U.S. August inflation: different baskets

% year over year

01.73.43.4CPI headline2.4CPI ex food &energy3.4PCE headline3PCE ex food &energy
Same August 2026 reference month. CPI released Sep 11; PCE released Sep 30. The baskets and methods differ.

Sources: [1] BEA Personal Income and Outlays, August 2026 · 2026-09-30; [3] BLS CPI, August 2026 · 2026-09-11

This analysis examines the implications of the week’s verified reporting, the assumptions behind the financial measures and the developments to monitor next.

ORIGINAL ANALYSIS · MEMBER ACCESS

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