Definition
The housing part of CPI (Consumer Price Index): rent, plus an estimate of what homeowners would pay to rent their own home.
The story
Shelter is the largest single piece of CPI, about 35% (Bureau of Labor Statistics weights, Aug 2026). Rents are usually set for a year at a time, so changes show up slowly. Shelter can keep CPI elevated long after other prices cool.
Why markets watch it
Because it's so big and so slow, it often decides where CPI lands.
IN HISTORICAL DATA
Latest Inflation (CPI): Wed, Oct 14, 2026 · Hotter
- Actual vs forecast
- Core +0.3% m/m vs +0.2%
- S&P 500
- -1.1%
- Nasdaq
- -1.9%
- Gold
- Spot -1.7% to $4086.06
History, not a prediction. Every row lists its sources.
All Inflation (CPI) →Connects to
We explain why it moves markets. What you do with it is your call. Commentary and education only. Not financial advice. All terms