The U.S. Consumer Price Index (CPI) increased by 0.2% in January 2026 on a seasonally adjusted monthly basis and rose 2.4% year-over-year without seasonal adjustment. The Core CPI, which excludes volatile food and energy prices, rose by 0.3% in January and 2.5% over the past 12 months. These figures reflect a modest inflationary environment in the United States as of early 2026.