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

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. 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
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



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.

Main upward pressure came from: fuel oil (34.7 percent vs 30.8 percent); gasoline (25.4 percent from 24.3 percent); shelter (3.5 percent vs 3.4 percent); transportation services (4 percent vs 3.7 percent); used cars and trucks (0.8 percent vs -0.7 percent); and new vehicles (0.2 percent vs -0.5 percent).

Meanwhile, food inflation was unchanged at 1.4 percent, while prices rose at a softer pace for medical care services (2.3 percent vs 2.5 percent); apparel (0.3 percent vs 0.6 percent); and medical care commodities (0.4 percent vs 2.4 percent). Also, prices continued to drop for both electricity (-0.8 percent vs -0.1 percent) and utility piped gas service (-1.3 percent vs -2.1 percent).

Core inflation, which excludes food and energy, rose to 2.4 percent in July from 2.3 percent in June. It was the highest rate since September 2008.

On a monthly basis, consumer prices rose 0.2 percent in July, after a 0.1 percent gain in June and in line with market expectations. The index for shelter rose 0.3 percent and accounted for nearly 60 percent of the increase. Also, the food index edged up 0.1 percent, with major grocery store food group indexes mixed; while the energy index fell 0.5 percent, as all the major component indexes declined.  



BLS | Joana Ferreira | joana.ferreira@tradingeconomics.com
8/10/2018 3:03:44 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-06-12 12:30 PM Inflation Rate YoY 2.8% 2.5% 2.7% 2.6%
2018-07-12 12:30 PM Inflation Rate YoY 2.9% 2.8% 2.9% 2.9%
2018-08-10 12:30 PM Inflation Rate YoY 2.9% 2.9% 3% 2.9%
2018-09-13 12:30 PM Inflation Rate YoY 2.9% 3%
2018-10-11 12:30 PM Inflation Rate YoY 3%
2018-11-14 01:30 PM Inflation Rate YoY 2.9%


United States Prices Last Previous Highest Lowest Unit
Inflation Rate 2.90 2.90 23.70 -15.80 percent [+]
Inflation Rate Mom 0.20 0.10 1.80 -1.80 percent [+]
Consumer Price Index CPI 251.29 250.86 251.29 23.51 Index Points [+]
Core Consumer Prices 257.93 257.31 257.93 28.50 Index Points [+]
Core Inflation Rate 2.40 2.30 13.60 0.00 percent [+]
GDP Deflator 110.24 109.37 110.24 12.85 Index Points [+]
Producer Prices 116.40 116.40 116.40 100.20 Index Points [+]
Producer Prices Change 3.30 3.40 19.57 -6.86 percent [+]
Export Prices 127.40 128.10 135.30 82.40 Index Points [+]
Import Prices 128.10 128.10 147.50 75.00 Index Points [+]
Food Inflation 1.40 1.40 36.70 -34.30 percent [+]
CPI Housing Utilities 259.27 258.71 259.27 30.50 Index Points [+]
CPI Transportation 214.04 214.68 223.54 22.30 Index Points [+]
Core Pce Price Index 109.92 109.80 109.92 16.73 Index Points [+]
Core Producer Prices 115.40 115.30 115.40 99.90 Index Points [+]
Pce Price Index 108.16 108.05 108.16 16.07 Index Points [+]
Inflation Expectations 2.98 2.98 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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.90 2.90 23.70 -15.80 1914 - 2018 percent Monthly
1982-1984=100, NSA




inflation rate by Country
Country Last
Australia 2.10 Jun/18
Brazil 4.48 Jul/18
Canada 3.00 Jul/18
China 2.10 Jul/18
Euro Area 2.10 Jul/18
France 2.30 Jul/18
Germany 2.00 Jul/18
India 4.17 Jul/18
Indonesia 3.18 Jul/18
Italy 1.50 Jul/18
Japan 0.70 Jun/18
Mexico 4.81 Jul/18
Netherlands 2.10 Jul/18
Russia 2.50 Jul/18
South Korea 1.50 Jul/18
Spain 2.20 Jul/18
Switzerland 1.20 Jul/18
Turkey 15.85 Jul/18
United Kingdom 2.50 Jul/18
United States 2.90 Jul/18


Related

Latest