2026 COLA Projections Increasing With Latest Inflation Trends The June inflation data are likely to result in a higher 2026 COLA projection than the 2025 increase of 2.5%. Latest Inflation Data Reflects June 2025 Prices The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in June, after rising 0.1% in May. The index for all items less food and energy rose 0.2% in June, following a 0.1% increase in May. This index excluding food and energy, is considered a better predictor o...