AI Data Insight
In August 2026 (Q3 2026), the US CPI Shelter Index reached 430.611, rising approximately 0.26% from the previous value of 429.491, aligning with market expectations. Although the short-term month-over-month increase slightly accelerated, it drove the overall core CPI year-over-year growth rate down to a recent low of 2.4%. This indicates that the lagging cooling effect of the rental market continues to unfold, providing buffer room for the Federal Reserve's policy.