Monthly inflation rate in the US eased to 0.3% in August of 2021 from 0.5% in July, the lowest in seven months and better than forecasts of 0.4%. Prices of airline fares (-9.1%), used cars and trucks (-1.5%), and motor vehicle insurance (-2.8%) all declined over the month while increases were seen in cost of gasoline (2.8%), household furnishings and operations (1.3%), food (0.4%), and shelter (0.2%). Excluding food and energy, prices edged up 0.1%, the smallest gain since February. 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 September of 2021.
Inflation Rate Mom in the United States is expected to be 0.30 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 0.70 percent in 2022, according to our econometric models.