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

The BLS releases the September 2026 Consumer Price Index on Wednesday, October 14, 2026 at 8:30 AM ET. Prior print: 3.4% (2026-08). 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)3.48%
Nowflation Model (in-house)3.28%
Cleveland Fed nowcast3.43%
Street consensus3.70%
Kalshi market-implied3.62%

Pre-registration receipt

Status provisional · written September 11, 2026 at 6:30 PM ET · release 2026-10-14 08:30 ET. Nowflation CPI Forecast on the receipt: 3.48% · SHA-256 b671a81c49cb15c1…. Receipt JSON · all receipts.

The league table — headline CPI YoY, every graded print

ForecasterLive printsLive MAEBacktest printsBacktest MAECombined MAE
Street Consensus440.086pp0.086pp (44)
Cleveland Fed440.104pp0.104pp (44)
Kalshi Market30.132pp0.132pp (3)
Nowflation Forecast30.159pp0.159pp (3)
Nowflation Model30.252pp390.085pp0.097pp (42)

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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