Social Security beneficiaries are likely to receive a larger cost of living adjustment (COLA) next year after the latest inflation data show price pressures persisting, according to a new report.

Social Security's COLA is calculated using a variant of CPI data that measures average annual inflation for the months of July, August and September – meaning the final COLA for 2026 will be unveiled after September's CPI print is released in mid-October.

The Bureau of Labor Statistics on Thursday released the consumer price index (CPI) for August, which showed headline inflation rising from 2.8% in July to 2.9% last month on a year-over-year basis. Headline CPI rose 0.4% for the month of August.

With the latest data in hand, The Senior Citizens League (TSCL) estimated that the Social Se

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