The U.S. GDP Price Index decelerated markedly in the third quarter of 2026, easing to 2.2% quarter-over-quarter from 6.1% in the second quarter, according to data updated on 29 October 2026. The indicator measures the change in prices of all goods and services included in gross domestic product, providing a broad gauge of inflationary pressure across the economy.
The latest reading reflects a sharp cooldown in price growth compared with the prior quarter, when the index’s 6.1% rise signaled significantly stronger inflationary momentum. On a quarter-over-quarter comparison basis, the current figure captures the change in prices from the second to the third quarter, while the previous 6.1% result represented the change from the first to the second quarter of 2026.
The move from 6.1% to 2.2% suggests that pricing pressures eased substantially as the year progressed, potentially signaling a shift in the inflation environment heading into late 2026. Investors and policymakers are likely to view the slowdown as an important input in assessing the trajectory of inflation and the broader economic outlook.
