AI Data Insight
The latest Q2 2026 US CPI Commodities Less Food Index reached 187.15, a significant jump from the previous Q1 2026 value of 183.676. The overall CPI year-over-year growth rate in April reached 3.8%, exceeding market expectations, primarily due to soaring gasoline and energy commodities driven by geopolitical conflicts. Although pure core commodity prices remained flat, the high pressure from the energy sector in the short term will continue to put pressure on the Federal Reserve's rate cut path.