August 2026 CPI preview — every forecast on the record before the print

The BLS releases the August 2026 Consumer Price Index on Friday, September 11, 2026 at 8:30 AM ET. Prior print: 3.4% (2026-07). The Nowflation CPI Forecast is an error-weighted blend of the in-house bottom-up model, the Cleveland Fed nowcast and the Street consensus; Kalshi's market-implied number rides along as a benchmark. This page becomes the graded result the morning the number lands — including our miss, if we miss.

ForecasterHeadline CPI YoY call
Nowflation Forecast (ensemble)3.33%
Nowflation Model (in-house)3.29%
Cleveland Fed nowcast3.38%
Street consensusnot posted yet
Kalshi market-implied3.34%

Pre-registration receipt

Status provisional · written September 1, 2026 at 6:30 PM ET · release 2026-09-11 08:30 ET. Nowflation CPI Forecast on the receipt: 3.33% · SHA-256 7c35230a8b091fff…. Receipt JSON · all receipts.

The league table — headline CPI YoY, every graded print

ForecasterLive printsLive MAEBacktest printsBacktest MAECombined MAE
Street Consensus430.088pp0.088pp (43)
Cleveland Fed430.106pp0.106pp (43)
Kalshi Market20.181pp0.181pp (2)
Nowflation Forecast20.208pp0.208pp (2)
Nowflation Model20.292pp390.085pp0.095pp (41)

Live = scoreboard rows frozen at grading time, ranked by live MAE. Backtest = the Nowflation Model's vintage-true walk-forward before its first live print (June 2026). Lower MAE = closer calls.

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