Median Forecasts for CPI Inflation Rate (I:MFCPIIR)
2.43% for Q1 2027
Level Chart
Basic Info
|
Median Forecasts for CPI Inflation Rate is at 2.43%, compared to 2.50% last quarter and 2.65% last year. This is lower than the long term average of 2.94%. |
| Region | United States |
| Source | Federal Reserve Bank of Philadelphia |
Stats
| Last Value | 2.43% |
| Latest Period | Mar 2027 |
| Last Updated | Mar 13 2026, 14:24 EDT |
| Long Term Average | 2.94% |
| Average Growth Rate | -97.87% |
| Value from Last Quarter | 2.50% |
| Change from Last Quarter | -2.95% |
| Value from 1 Year Ago | 2.65% |
| Change from 1 Year Ago | -8.45% |
| Frequency | Quarterly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted Annual Rate |
| Download Source File | |
| Notes | Forecasts for the headline CPI inflation rate. Quarterly forecasts are annualized quarter-overquarter percent changes of the quarterly average price index level. Annual forecasts are fourth-quarter over fourth-quarter percent changes. The quarterly price index level is the quarterly average of the underlying monthly price index levels. First survey to include this variable: 1981:Q3. 15. Data always shows the latest forecast. |
Historical Data
| Date | Value |
|---|---|
| March 31, 2027 | 2.43% |
| December 31, 2026 | 2.50% |
| September 30, 2026 | 2.59% |
| June 30, 2026 | 2.72% |
| March 31, 2026 | 2.65% |
| December 31, 2025 | 2.40% |
| September 30, 2025 | 3.10% |
| June 30, 2025 | 1.60% |
| March 31, 2025 | 3.10% |
| December 31, 2024 | 1.20% |
| September 30, 2024 | 2.80% |
| June 30, 2024 | 3.80% |
| March 31, 2024 | 2.80% |
| December 31, 2023 | 3.60% |
| September 30, 2023 | 2.70% |
| June 30, 2023 | 3.80% |
| March 31, 2023 | 3.10% |
| December 31, 2022 | 5.70% |
| September 30, 2022 | 10.50% |
| June 30, 2022 | 9.20% |
| March 31, 2022 | 8.20% |
| December 31, 2021 | 6.60% |
| September 30, 2021 | 8.40% |
| June 30, 2021 | 3.70% |
| March 31, 2021 | 2.20% |
| Date | Value |
|---|---|
| December 31, 2020 | 5.20% |
| September 30, 2020 | -3.50% |
| June 30, 2020 | 1.20% |
| March 31, 2020 | 2.60% |
| December 31, 2019 | 1.80% |
| September 30, 2019 | 2.90% |
| June 30, 2019 | 0.90% |
| March 31, 2019 | 1.50% |
| December 31, 2018 | 2.00% |
| September 30, 2018 | 1.70% |
| June 30, 2018 | 3.50% |
| March 31, 2018 | 3.70% |
| December 31, 2017 | 2.00% |
| September 30, 2017 | -0.30% |
| June 30, 2017 | 3.10% |
| March 31, 2017 | 3.40% |
| December 31, 2016 | 1.60% |
| September 30, 2016 | 2.50% |
| June 30, 2016 | -0.30% |
| March 31, 2016 | 0.20% |
| December 31, 2015 | 1.60% |
| September 30, 2015 | 3.00% |
| June 30, 2015 | -3.10% |
| March 31, 2015 | -1.20% |
| December 31, 2014 | 1.10% |
News
Headline
Time (ET)
03/19 07:26
03/13 07:41
03/09 08:21
02/20 07:35
Basic Info
|
Median Forecasts for CPI Inflation Rate is at 2.43%, compared to 2.50% last quarter and 2.65% last year. This is lower than the long term average of 2.94%. |
| Region | United States |
| Source | Federal Reserve Bank of Philadelphia |
Stats
| Last Value | 2.43% |
| Latest Period | Mar 2027 |
| Last Updated | Mar 13 2026, 14:24 EDT |
| Long Term Average | 2.94% |
| Average Growth Rate | -97.87% |
| Value from Last Quarter | 2.50% |
| Change from Last Quarter | -2.95% |
| Value from 1 Year Ago | 2.65% |
| Change from 1 Year Ago | -8.45% |
| Frequency | Quarterly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted Annual Rate |
| Download Source File | |
| Notes | Forecasts for the headline CPI inflation rate. Quarterly forecasts are annualized quarter-overquarter percent changes of the quarterly average price index level. Annual forecasts are fourth-quarter over fourth-quarter percent changes. The quarterly price index level is the quarterly average of the underlying monthly price index levels. First survey to include this variable: 1981:Q3. 15. Data always shows the latest forecast. |