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US Core CPI climbed to 336.12% in May 2026, released June 2026, up 0.7% from April's 335.42% reading.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| NZD/USD | ▼ Inverse | −0.58 | FOREX | Moves against | → View |
| USD/CAD | ▲ Direct | +0.55 | FOREX | Moves with | → View |
| AUD/USD | ▼ Inverse | −0.55 | FOREX | Moves against | → View |
| MSFT | ▼ Inverse | −0.49 | STOCKS | Moves against | → View |
| XAU/USD | ▼ Inverse | −0.33 | COMMODITIES | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Core CPI (United States) was reported at 336.12% in June 2026. The reading rose from the previous value of 335.42%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 333.32%, ranging from 329.7% to 336.12% across 11 releases.
The trailing three releases averaged 335.89%, up from the prior three at 334.37%. Volatility over the past year (σ 2.23%) is lower than the prior year (σ 2.72%). In June readings over the past 3 years, Core CPI has averaged 327.39%.
Historically, this indicator is negatively correlated with NZD/USD (Bearish NZD). A secondary relationship exists with USD/CAD, positively correlated (Bullish USD).
The next release is scheduled for July 14, 2026. Same-country events in the next 14 days include Inflation Rate YoY (Jul 14) and Core Inflation Rate YoY (Jul 14).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
US Core CPI (Ex Food & Energy) rose to 336.121 in May, up from April’s 335.423, marking a steady increase. The data shows continued inflationary pressure as the index climbs month-over-month. Market participants will watch upcoming Fed communications closely for signals on monetary policy adjustments. Updated 6/11/26
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
Latest reading (May 2026): actual 336.1 Index 1982-84=100. Prior reading (Apr 2026): 335.4 Index 1982-84=100. Before that (Mar 2026): 334.2 Index 1982-84=100.
Sigmacast's 1-month forecast points to a similar reading versus the latest print. Current dynamics are the primary headwind in the projection. This indicator correlates most strongly with NZD/USD (Bearish NZD, r=-0.58) — a useful reference for forex-focused traders.
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| Monday, July 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 18:00 | Monthly Budget Statement | -120 | -293 | -132.8 | -126.40 | Medium | |
| 18:00 | Budget Balance | -120 | -293 | -135.8 | -127.90 | Medium | |
| Tuesday, July 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 10:00 | NFIB Business Optimism Index | 95.3 | 95.6 | 94.20 | Low | ||
| 12:30 | Inflation Rate YoY | 4.2 | 3.8 | 3.80 | High | ||
| 12:30 | Core Inflation Rate YoY | 2.9 | 2.9 | 2.90 | High | ||
| 12:30 | CPI s.a | 333.979 | 334 | 334.00 | Medium | ||
| 12:30 | Core Inflation Rate MoM | 0.2 | 0.2 | 0.20 | High | ||
| 12:30 | CPI | 335.12 | 334.71 | 334.71 | Medium | ||
| 12:30 | Inflation Rate MoM | 0.5 | -0.1 | -0.10 | High | ||
| 12:30 | CPI MoM | 0.5 | -0.1 | -0.10 | High | ||
| 12:30 | CPI YoY | 4.2 | 3.8 | 3.80 | High | ||
| 12:30 | Core CPI MoM | 0.2 | 0.2 | 0.20 | High | ||
| 12:30 | Core CPI YoY | 2.9 | 2.9 | 2.90 | Medium | ||
| 20:00 | Net Long-Term TIC Flows | 103.1 | 128 | 139.00 | Medium | ||
| Wednesday, July 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Producer Price Index | 157.659 | 159.1 | 158.50 | Low | ||
| 12:30 | Producer Price Index YoY | 6.5 | 7.2 | 6.90 | Low | ||
| 12:30 | Core PPI YoY | 4.9 | 5.2 | 5.05 | Low | ||
| 12:30 | Producer Price Index MoM | 1.1 | 0.8 | 0.50 | High | ||
| Thursday, July 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Retail Sales Ex Autos MoM | 0.8 | 0.4 | 0.40 | Medium | ||
| 12:30 | Retail Sales YoY | 6.9 | 6.7 | 6.70 | Low | ||
| 12:30 | Retail Sales Ex Gas/Autos MoM | 0.5 | 0.3 | 0.30 | Low | ||
| 12:30 | Retail Sales MoM | 0.9 | 0.3 | 0.30 | High | ||
| 14:00 | Pending Home Sales YoY | 4.8 | 1.3 | 1.30 | Medium | ||
| Friday, July 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Import Prices YoY | 6.7 | 5.4 | 5.45 | Low | ||
| 12:30 | Housing Starts | 1.177 | 1.2 | 1.20 | High | ||
| 13:15 | Industrial Production YoY | 1.7 | 1.5 | 1.50 | Low | ||
| 13:15 | Manufacturing Production YoY | 1.4 | 1 | 1.00 | Low | ||
| 13:15 | Capacity Utilization | 76.2 | 76.7 | 76.70 | Low | ||