September 2025 CPI release: index up 0.3% MoM, 3.0% YoY (compared with 0.4% MoM, 2.9% YoY in August)

https://www.bls.gov/news.release/cpi.nr0.htm

Consensus forecast was for 0.4% MoM, 3.1% YoY, so actual figures surprised on the low side.

Core CPI (all items less food and energy) rose 0.2% MoM, 3.0% YoY (compared with 0.3% MoM, 3.1% YoY in June).

Consensus forecast for core CPI was 0.3% MoM, 3.1% YoY, so actual figures surprised on the low side.

FRED graph of YoY change in headline and core CPI.

FRED graph of MoM change in headline and core CPI.