Nowflation’s energy gauge reads 16.06% year over year as of September 8, 2026 (+0.010pp on the day, +0.280pp on the week, +1.600pp on the month; level 156.685, January 2018 = 100). The official BLS CPI energy was 14.7% for July 2026, released August 12, 2026 — a gap of +1.36pp today, −0.68pp like for like (the gauge’s July 2026 average against that print). The category carries 6.2% of the CPI basket; 47% of that weight is priced from live sources today. Next print: August 2026 CPI on September 11, 2026 at 8:30 AM ET. A measurement, not a forecast.
| Component | Basket weight | YoY | Contribution to the category | Feed today |
|---|---|---|---|---|
| Motor Fuel | 2.9% | 30.42% | +14.30pp | LIVE — aaa_gas_national |
| Electricity | 2.5% | 4.20% | +1.70pp | OFFICIAL — CUSR0000SEHF01 (official subindex, held between prints) |
| Utility Gas | 0.8% | 4.32% | +0.54pp | OFFICIAL — CUSR0000SEHF02 (official subindex, held between prints) |
Nowflation’s energy gauge reads 16.06% year over year as of September 8, 2026, measured daily on the CPI basket weights (6.2% of the basket). The official BLS CPI energy was 14.7% for July 2026, released August 12, 2026.
Today’s reading is +1.36pp versus the last print. About 47% of the category weight is priced from live sources today; the rest holds the official subindex until the next release. Like for like — the gauge’s average over July 2026 against that print — the gap was −0.68pp.
The August 2026 CPI prints on September 11, 2026 at 8:30 AM ET; this page steps to it the same morning.
Weight-normalised average of the member components’ daily index levels (Jan 2018 = 100), on the BLS relative-importance weights for the year — the same Laspeyres-style aggregation the headline Gauge uses; YoY is the level against the same calendar day a year earlier. Motor fuel is priced daily from AAA’s national pump average; electricity and utility gas hold their official subindexes between prints (EIA residential prices publish 12–13 weeks after the month, later than the CPI subindex, so they are deliberately not overlaid).
Weight-normalised average of the member components’ daily index levels (Jan 2018 = 100), on the BLS relative-importance weights for the year — the same Laspeyres-style aggregation the headline Gauge uses; YoY is the level against the same calendar day a year earlier. Motor fuel is priced daily from AAA’s national pump average; electricity and utility gas hold their official subindexes between prints (EIA residential prices publish 12–13 weeks after the month, later than the CPI subindex, so they are deliberately not overlaid). The official subindex is quoted at the last print (NSA, one decimal). The daily reading is a measurement of today; the like-for-like comparison is the calendar-month average of the daily series for the print’s reference month (at_print_month_pct), which is what the gap-at-print figure uses. Components: fuel, electricity, nat_gas; weights from the BLS CPI-U relative-importance table (engine weights.json) (2026). Engine construction v1.4.
Item trackers in this category: gas · electricity.
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