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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.
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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.