The Consumer Price Index (CPI) inflation index has reached 2 percent, setting the stage for federal retirees under the Federal Employees Retirement System (FERS) to receive their annual cost-of-living adjustment (COLA). This increase marks a 0.2 percentage point rise from May’s inflation rate and follows only one month of negative inflation since November’s 0.1 percentage point decrease last year.
Source: https://www.fedweek.com/fedweek/2026-cola-count-hits-2-percent