America’s annual inflation rate in the US held steady at 2.4% in February 2026, unchanged from January.

This is in line with expectations and remains at its lowest level since May 2025, according to the US Bureau of Labour Statistics. The data, released today, shows that energy prices rebounded (0.5% vs -0.1%), led by a smaller decline in gasoline (-5.6% vs -7.5%) and a rise in fuel oil (6.2% vs -4.2%) and natural gas (10.9% vs 9.8%). 

On the other hand, prices for used cars and trucks declined more (-3.2% vs -2%) while inflation steadied for food (3.1% vs 3.1%) and shelter (3% vs 3%). Every month, the Consumer Price Index (CPI), which measures inflation, rose by 0.3%, slightly accelerating from 0.2% in January and in line with forecasts. 

Shelter prices were up 0.2% and made the largest contribution. Gasoline went up 0.8%, and food rose 0.4%. Meanwhile, annual core inflation, which excludes food and energy, remained unchanged at 2.5%, the same as in January and near its lowest level since 2021. 

On a monthly basis, core CPI increased by 0.2%, less than 0.3% in the previous month. Core figures also matched expectations.