The Bureau of Labor Statistics on Friday released the Consumer Price Index (CPI) report for August.

Nationwide, the CPI’s seasonally adjusted changes for all urban consumers (CPI-U) was up 0.4 percent from July. It’s the second consecutive month the CPI-U has climbed.

Since February 2026, the CPI-U has risen every month except for June, when it fell 0.4 percent from May. August’s 0.4 percent jump was higher than July’s 0.1 percent increase, but below the 0.9 percent increase in March.

Gas, Energy Drive Increase

The seasonally adjusted index for gasoline rose 3.9 percent in August, accounting for over one-third of the monthly all items increase. The index for energy increased 2.1 percent over the month.

Other jumps included food away from home (+0.3 percent over July), new vehicles (+0.3 percent), used vehicles (+0.4 percent), and shelter (+0.3 percent).

Conversely, medical care (-0.2 percent) and the index for motor vehicle insurance (-0.8 percent) were among the major indexes that decreased in August.

The unadjusted 12-month CPI-U was up 3.4 percent year-over-year. Gas (+27.4 percent) and energy (+16.3 percent) were the principal drivers.