#CPIWatch

CPIWATCH likely refers to the Consumer Price Index (CPI) watch, which tracks changes in the prices paid by consumers for a basket of goods and services. The US CPI increased to 324.80 points in September from 323.98 points in August 2025, with an annual inflation rate of 3%, the highest since January.¹ ²

*Key Highlights:*

- _CPI_: 324.80 points in September 2025

- _Annual Inflation Rate_: 3% (highest since January 2025)

- _Core Inflation Rate_: 3% (slowed from 3.1% in August)

The Federal Reserve Bank of Cleveland provides daily nowcasts of inflation for the CPI and Personal Consumption Expenditures (PCE) price indexes.³

Would you like to know more about:

- How the CPI affects the economy and your investments?

- The difference between CPI and PCE inflation measures?