US Inflation Rate (I:USIR)
Level Chart
Basic Info
|
US Inflation Rate is at 3.24%, compared to 3.70% last month and 7.75% last year. This is lower than the long term average of 3.28%. |
|
The US Inflation Rate is the percentage in which a chosen basket of goods and services purchased in the US increases in price over a year. Inflation is one of the metrics used by the US Federal Reserve to gauge the health of the economy. Since 2012, the Federal Reserve has targeted a 2% inflation rate for the US economy and may make changes to monetary policy if inflation is not within that range. A notable time for inflation was the early 1980's during the recession. Inflation rates went as high as 14.93%, causing the Federal Reserve led by Paul Volcker to take dramatic actions. |
| Report | Consumer Price Index |
| Category | Consumer Prices |
| Region | United States |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 3.24% |
| Latest Period | Oct 2023 |
| Last Updated | Nov 14 2023, 08:34 EST |
| Next Release | Dec 12 2023, 08:30 EST |
| Long Term Average | 3.28% |
| Average Growth Rate | -9.88% |
| Value from Last Month | 3.70% |
| Change from Last Month | -12.40% |
| Value from 1 Year Ago | 7.75% |
| Change from 1 Year Ago | -58.15% |
| Frequency | Monthly |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
| Notes | Year over year change of unadjusted all items. |
Historical Data
| Date | Value |
|---|---|
| October 31, 2023 | 3.24% |
| September 30, 2023 | 3.70% |
| August 31, 2023 | 3.67% |
| July 31, 2023 | 3.18% |
| June 30, 2023 | 2.97% |
| May 31, 2023 | 4.05% |
| April 30, 2023 | 4.93% |
| March 31, 2023 | 4.98% |
| February 28, 2023 | 6.04% |
| January 31, 2023 | 6.41% |
| December 31, 2022 | 6.45% |
| November 30, 2022 | 7.11% |
| October 31, 2022 | 7.75% |
| September 30, 2022 | 8.20% |
| August 31, 2022 | 8.26% |
| July 31, 2022 | 8.52% |
| June 30, 2022 | 9.06% |
| May 31, 2022 | 8.58% |
| April 30, 2022 | 8.26% |
| March 31, 2022 | 8.54% |
| February 28, 2022 | 7.87% |
| January 31, 2022 | 7.48% |
| December 31, 2021 | 7.04% |
| November 30, 2021 | 6.81% |
| October 31, 2021 | 6.22% |
| Date | Value |
|---|---|
| September 30, 2021 | 5.39% |
| August 31, 2021 | 5.25% |
| July 31, 2021 | 5.37% |
| June 30, 2021 | 5.39% |
| May 31, 2021 | 4.99% |
| April 30, 2021 | 4.16% |
| March 31, 2021 | 2.62% |
| February 28, 2021 | 1.68% |
| January 31, 2021 | 1.40% |
| December 31, 2020 | 1.36% |
| November 30, 2020 | 1.17% |
| October 31, 2020 | 1.18% |
| September 30, 2020 | 1.37% |
| August 31, 2020 | 1.31% |
| July 31, 2020 | 0.99% |
| June 30, 2020 | 0.65% |
| May 31, 2020 | 0.12% |
| April 30, 2020 | 0.33% |
| March 31, 2020 | 1.54% |
| February 29, 2020 | 2.33% |
| January 31, 2020 | 2.49% |
| December 31, 2019 | 2.29% |
| November 30, 2019 | 2.05% |
| October 31, 2019 | 1.76% |
| September 30, 2019 | 1.71% |
Basic Info
|
US Inflation Rate is at 3.24%, compared to 3.70% last month and 7.75% last year. This is lower than the long term average of 3.28%. |
|
The US Inflation Rate is the percentage in which a chosen basket of goods and services purchased in the US increases in price over a year. Inflation is one of the metrics used by the US Federal Reserve to gauge the health of the economy. Since 2012, the Federal Reserve has targeted a 2% inflation rate for the US economy and may make changes to monetary policy if inflation is not within that range. A notable time for inflation was the early 1980's during the recession. Inflation rates went as high as 14.93%, causing the Federal Reserve led by Paul Volcker to take dramatic actions. |
| Report | Consumer Price Index |
| Category | Consumer Prices |
| Region | United States |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 3.24% |
| Latest Period | Oct 2023 |
| Last Updated | Nov 14 2023, 08:34 EST |
| Next Release | Dec 12 2023, 08:30 EST |
| Long Term Average | 3.28% |
| Average Growth Rate | -9.88% |
| Value from Last Month | 3.70% |
| Change from Last Month | -12.40% |
| Value from 1 Year Ago | 7.75% |
| Change from 1 Year Ago | -58.15% |
| Frequency | Monthly |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
| Notes | Year over year change of unadjusted all items. |
Related Indicators
| US Economy |
| ADP Employment Change | 103000.0 |
| Effective Federal Funds Rate | 5.33% |
| US Durable Goods New Orders MoM | -5.40% |
| US Housing Starts MoM | 1.93% |
| US Index of Consumer Sentiment | 61.30 |
| US Initial Claims for Unemployment Insurance | 220000.0 |
| US ISM Manufacturing PMI | 46.70 |
| US Real GDP QoQ | 5.20% |
| US Retail and Food Services Sales MoM | -0.11% |
| US Unemployment Rate | 3.70% |