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CPI: Supercore Services

Core services ex housing, the "supercore" metric the Fed watches for wage-driven inflation.

The CPI: Supercore Services is currently 440.95, last updated .

440.95
1W +0.23%1M +0.23%3M +0.49%
Updated 5m ago
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Inflation erodes purchasing power and forces central banks to tighten, squeezing equity multiples and increasing credit stress. Breakeven rates reveal what the bond market expects for future inflation, while CPI and PCE measure what consumers actually experience. Divergences between market expectations and realized prints create some of the highest-impact trading events of the year.

Updated just now

AI Analysis

Apr 15, 2026

Supercore +0.5% (sticky, not falling).

Recent Data

DateValueChange
Mar 1, 2026440.95+0.23%
Feb 1, 2026439.96+0.27%
Jan 1, 2026438.78+0.39%
Dec 1, 2025437.09+0.27%
Nov 1, 2025435.9+0.21%
Sep 1, 2025435+0.23%
Aug 1, 2025433.98+0.32%
Jul 1, 2025432.62+0.35%
Jun 1, 2025431.11+0.28%
May 1, 2025429.91—

Related in Inflation

CPI (All Urban)
Consumer Price Index for all urban consumers, the headline inflation gauge.
Core CPI (ex Food/Energy)
CPI excluding food and energy, less volatile measure of underlying inflation.
PCE Price Index
Personal Consumption Expenditures price index, the Fed's preferred inflation measure.
Core PCE (ex Food/Energy)
Core PCE excluding food and energy, the single most important inflation metric for the Fed.

Explore Further

Forecast 2026
CPI: Supercore Services Outlook
Scenario-weighted forecast using regime implied approach.
Comparison
Supercore Services vs Core PCE
Supercore captures the services inflation most sensitive to wage growth and labor market tightness. When supercore runs ...
Comparison
Supercore Services CPI vs Headline CPI
Supercore services ex-shelter captures wage-driven services inflation, the component the Fed watches closely. When super...
Category
All Inflation Data
CPI, PCE, breakevens, and inflation expectations data updated live. Track the indicators the Fed watches most closely to...

Frequently Asked Questions

▶What is CPI: Supercore Services?
Core services ex housing, the "supercore" metric the Fed watches for wage-driven inflation.
▶How does CPI: Supercore Services relate to inflation?
CPI: Supercore Services is part of the Inflation category. Inflation erodes purchasing power and forces central banks to tighten, squeezing equity multiples and increasing credit stress. Breakeven rates reveal what the bond market expects for future inflation, while CPI and PCE measure what consumers actually experience. Divergences between market expectations and realized prints create some of the highest-impact trading events of the year.
▶How often is CPI: Supercore Services updated?
CPI: Supercore Services is updated once per month when the releasing agency publishes new data. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source CPI: Supercore Services data?
Convex sources CPI: Supercore Services data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the CPI: Supercore Services chart page?
The CPI: Supercore Services page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.

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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated monthly. This page is for informational purposes only and does not constitute financial advice.