Monthly inflation rate in the US slowed for a second consecutive month to 0.5% in December of 2021 from 0.8% November, but slightly higher than market forecasts of 0.4%. Increases in the indexes for shelter (0.4% vs 0.5% in November) and for used cars and trucks (3.5% vs 2.5%) were the largest contributors, followed by food (0.5% vs 0.7%) although it increased less than in recent months. The energy index declined in 0.4% December, ending a long series of increases, mainly due to gasoline (-0.5%) and natural gas (-1.2%). source: U.S. Bureau of Labor Statistics
Inflation Rate Mom in the United States averaged 0.29 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 January of 2022.
Inflation Rate Mom in the United States is expected to be 0.70 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 2023, according to our econometric models.