The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in June on a seasonally adjusted basis, the same increase as in May. Over the last 12 months, the all items index increased 1.6 percent before seasonal adjustment. Consumer Price Index CPI in the United States averaged 112.79 Index Points from 1950 until 2019, reaching an all time high of 255.31 Index Points in June of 2019 and a record low of 23.51 Index Points in January of 1950.
Consumer Price Index CPI in the United States is expected to be 256.29 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Price Index CPI in the United States to stand at 258.72 in 12 months time. In the long-term, the United States Consumer Price Index (CPI) is projected to trend around 267.67 Index Points in 2020, according to our econometric models.