AI Data Insight
The latest observation of the US Q3 2026 CPI Shelter Index is 430.227, continuing to climb from the previous value of 429.095. The widened monthly increase interrupted the previous cooling trend. Although the annual growth rate of this sub-item slowly declined to 3.0%, combined with the stickiness of non-shelter services, it caused core inflation to slightly overshoot. In the short term, the lagging effect of housing rents persists, which is expected to influence the Federal Reserve's interest rate decision in September.