The annual inflation rate in the US eased to 5.3% in August from a 13-year high of 5.4% reported in June and July, matching market expectations. A slowdown was seen in cost of used cars and trucks (31.9% percent vs 41.7% in July) and transportation services (4.6% vs 6.4%) and inflation was steady for shelter (2.8%) and apparel (4.2%). On the other hand, faster price increases were seen for food (3.7% vs 3.4%), namely food at home (3% vs 2.6%) and food away from home (4.7% vs 4.6%); new vehicles (7.6% vs 6.4%); energy (25% vs 23.8%); and medical care services (1% vs 0.8%). The monthly rate eased to 0.3% from 0.5% in July, better than forecasts of 0.4%. Prices of airline fares, used cars and trucks, and motor vehicle insurance all declined over the month while increases were seen in cost of gasoline, household furnishings and operations, food, and shelter. source: U.S. Bureau of Labor Statistics

Inflation Rate in the United States averaged 3.24 percent from 1914 until 2021, 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 September of 2021.

Inflation Rate in the United States is expected to be 5.00 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 2.60 percent in 2022 and 1.90 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
United States Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.30 5.40 23.70 -15.80 1914 - 2021 percent Monthly
1982-1984=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-10 12:30 PM May 5% 4.2% 4.7% 4.7%
2021-07-13 12:30 PM Jun 5.4% 5% 4.9% 4.9%
2021-08-11 12:30 PM Jul 5.4% 5.4% 5.3% 5.4%
2021-09-14 12:30 PM Aug 5.3% 5.4% 5.3% 5.3%
2021-10-13 12:30 PM Sep 5.3% 5.2%
2021-11-10 01:30 PM Oct
2021-12-10 01:30 PM Nov


News Stream
US Inflation Rate Slows to 5.3% as Expected
The annual inflation rate in the US eased to 5.3% in August from a 13-year high of 5.4% reported in June and July, matching market expectations. A slowdown was seen in cost of used cars and trucks (31.9% percent vs 41.7% in July) and transportation services (4.6% vs 6.4%) and inflation was steady for shelter (2.8%) and apparel (4.2%). On the other hand, faster price increases were seen for food (3.7% vs 3.4%), namely food at home (3% vs 2.6%) and food away from home (4.7% vs 4.6%); new vehicles (7.6% vs 6.4%); energy (25% vs 23.8%); and medical care services (1% vs 0.8%). The monthly rate eased to 0.3% from 0.5% in July, better than forecasts of 0.4%. Prices of airline fares, used cars and trucks, and motor vehicle insurance all declined over the month while increases were seen in cost of gasoline, household furnishings and operations, food, and shelter.
2021-09-14
US Inflation is Seen Slowing Down
The annual inflation rate in the US likely eased to 5.3% in August from a 13-year high of 5.4% reported in June and July. The monthly rate is seen edging down to 0.4% from 0.5%. Meanwhile, the core inflation which excludes food and energy, is expected to remain stable at 0.3% compared to the previous month and drop slightly to 4.2% compared to the same month a year earlier. Inflation surged this year reflecting the low base effect caused by the coronavirus crisis, the re-opening of the economy, and continued supply constraints. Investors are keeping a close eye on the CPI release as it could provide more clarity on when the Federal Reserve will start cutting stimulus and a stronger-than-expected reading could force the Fed to start tapering early.
2021-09-14
US Inflation Rate Holds Steady at 13-Year High
The US consumer price inflation rate stood at 5.4 percent in July 2021, unchanged from the previous month's 13-year high and slightly above market expectations of 5.3 percent, reflecting the low base effect caused by the coronavirus crisis, the re-opening of the economy and continued supply constraints. Main upward pressure came from food (3.4 percent vs 2.4 percent), led by sharp increases in food at home (2.6 percent vs 0.9 percent) and food away from home (4.6 percent vs 4.2 percent); new vehicles (6.4 percent vs 5.3 percent); and shelter (2.8 percent vs 2.6 percent). Meanwhile, inflation moderated for energy (23.8 percent vs 24.5 percent); used cars and trucks (41.7 percent vs 45.2 percent); apparel (4.2 percent vs 4.9 percent); transportation services (6.4 percent vs 10.4 percent); and medical care services (0.8 percent vs 1.0 percent). On a monthly basis, consumer prices rose 0.5 percent in July, the least since February's 0.4 percent gain.
2021-08-11
US Inflation Rate Rises to 5.4%, New 13-Year High
Annual inflation rate in the US accelerated to 5.4% in June of 2021 from 5% in May, hitting a fresh high since August of 2008, and well above forecasts of 4.9%. Biggest price increases were recorded for used cars and trucks (45.2%), gasoline (45.1%), fuel oil (44.5), utility gas service (15.6%) and transportation services (10.4%). Shelter costs were up 2.6% and food 2.4%. Inflation has been on the rise this year amid low base effects from 2020 and as the economic recovery picks up, business restrictions ease and demand surges amid widespread vaccination and federal support. Meanwhile, high commodity prices, supply constraints and higher wages as companies grapple with a labour shortage continue to weigh on the CPI.
2021-07-13

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).