The Consumer Price Index in the United States increased 0.80 percent month-over-month in April of 2021, the biggest rise since June of 2009, well above forecasts of 0.2 percent. The index for used cars and trucks rose 10 percent, the largest 1-month increase since the series began in 1953, accounting for over a third of the all items increase. The food index increased 0.4 percent as the indexes for food at home and food away from home both increased. The energy index however edged down 0.1 percent as a decline in gasoline (-1.4 percent) more than offset increases for electricity (1.2 percent) and natural gas (2.4 percent). source: U.S. Bureau of Labor Statistics
Inflation Rate Mom in the United States averaged 0.28 percent from 1950 until 2021, reaching an all time high of 1.80 percent in February of 1951 and a record low of -1.80 percent in November of 2008. This page provides - United States Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Inflation Rate Mom in the United States is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in the United States to stand at 0.60 in 12 months time. In the long-term, the United States Inflation Rate MoM is projected to trend around 0.70 percent in 2022, according to our econometric models.