United States Inflation Rate Down to 1.5% in March


The all items index increased 1.5 percent over the last 12 months; this compares to 2.0 percent last month and is the smallest increase since the 12 months ending July 2012. The index for all items less food and energy increased 1.9 percent over the last 12 months. The food index rose 1.5 percent while the energy index declined 1.6 percent.

The food at home index has risen 1.0 percent year-on-year. The fruits and vegetables index rose 4.4 percent over the same span, the largest increase among the food groups, while the indexes for dairy and related products and for nonalcoholic beverages both declined. The index for food away from home has risen 2.3 percent over the past year.

Over the past 12 months, the indexes for gasoline and fuel oil have declined; gasoline by 3.1 percent and fuel oil by 2.4 percent. The indexes for natural gas and electricity have risen; natural gas by 1.8 percent and electricity by 0.9 percent.
 
The index for all items less food and energy increased 1.9 percent for the 12 months ending March. Component indexes rising more quickly than this include airline fare (3.8 percent), medical care (3.1 percent), and shelter (2.2 percent). Among those indexes rising more slowly are new vehicles (1.1 percent), apparel (0.8 percent), and used cars and trucks (0.1 percent). The index for household furnishings and operations declined 0.6 percent over the span.

United States Inflation Rate Down to 1.5% in March


BLS | Nuno Fontes | nuno@tradingeconomics.com
4/16/2013 1:42:29 PM


Recent Releases

US Inflation Rate Slows to 2.7%
Annual inflation rate in the US fell to 2.7 percent in August of 2018 from 2.9 percent in July and below market expectations of 2.8 percent. It is the lowest reading in four months amid a slowdown in cost of fuel, gasoline and shelter.
Published on 2018-09-13

US Inflation Rate Unchanged at Over 6-Year High
US annual inflation rate stood at 2.9 percent in July 2018, unchanged from the previous month and slightly below market expectations of 3 percent. Still, inflation remained at its highest level since February 2012.
Published on 2018-08-10

US Inflation Rate Highest since 2012
The inflation rate in the US edged up to 2.9 percent in June of 2018 from 2.8 percent in May, matching market expectations. It is the highest rate since February of 2012 when inflation was also at 2.9 percent, due to rising prices for oil and gasoline. The last time inflation was above 2.9 percent was in December of 2011 when it reached 3 percent.
Published on 2018-07-12

US Inflation Rate at Over 6-Year High
The inflation rate in the US increased to 2.8 percent in May of 2018 from 2.5 percent in April, beating market forecasts of 2.7 percent. It is the highest inflation rate since February of 2012, mainly due to rising prices for gasoline and shelter.
Published on 2018-06-12