The annual inflation rate in the US accelerated to 9.1% in June of 2022, the highest since November of 1981, from 8.6% in May and above market forecasts of 8.8%. Energy prices rose 41.6%, the most since April 1980, boosted by gasoline (59.9%, the largest increase since March 1980), fuel oil (98.5%), electricity (13.7%, the largest increase since April 2006), and natural gas (38.4%, the largest increase since October 2005). Food costs surged 10.4%, the most since February 1981, with food at home jumping 12.2%, the most since April 1979. Prices also increased significantly for shelter (5.6%, the most since February 1991), household furnishings and operations (9.5%), new vehicles (11.4%), used cars and trucks (1.7%), and airline fares (34.1%). Core CPI which excludes food and energy increased 5.9%, slightly below 6% in May, but above forecasts of 5.7%. source: U.S. Bureau of Labor Statistics

Inflation Rate in the United States averaged 3.27 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 July of 2022.

Inflation Rate in the United States is expected to be 8.50 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
2022-06-10 12:30 PM May 8.6% 8.3% 8.3% 8.3%
2022-07-13 12:30 PM Jun 9.1% 8.6% 8.8% 8.8%
2022-08-10 12:30 PM Jul 9.1% 9.2%


Related Last Unit Reference
Inflation Rate 9.10 percent Jun 2022
Inflation Rate Mom 1.30 percent Jun 2022
Consumer Price Index CPI 296.31 points Jun 2022
Core Inflation Rate 5.90 percent Jun 2022
Core Consumer Prices 294.35 points Jun 2022
Producer Prices Change 11.30 percent Jun 2022
Export Prices 166.20 points Jun 2022
Import Prices 148.50 points Jun 2022
Food Inflation 10.40 percent Jun 2022
Services Inflation 6.22 Percent Jun 2022
Rent Inflation 5.61 Percent Jun 2022
Energy Inflation 41.62 Percent Jun 2022
CPI Trimmed-mean 6.93 percent Jun 2022
CPI Median 5.95 percent Jun 2022
Inflation Expectations 6.80 percent Jun 2022
Pce Price Index 122.05 points May 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
9.10 8.60 23.70 -15.80 1914 - 2022 percent Monthly
1982-1984=100, NSA

News Stream
US Inflation Rate Rises to 9.1%, Tops Forecasts
The annual inflation rate in the US accelerated to 9.1% in June of 2022, the highest since November of 1981, from 8.6% in May and above market forecasts of 8.8%. Energy prices rose 41.6%, the most since April 1980, boosted by gasoline (59.9%, the largest increase since March 1980), fuel oil (98.5%), electricity (13.7%, the largest increase since April 2006), and natural gas (38.4%, the largest increase since October 2005). Food costs surged 10.4%, the most since February 1981, with food at home jumping 12.2%, the most since April 1979. Prices also increased significantly for shelter (5.6%, the most since February 1991), household furnishings and operations (9.5%), new vehicles (11.4%), used cars and trucks (1.7%), and airline fares (34.1%). Core CPI which excludes food and energy increased 5.9%, slightly below 6% in May, but above forecasts of 5.7%.
2022-07-13
US Inflation Seen Rising to 8.8%, Core Rate to Slow
The annual inflation rate in the US likely accelerated to 8.8% in June of 2022 from 8.6% in May, which would be a fresh high since December of 1981, pushed once again by a surge in gasoline and food costs. The monthly rate is seen picking to 1.1% from 1%. Still, core inflation which excludes prices of food and energy, likely eased for a third month running to 5.7%, which would be the lowest reading in six months, as demand for airfares, furnishings, and electronics slowed. A deceleration in core inflation and a recent easing in global commodity prices including fuel may finally point out that inflation is peaking.
2022-07-13
US Inflation Rate Accelerates to 1981-Highs
Annual inflation rate in the US unexpectedly accelerated to 8.6% in May of 2022, the highest since December of 1981 and compared to market forecasts of 8.3%. Energy prices rose 34.6%, the most since September of 2005, due to gasoline (48.7%), fuel oil (106.7%, the largest increase on record), electricity (12%, the largest 12-month increase since August 2006), and natural gas (30.2%, the most since July 2008). Food costs surged 10.1%, the first increase of 10% or more since March 1981. Big increases were seen in prices of meats, poultry, fish, and eggs (14.2%). Other increases were also seen in cost of shelter (5.5%, the most since February 1991), household furnishings and operations (8.9%), used cars and trucks (16.1%) and airline fares (37.8%) while cost of new vehicles eased slightly (12.6% vs 13.2%). Meanwhile, core inflation rate slowed for a second month to 6%, compared to expectations of 5.9%.
2022-06-10