The U.S. Bureau of Labor Statistics (BLS), the federal agency that publishes the Consumer Price Index (CPI), has scheduled 12 CPI releases for 2027. The first is Wednesday 13 January and the last is Friday 10 December. Each comes out at 8:30 a.m. Eastern Time, which is New York clock time and 1:30 p.m. in London.
The CPI measures the average change over time in the prices urban consumers pay for a basket of goods and services. We wrote this page on 11 November 2026 from the BLS schedule, which BLS last modified on 9 November 2026. As of that date, the next release, for November 2026, was due on 10 December 2026.
When is the CPI released in 2027? The U.S. Bureau of Labor Statistics (BLS) has scheduled 12 Consumer Price Index releases for 2027, from 13 January to 10 December, each at 8:30 a.m. Eastern Time. Each release covers the previous month, so the 13 January report covers December 2026.
Every 2027 release falls on the 10th, 11th, 12th, 13th, or 14th of the month, on a Tuesday, Wednesday, Thursday, or Friday.
The Federal Reserve (the Fed), the US central bank, announces its interest rate decision at eight meetings in 2027. A CPI release falls within two days of the decision in June, September, and December.
In June and December, the Fed announces its decision before that month's CPI release comes out. In September, the CPI comes out the day before the decision.
What are the CPI release dates for 2027?
BLS publishes the dates on its release calendar. The table lists all 12 releases for 2027 as the calendar stood on 11 November 2026. It gives the month each report covers, which BLS calls the reference month, and the days between the end of that month and the release.
The last column gives the next Fed decision day, when the Fed announces its interest rate decision. The 13 January release covers December 2026. The next decision comes 14 days later, on 27 January.
Month covered | Release date, 8:30 a.m. Eastern Time | Days after the month ends | Next Fed decision day |
|---|---|---|---|
December 2026 | Wed 13 Jan | 13 | Wed 27 Jan (14 days later) |
January 2027 | Thu 11 Feb | 11 | Wed 17 Mar (34 days later) |
February 2027 | Wed 10 Mar | 10 | Wed 17 Mar (7 days later) |
March 2027 | Tue 13 Apr | 13 | Wed 28 Apr (15 days later) |
April 2027 | Wed 12 May | 12 | Wed 9 Jun (28 days later) |
May 2027 | Thu 10 Jun | 10 | Wed 28 Jul (48 days later) |
June 2027 | Wed 14 Jul | 14 | Wed 28 Jul (14 days later) |
July 2027 | Wed 11 Aug | 11 | Wed 15 Sep (35 days later) |
August 2027 | Tue 14 Sep | 14 | Wed 15 Sep (1 day later) |
September 2027 | Thu 14 Oct | 14 | Wed 27 Oct (13 days later) |
October 2027 | Wed 10 Nov | 10 | Wed 8 Dec (28 days later) |
November 2027 | Fri 10 Dec | 10 | Wed 26 Jan 2028 (47 days later) |
2027 CPI release dates as listed by the U.S. Bureau of Labor Statistics on 11 November 2026. The last column looks forward from each release to the next Fed decision day, which is the second day of the meeting on the Federal Reserve calendar. The Fed treats each date as tentative until the previous meeting confirms it. The 26 January 2028 decision is the second day of the two-day meeting the Fed lists for 25 and 26 January 2028. Sources: U.S. Bureau of Labor Statistics; Federal Reserve
The table looks forward from each release to the next decision. Chart 2 below looks back from each decision to the latest release, so the May row (48 days) and the June bar (28 days) describe different gaps.
The BLS CPI schedule page ends with the November 2027 report on 10 December 2027. The Fed's calendar lists a two-day meeting on 25 and 26 January 2028.
What time is the CPI released?
BLS releases the CPI at 8:30 a.m. Eastern Time, the clock time in New York. All 12 dates carry that time on the BLS calendar.
The BLS release for October 2026 said its material was embargoed until 8:30 a.m. Eastern Time on Tuesday 10 November 2026. An embargo is a rule that bars anyone from publishing the data before the stated time.
On all 12 dates, 8:30 a.m. in New York is 1:30 p.m. in London.
The US and UK change their clocks on different days. The gap is four hours instead of five from 14 to 27 March and from 31 October to 6 November 2027. None of the 12 release dates falls in those windows.
Which month does each CPI release cover?
Each CPI release covers the previous calendar month, so the 10 December release covers November 2027.
How many days after the month ends does each CPI come out?
BLS publishes each report 10 to 14 days after the month it covers ends. The median is 11.5 days, which is the middle value of the 12 gaps.
Chart 1 plots the day of the month of each release in 2026 and 2027. Both years run from the 10th to the 14th, with the same median of 11.5 days.
Source: U.S. Bureau of Labor Statistics; YX Insights
The 2027 calendar has four releases on the 10th and three on the 14th. The other five fall on the 11th, 12th, or 13th.
How do the 2027 dates compare with 2026?
Both years have 12 releases. In 2027, six fall on a Wednesday, three on a Thursday, two on a Tuesday, and one on a Friday, which is 10 December. In 2026, four fall on a Tuesday, four on a Wednesday, three on a Friday, and one on a Thursday. No release in either year falls on a Monday.
The gaps between releases within 2027 run from 27 to 34 days. The two shortest, at 27 days, are 11 February to 10 March and 14 October to 10 November. Within 2026, the gaps run from 26 to 34 days.
How do the CPI dates line up with the 2027 Fed meetings?
The Federal Open Market Committee (FOMC) is the Fed's rate-setting committee.
The Fed's calendar, last updated on 28 October 2026, lists eight 2027 meetings. Each runs two days. At the 27 and 28 October 2026 meeting, the Fed issued its policy statement on 28 October. We treat the second day of each 2027 meeting as the decision day.
Chart 2 shows the days between the latest CPI release before each decision day and that day. The orange bars mark the three meetings where a CPI release also falls within two days after the decision. The gap runs from 1 to 28 days. Five decisions follow a release by 7 to 15 days: January, March, April, July, and October.
Source: U.S. Bureau of Labor Statistics; Federal Reserve; YX Insights
June, September, and December sit apart. In June, the latest report is the 12 May release for April, 28 days before the 9 June decision. The report for May follows on 10 June, one day after.
December works the same way. The 10 November release comes 28 days before the 8 December decision. The next follows two days after. In September, BLS publishes the August report on 14 September, the first day of the meeting and one day before the decision.
Our FOMC meeting schedule page lists the Fed's dates for 2026 and 2027. Our guide to what the FOMC is explains who votes.
What does a CPI release contain?
The headline CPI release covers the Consumer Price Index for All Urban Consumers, or CPI-U. BLS says this group represents over 90% of the total US population. It leaves out people in rural nonmetropolitan areas, farming families, the Armed Forces, and people in institutions such as prisons.
The 10 November 2026 release also reported the index for all items less food and energy, called core inflation. Our guide to core and headline inflation explains the two. Our CPI report guide shows how to read each release.
Can the CPI release dates change?
The Fed says each meeting date is tentative until confirmed at the meeting immediately before it. BLS says it updates its calendar as needed to add news releases, usually at least a week before they come out.
The data can also have gaps. BLS did not collect October 2025 survey data because of a lapse in appropriations, which are the funds Congress approves for federal agencies. For most CPI series, BLS could not publish October 2025 indexes.
The gap reached into 2026. In its 10 November 2026 release, BLS said it cannot publish 12-month percent changes for October 2026 for indexes where October 2025 data are unavailable. A 12-month change compares a month with the same month a year earlier. Our guide to month-on-month and year-on-year inflation explains it.
The 2027 dates above are the dates BLS listed on 11 November 2026. The Fed's dates can change before then. Our guide to what the CPI is covers how BLS builds the index.
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Common questions about CPI release dates in 2027
When is the first CPI release of 2027?
BLS has scheduled the first CPI release of 2027 for Wednesday 13 January at 8:30 a.m. Eastern Time. It covers December 2026 and comes 34 days after the 10 December 2026 release. The last 2027 release is Friday 10 December, which covers November 2027. Our CPI report guide explains what each release contains.
What time does the CPI come out?
The CPI comes out at 8:30 a.m. Eastern Time on every 2027 release date on the BLS calendar. That is 1:30 p.m. in London on all 12 dates, even though the US and UK change their clocks on different days. BLS embargoed the October 2026 release until 8:30 a.m. Eastern Time, which barred anyone from publishing the data earlier.
What day of the month is the CPI released?
BLS has scheduled every 2027 CPI release between the 10th and the 14th of the month. Four fall on the 10th, three on the 14th, two each on the 11th and 13th, and one on the 12th. Six of the 12 fall on a Wednesday. None falls on a Monday.
Is the CPI released before the Fed decision?
Yes. At all eight 2027 Fed meetings, a CPI release comes out before the decision day, by 1 to 28 days. In September, BLS publishes on 14 September, the first day of the two-day meeting and the day before the decision. In June and December, the next report follows the decision by one and two days. Our FOMC meeting schedule lists the dates.
DISCLAIMER: This article is intended for educational purposes only. Any information or analysis in this note does not constitute an offer to sell or a solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice, nor should it be relied upon to make investment decisions. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice.
