United States Inflation Rate  1914-2017 | Data | Chart | Calendar

US consumer prices increased by 1.7 percent year-on-year in July 2017, missing market expectations of 1.8 percent and following a 1.6 percent gain in June. Prices rose at a faster pace for energy, food, medical care commodities and transportation services. On a monthly basis, consumer prices edged up 0.1 percent, also missing consensus of 0.2 percent. Core consumer prices, which exclude the volatile food and energy components, rose by 1.7 percent in the 12 months through July and by 0.1 percent from the previous month. Inflation Rate in the United States averaged 3.28 percent from 1914 until 2017, 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 July Inflation Rate Below Expectations


US consumer prices increased by 1.7 percent year-on-year in July 2017, missing market expectations of 1.8 percent and following a 1.6 percent gain in June. Prices rose at a faster pace for energy, food, medical care commodities and transportation services.

Year-on-year, energy prices rose 3.4 percent, following a 2.3 percent gain in June. Also, prices rose at a faster pace for food (1.1 percent from 0.9 percent in June), medical care commodities (3.7 percent from 3.2 percent), and transportation services (3.2 percent from 3.1 percent). Meanwhile, inflation slowed for medical care services (2.3 percent from 2.5 percent in June) and shelter (3.2 percent from 3.3 percent). 

In contrast, prices fell for new vehicles (-0.6 percent after a flat reading in June), used cars and trucks (-4.1 percent from -4.3 percent) and apparel (-0.4 percent from -0.7 percent).

Core inflation rate which excludes prices of food and energy remained at a two-year low of 1.7 percent in July, the same as in June and in line with market expectations. 

On a monthly basis, consumer prices rose 0.1 percent, also missing market consensus of 0.2 percent. Cost rose for shelter (0.1 percent), medical care (0.3 percent), and food (0.2 percent), while energy prices continued to fall (-0.1 percent).

BLS | Joana Ferreira | joana.ferreira@tradingeconomics.com
8/11/2017 12:52:58 PM



Calendar GMT Actual Previous Consensus Forecast (i)
2017-06-14 12:30 PM May 1.9% 2.2% 2% 2.1%
2017-07-14 12:30 PM Jun 1.6% 1.9% 1.7% 1.8%
2017-08-11 12:30 PM Jul 1.7% 1.6% 1.8% 1.7%
2017-09-14 12:30 PM Aug 1.9%
2017-10-13 12:30 PM Sep 2%
2017-11-15 01:30 PM Oct 1.9%


United States Prices Last Previous Highest Lowest Unit
Inflation Rate 1.70 1.60 23.70 -15.80 percent [+]
Inflation Rate Mom 0.10 0.00 1.80 -1.80 percent [+]
Consumer Price Index CPI 244.05 243.79 244.46 23.51 Index Points [+]
Core Consumer Prices 251.91 251.63 251.91 28.50 Index Points [+]
Core Inflation Rate 1.70 1.70 13.60 0.00 percent [+]
GDP Deflator 113.03 112.75 113.03 13.49 Index Points [+]
Producer Prices 112.70 112.80 112.80 100.20 Index Points [+]
Producer Prices Change 1.90 2.00 19.57 -6.86 percent [+]
Export Prices 122.10 121.60 135.30 82.40 Index Points [+]
Import Prices 122.60 122.50 147.50 75.00 Index Points [+]
Food Inflation 1.10 0.90 36.70 -34.30 percent [+]
Pce Price Index 112.28 112.26 112.33 17.12 Index Points [+]
Inflation Expectations 2.54 2.54 3.40 2.42 percent [+]
CPI Housing Utilities 251.87 251.63 251.87 30.50 Index Points [+]
CPI Transportation 199.47 201.26 223.54 22.30 Index Points [+]
Core Pce Price Index 112.97 112.73 112.97 17.60 Index Points [+]


United States Inflation Rate Notes

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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.70 1.60 23.70 -15.80 1914 - 2017 percent Monthly
1982-1984=100, NSA



inflation rate by Country

Last
Australia 1.90 Jun/17
Brazil 2.71 Jul/17
Canada 1.20 Jul/17
China 1.40 Jul/17
Euro Area 1.30 Jul/17
France 0.70 Jul/17
Germany 1.70 Jul/17
India 2.36 Jul/17
Indonesia 3.88 Jul/17
Italy 1.10 Jul/17
Japan 0.40 Jun/17
Mexico 6.44 Jul/17
Netherlands 1.30 Jul/17
Russia 3.90 Jul/17
South Korea 2.20 Jul/17
Spain 1.50 Jul/17
Switzerland 0.30 Jul/17
Turkey 9.79 Jul/17
United Kingdom 2.60 Jul/17
United States 1.70 Jul/17