- Headline inflation has increased just 1.1% over the last 12 months.
- Core inflation, however, was up 0.3% in August and 2.3% over the last 12 months.
- The I Bond variable interest rate looks likely to get a big bump up on November 1.
I’ve also updated my I Bonds and Inflation page with the new numbers.
And here are the new October inflation indexes for Treasury Inflation-Protected Securities.