David Andolfatto: CPI inflation rate at 3.4% year-over-year in Aug 2026

David Andolfatto: CPI inflation rate at 3.4% year-over-year in Aug 2026
CPI inflation at 3.4% in Aug 2026

David Andolfatto highlights recent consumer price index trends, reporting a 3.4% year-over-year inflation rate for August 2026. The month-over-month figure, annualized, reached 4.9%.

These figures provide insight into current inflation dynamics and trends specific to August 2026.

In July 2026, Andolfatto reported that the PCE inflation rate stood at 4.7% year-over-year and 1.9% month-over-month on an annualized basis, according to his previous statement. He has also examined the potential limitations of the Taylor rule if government policy becomes unpredictable, as discussed in a separate analysis. These earlier views provide further context for the latest inflation data.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.