United States Inflation Rate  1914-2018 | Data | Chart | Calendar

Consumer prices in the United States increased 2.1 percent year-on-year in January of 2018, the same as in December and above market expectations of 1.9 percent. The index for all items less food and energy rose 1.8 percent over the past year, while the energy index increased 5.5 percent and the food index advanced 1.7 percent. Inflation Rate in the United States averaged 3.27 percent from 1914 until 2018, reaching an all time high of 23.70 percent in June of 1920 and a record low of -15.80 percent in June of 1921.

United States Inflation Rate
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US Inflation Rate Higher than Expected


Consumer prices in the United States increased 2.1 percent year-on-year in January of 2018, the same as in December and above market expectations of 1.9 percent. A slowdown in gasoline and electricity prices was offset by higher cost of food and medical care services. The monthly inflation rate went up to 0.5 percent from 0.2 percent amid broad-based cost increases.

Year-on-year, prices rose faster for fuel oil (12.5 percent from 15.2 percent); transportation services (4 percent from 3.7 percent); medical care services (2 percent from 1.6 percent); and food (1.7 percent from 1.6 percent). In contrast, the cost of energy grew less (5.5 percent from 6.9 percent in December), namely gasoline (8.5 percent from 10.7 percent); electricity (2.4 percent from 2.6 percent); utility piped gas service (0.2 percent from 4.7 percent); and medical care commodities (1.8 percent from 2.3 percent). Also, cost continued to decline for apparel (-0.7 percent from -1.6 percent); new vehicles (-1.2 percent from -0.5 percent); and used cars and trucks (-0.6 percent from -1 percent). On the other hand, inflation was steady for shelter (3.2 percent).

Excluding food and energy, annual inflation was flat at 1.8 percent, higher than expectations of 1.7 percent.

On a monthly basis, consumer prices went up 0.5 percent, following a 0.2 percent increase in December and above forecasts of 0.3 percent. Increases were broad-based, with prices of gasoline, shelter, apparel, medical care, and food all contributing. The energy index rose 3 percent, with the increase in the gasoline index more than offsetting declines in other energy component indexes. The food index rose 0.2 percent with the indexes for food at home and food away from home both rising.

Excluding food and energy, prices went up 0.3 percent. Along with shelter, apparel, and medical care, the indexes for motor vehicle insurance, personal care, and used cars and trucks also rose in January. The indexes for airline fares and new vehicles were among those that declined over the month.    .


BLS | Joana Taborda | joana.taborda@tradingeconomics.com
2/14/2018 1:58:27 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-12-13 01:30 PM Inflation Rate YoY 2.2% 2% 2.2% 2.1%
2018-01-12 01:30 PM Inflation Rate YoY 2.1% 2.2% 2.1% 2.2%
2018-02-14 01:30 PM Inflation Rate YoY 2.1% 2.1% 1.9% 2%
2018-03-13 12:30 PM Inflation Rate YoY 2.1% 2.10%
2018-04-11 12:30 PM Inflation Rate YoY 2%
2018-05-10 12:30 PM Inflation Rate YoY 2%


United States Prices Last Previous Highest Lowest Unit
Inflation Rate 2.10 2.10 23.70 -15.80 percent [+]
Inflation Rate Mom 0.50 0.20 1.80 -1.80 percent [+]
Consumer Price Index CPI 249.25 247.91 249.25 23.51 Index Points [+]
Core Consumer Prices 255.29 254.40 255.29 28.50 Index Points [+]
Core Inflation Rate 1.80 1.80 13.60 0.00 percent [+]
GDP Deflator 114.28 113.61 114.28 13.49 Index Points [+]
Producer Prices 114.90 114.40 114.90 100.20 Index Points [+]
Producer Prices Change 2.70 2.60 19.57 -6.86 percent [+]
Export Prices 125.70 124.70 135.30 82.40 Index Points [+]
Import Prices 126.70 125.50 147.50 75.00 Index Points [+]
Food Inflation 1.70 1.60 36.70 -34.30 percent [+]
CPI Housing Utilities 254.86 253.85 254.86 30.50 Index Points [+]
CPI Transportation 205.34 203.02 223.54 22.30 Index Points [+]
Core Pce Price Index 113.92 113.70 113.92 17.60 Index Points [+]
Pce Price Index 113.64 113.52 113.64 17.12 Index Points [+]
Inflation Expectations 2.71 2.82 3.40 2.42 percent [+]


United States Inflation Rate

In the United States, unadjusted Consumer Price Index for All Urban Consumers is based on the prices of a market basket of: food (14 percent of total weight), energy (9.3 percent), commodities less food and energy commodities (19.4 percent) and services less energy services (57.3 percent). The last category is divided by: shelter (32.1 percent), medical care services (5.8 percent) and transportation services (5.5 percent). This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Inflation Rate - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.10 23.70 -15.80 1914 - 2018 percent Monthly
1982-1984=100, NSA




inflation rate by Country
Country Last
Australia 1.90 Dec/17
Brazil 2.86 Jan/18
Canada 1.90 Dec/17
China 1.50 Jan/18
Euro Area 1.30 Jan/18
France 1.40 Jan/18
Germany 1.60 Jan/18
India 5.07 Jan/18
Indonesia 3.25 Jan/18
Italy 0.80 Jan/18
Japan 1.00 Dec/17
Mexico 5.55 Jan/18
Netherlands 1.50 Jan/18
Russia 2.20 Jan/18
South Korea 1.00 Jan/18
Spain 0.60 Jan/18
Switzerland 0.70 Jan/18
Turkey 10.35 Jan/18
United Kingdom 3.00 Jan/18
United States 2.10 Jan/18


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