Monthly inflation rate is US fell to 0.1 percent in January from 0.2 percent reported a month earlier and lower than forecasts of 0.2 percent. Shelter accounted for the largest increase, with cost of food and medical care services also rising. These increases more than offset a decrease in the gasoline index, which fell 1.6 percent. Energy cost declined 0.7 percent. Food prices rose 0.2 percent with both food at home and food away from home increasing. United States Inflation Rate MoM - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Inflation Rate Mom in the United States averaged 0.28 percent from 1950 until 2020, 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.
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 0.10 in 12 months time. In the long-term, the United States Inflation Rate MoM is projected to trend around 0.10 percent in 2021, according to our econometric models.