AI Data Insight
The US CPI Energy Commodities Index fell to 359.754 in Q3 2026, a significant pullback from the previous value of 367.63 in Q2 2026, with a decline of over 2%, making it the core driver behind the overall cooling of CPI. As US-Iran geopolitical tensions eased, both crude oil and gasoline sub-components saw prices drop, offsetting the pressure from shelter costs. The market generally expects the Federal Reserve (Fed) to maintain a wait-and-see approach in the short term.