Underlying inflation measures · United States
United States CPI s.a
The United States CPI s.a is an alternative measure of underlying inflation in the United States, built to strip out one-off price jumps without simply dropping whole categories.
- Важность
- Medium
- Опубликовано
- Monthly
- Следующая публикация
- Валюта
- USD · US dollar
- Центральный банк
- The Federal Reserve
Последние данные
Последняя публикация, за SEP, вышла 2026-10-14; значение: 336.30. Это выше, чем 334.13 в прошлый раз (пересмотрено).
За последние 12 публикаций значение колебалось от 324.37 до 336.30, в среднем 330.16. Показатель рос три публикации подряд.
| Опубликовано | Для | Факт | Консенсус | Предыдущее |
|---|---|---|---|---|
| 14 Oct 2026 | SEP | 336.30 | – | 334.13 ® |
| 11 Sep 2026 | AUG | 334.131 | – | 332.81 |
| 12 Aug 2026 | JUL | 332.81 | – | 332.57 ® |
| 14 Jul 2026 | JUN | 332.568 | – | 333.979 |
| 10 Jun 2026 | MAY | 333.979 | – | 332.407 |
| 12 May 2026 | APR | 332.407 | – | 330.293 |
| 10 Apr 2026 | MAR | 330.293 | – | 327.460 |
| 11 Mar 2026 | FEB | 327.460 | – | 326.588 |
| 13 Feb 2026 | JAN | 326.588 | – | 326.031 ® |
| 13 Jan 2026 | DEC | 326.030 | – | 325.031 |
| 18 Dec 2025 | NOV | 325.031 | – | – |
| 24 Oct 2025 | SEP | 324.368 | – | 323.364 |
Почему это важно
the Federal Reserve watches these measures to judge whether inflation is broad-based. When they agree with the headline, the trend is real; when they diverge, a few items are distorting the picture.
Как считается
A trimmed mean removes the items with the largest and smallest price changes (for example the top and bottom 15% by weight) and averages the rest; a weighted median takes the price change in the middle of the distribution. Other variants hold mortgage interest costs fixed or use common components.
Что означают изменения
- A trimmed mean or median near the target is the clearest sign that inflation is under control.
- When the headline jumps but these do not, the move is likely temporary.
Выше ожиданий: A higher figure than expected makes the Federal Reserve more likely to keep rates high or raise them: it tends to support the US dollar and push bond yields up, and is often a weight on stocks.
Ниже ожиданий: A lower figure than expected gives the Federal Reserve room to cut or hold rates lower: the US dollar tends to soften and bond yields to fall.
Краткая история
Trimmed means were developed in the 1990s (Bryan and Cecchetti at the Cleveland Fed); the Reserve Bank of Australia and the Bank of Canada give them a central place in their policy.
Вопросы
What is the United States CPI s.a?
The United States CPI s.a is an alternative measure of underlying inflation in the United States, built to strip out one-off price jumps without simply dropping whole categories.
What was the latest United States CPI s.a?
336.30 for SEP, published on 14 October 2026.
When is the next United States CPI s.a?
On Tuesday 10 November 2026 at 13:30 UTC.
Только образовательный материал, не инвестиционная рекомендация. Цифры — опубликованные результаты в том виде, в каком их записал наш календарь; описанные реакции рынка типичны, но не гарантированы.