Consumer Price Index CPI in the United States increased to 276.72 points in October from 274.14 points in September of 2021. The annual inflation rate in the US surged to 6.2% in October, the highest since November of 1990 and above forecasts of 5.8%, as supply chain issues such as port congestion, input and labour shortages, rising energy costs and wage increases continue to weigh. The core inflation rate accelerated to 4.6%, the highest since August of 1991. source: U.S. Bureau of Labor Statistics
Consumer Price Index CPI in the United States averaged 117.64 points from 1950 until 2021, reaching an all time high of 276.72 points in October of 2021 and a record low of 23.51 points in January of 1950. This page provides the latest reported value for - United States Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Consumer Price Index (CPI) - values, historical data and charts - was last updated on December of 2021.
Consumer Price Index CPI in the United States is expected to be 278.04 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Consumer Price Index (CPI) is projected to trend around 284.43 points in 2022 and 289.84 points in 2023, according to our econometric models.