI release
CPI report: July 2025
Consumer prices rose 2.7% in the 12 months through July 2025, holding steady from 2.7% in June. Core inflation, which excludes food and energy, ran 3.1%. The CPI-U index stood at 323.048, a 0.2% change from the prior month (not seasonally adjusted).
The numbers
| Headline inflation (12-month) | 2.7% |
|---|---|
| Core inflation (12-month) | 3.1% |
| CPI-U index level | 323.048 |
| Change vs. prior month (NSA) | 0.2% |
Recent months
| Month | CPI-U | 12-month rate |
|---|---|---|
| July 2025 | 323.048 | 2.7% |
| June 2025 | 322.561 | 2.7% |
| May 2025 | 321.465 | 2.4% |
| April 2025 | 320.795 | 2.3% |
| March 2025 | 319.799 | 2.4% |
| February 2025 | 319.082 | 2.8% |
Put it in context
- The current inflation rate, to check whether this is still the latest reading
- What 2024 dollars are worth in 2025, the year-over-year conversion
- How the BLS turns 80,000 prices into this number
Source: U.S. Bureau of Labor Statistics, CPI-U (series CUUR0000SA0 and CUUR0000SA0L1E), not seasonally adjusted. See the methodology.