CPI today — the quick read (simple version)

The CPI report today from the U.S. Bureau of Labor Statistics says U.S. inflation is 2.9% year-on-year in August (up from 2.7% in July). Core CPI—which excludes food and energy—holds at 3.1%. On a monthly basis, prices rose 0.4% month-on-month. In short: the latest inflation report shows price growth is cooling from prior peaks but is still firm.

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What’s moving the U.S. inflation report

Headline CPI: +2.9% YoY in August; +0.4% MoM.

Core CPI (ex-food & energy): +3.1% YoY; the monthly core reading stayed steady.

Categories like gas, groceries, and airfare nudged prices higher.

Why it matters: The print lands just before the U.S. Federal Reserve’s meeting. It will shape the discussion on interest-rate moves. Analysts also note that any new tariff pass-through could keep the inflation path bumpy in the coming months.

India focus — CPI report tomorrow

If you’re tracking CPI today for India: MoSPI will publish the August CPI on Sept 12, 2025 (IST). The July 2025 note pointed to broad easing, with rural food inflation (CFPI) slipping into negative territory. The official CPI data today/tomorrow release will confirm whether that cooling trend continued in August.

Next Indian release: Friday, Sept 12 (IST) — CPI data today/tomorrow window.

July snapshot: Rural headline inflation softened; rural CFPI turned negative, hinting at food-price relief.

What to watch when the India inflation report drops

Food vs fuel: Softer food prices can offset fuel-linked costs; monsoon progress and sowing data often sway near-term prints.

Core inflation: Services and housing will show stickiness beyond food/energy.

Policy lens: With CPI inside the RBI tolerance band recently, the August figure will feed into October policy talks and bond-market moves (liquidity and duration cues).

Quick glossary (plain English)

CPI (Consumer Price Index): A monthly basket that tracks what households pay for goods and services.

Inflation report / CPI report: The official summary of price changes each month—people watch both the monthly and yearly moves.

Core CPI: CPI without food and energy, used to see the underlying trend.

Bottom line for readers searching “cpi report,” “cpi today,” “inflation”

U.S.: August CPI at 2.9% YoY with core CPI 3.1% and 0.4% MoM keeps the story of steady—but slower—inflation alive ahead of the Fed.

India: CPI report today/tomorrow—MoSPI posts August data on Sept 12. July showed easing; watch the split between food and core for the market takeaway.