Annual inflation rate in the US slowed to 8.3% in April from a 41-year high of 8.5% in March, but less than market forecasts of 8.1%. Energy prices increased 30.3%, below 32% in March namely gasoline (43.6% vs 48%) while fuel oil increased more (80.5% vs 70.1%). On the other hand, food prices jumped 9.4%, the most since April 1981 and prices also rose faster for shelter (5.1% vs 5%) and new vehicles (13.2% vs 12.5%). On a monthly basis, consumer prices were up 0.3%, slightly more than expectations of 0.2% but below a 16-year high of 1.2% in March. The index for gasoline fell 6.1%, offsetting increases in the indexes for natural gas (3.1%) and electricity (0.7%). Despite the slowdown in April which suggests that inflation has probably peaked, the inflation is unlikely to fall to pre-pandemic levels any time soon and will remain above the Fed's 2% target for a long time as supply disruptions persist and energy and food prices remain elevated. source: U.S. Bureau of Labor Statistics

Inflation Rate in the United States averaged 3.26 percent from 1914 until 2022, 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. This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.

Inflation Rate in the United States is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Inflation Rate is projected to trend around 1.90 percent in 2023, according to our econometric models.

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United States Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-04-12 12:30 PM Mar 8.5% 7.9% 8.4% 8.3%
2022-05-11 12:30 PM Apr 8.3% 8.5% 8.1% 8.2%
2022-06-10 12:30 PM May


Related Last Previous Unit Reference
Inflation Rate 8.30 8.50 percent Apr 2022
Inflation Rate Mom 0.30 1.20 percent Apr 2022
Consumer Price Index CPI 288.66 287.71 points Apr 2022
Core Inflation Rate 6.20 6.50 percent Apr 2022
Core Consumer Prices 290.46 288.81 points Apr 2022
Producer Prices Change 11.00 11.50 percent Apr 2022
Export Prices 160.30 159.30 points Apr 2022
Import Prices 146.80 146.80 points Apr 2022
Food Inflation 9.40 8.80 percent Apr 2022
Energy Inflation 30.27 32.05 Percent Apr 2022
Services Inflation 5.37 5.12 Percent Apr 2022
Rent Inflation 5.14 5.00 Percent Apr 2022
Inflation Expectations 6.30 6.60 percent Apr 2022
CPI Median 5.23 4.91 percent Apr 2022
CPI Trimmed-mean 6.16 6.05 percent Apr 2022
Pce Price Index 121.00 119.96 points Mar 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
8.30 8.50 23.70 -15.80 1914 - 2022 percent Monthly
1982-1984=100, NSA

News Stream
Week Ahead
Next week investors will be looking for signs that the stock market is bottoming with earnings results from retailers including Costco, Macy’s, Nordstrom, and Best Buy taking center stage. Meanwhile, key data to watch include flash PMI surveys for major economies and personal spending and income for the US. Also, Federal Reserve will be publishing May meeting minutes and central banks in New Zealand, South Korea, Indonesia, and Turkey will be deciding on the monetary policy.
2022-05-22
US Inflation Rate Slows Less than Expected
Annual inflation rate in the US slowed to 8.3% in April from a 41-year high of 8.5% in March, but less than market forecasts of 8.1%. Energy prices increased 30.3%, below 32% in March namely gasoline (43.6% vs 48%) while fuel oil increased more (80.5% vs 70.1%). On the other hand, food prices jumped 9.4%, the most since April 1981 and prices also rose faster for shelter (5.1% vs 5%) and new vehicles (13.2% vs 12.5%). On a monthly basis, consumer prices were up 0.3%, slightly more than expectations of 0.2% but below a 16-year high of 1.2% in March. The index for gasoline fell 6.1%, offsetting increases in the indexes for natural gas (3.1%) and electricity (0.7%). Despite the slowdown in April which suggests that inflation has probably peaked, the inflation is unlikely to fall to pre-pandemic levels any time soon and will remain above the Fed's 2% target for a long time as supply disruptions persist and energy and food prices remain elevated.
2022-05-11
US Inflation Rate Likely Slowed in April
Annual inflation rate in the US likely slowed to 8.1% in April from a 41-year high of 8.5% in March and the monthly rate probably fell to 0.2% from a 16-year high of 1.2%. It would mark the first slowdown in annual inflation in seven months, prompted by a fall in gasoline and used cars prices from March to April and as base effects from last year start to fade. Annual core inflation which excludes cost of food and energy likely cooled to 6% from 6.5%, but the monthly rate is seen rising to 0.4% from 0.2%. Despite the slowdown expected in April, inflation is unlikely to fall to pre-pandemic levels any time soon and will remain above the Fed's 2% target for a long time as supply disruptions persist and energy and food prices remain elevated.
2022-05-11