The core inflation rate in the US, which excludes exogenous food and fuel costs, eased to 2.4% in August of 2026 from 2.5% the previous month, aligned with market expectations. Inflation was lower for commodities less food and energy commodities (0.7%) and new vehicles (0.6%). In turn, price growth remained elevated for shelter (3.0%) and medical care services (2.5%), while remaining close to the core rate for transportation services (2.4%). From the previous month, core consumer prices rose by 0.3%.