Consumer prices in the United States rose 0.1% in August from July, following a flat reading in the previous month and compared to forecasts of a 0.1% drop. Increases in the shelter (0.7%), food (0.8%), and medical care indexes (0.8%) were the largest of many contributors, mostly offset by a 10.6% decline in gasoline cost. source: U.S. Bureau of Labor Statistics
Inflation Rate MoM in the United States averaged 0.29 percent from 1950 until 2022, 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 September of 2022.
Inflation Rate MoM in the United States is expected to be 0.10 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 MoM is projected to trend around 0.30 percent in 2023, according to our econometric models.