The August CPI-U value increased to 218.312 over July’s value of 218.011.
March | April | May | June | July | Aug. | Sept. |
217.631 | 218.009 | 218.178 | 217.965 | 218.011 | 218.312 |
With only one month remaining for the November I Bond rate to be determined, the inflation for this period remains very low. If the calculation was based on today’s values, the CPI-U increase would be only 0.31%. If the fixed rate of 0.2% continued, the combined I Bond rate would be a mere 0.82%.
The CPI-U increased for last September through March resulted in a 0.77% CPI-U linked rate. It seems unlikely that the November rate will be higher than today’s 1.74% I Bond.
CPI-U August 2010
I Bond Rates