The US consumer price inflation rate climbed to 2.3 percent year-on-year in December 2019 from 2.1 percent in the previous month and in line with market consensus. That was the highest rate since October 2018, boosted by a sharp rebound in energy costs (3.4 percent vs -0.6 percent in November). Food inflation, however, eased to 1.8 percent from 2.0 percent. Additional price increases were recorded for medical care commodities, medical care services and shelter. The core inflation rate, which excludes volatile items such as food and energy, was unchanged at 2.3 percent, also in line with market forecasts. Inflation Rate in the United States averaged 3.25 percent from 1914 until 2019, 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. source: U.S. Bureau of Labor Statistics

Inflation Rate in the United States is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in the United States to stand at 2.00 in 12 months time. In the long-term, the United States Inflation Rate is projected to trend around 1.90 percent in 2020, 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
2.30 2.10 23.70 -15.80 1914 - 2019 percent Monthly
1982-1984=100, NSA



Calendar GMT Actual Previous Consensus TEForecast
2019-10-10 12:30 PM Sep 1.7% 1.7% 1.8% 1.9%
2019-11-13 01:30 PM Oct 1.8% 1.7% 1.7% 1.6%
2019-12-11 01:30 PM Nov 2.1% 1.8% 2% 1.9%
2020-01-14 01:30 PM Dec 2.3% 2.1% 2.3% 2.3%
2020-02-13 01:30 PM Jan 2.3% 2.4%


News Stream
2019-12-11
US Inflation Rate Climbs to 1-Year High
The US annual inflation rate rose to 2.1 percent in November 2019 from 1.8 percent in the previous month and above market consensus of 2.0 percent. That was the highest rate since November 2018, as food inflation was little-changed while energy prices dropped at a much slower pace. The core inflation rate, which excludes volatile items such as food and energy, was unchanged at 2.3 percent, in line with market forecasts.

2019-11-13
US Inflation Rate Above Forecasts
Annual inflation rate in the US increased to 1.8 percent in October of 2019 from 1.7 percent in September and higher than market expectations of 1.7 percent. The index for all items less food and energy rose 2.3 percent over the last 12 months. The food index rose 2.1 percent over the last 12 months, while the energy index declined 4.2 percent over the last year despite increasing in October. On a monthly basis, consumer prices went up 0.4 percent, above a flat reading in September and forecasts of 0.3 percent. The energy index increased 2.7 percent in October after recent monthly declines and accounted for more than half of the increase in the seasonally adjusted all items index.

2019-10-10
US Inflation Rate Holds Steady at 1.7%
The US annual inflation rate was unchanged at 1.7 percent in September 2019, slightly below market consensus of 1.8 percent, as a pick up in food inflation was offset by a further decline in energy prices.

2019-09-12
US Inflation Rate Falls Unexpectedly in August
The US annual inflation rate fell to 1.7 percent in August 2019 from 1.8 percent in the previous month and below market consensus of 1.8 percent, as food prices and a range of other goods continued to increase while energy deflation deepened sharply. The core inflation rate, which excludes volatile items such as food and energy, rose to 2.4 percent in August, the highest in a year and above market consensus of 2.3 percent. On a monthly basis, consumer prices advanced 0.1 percent in August, after a 0.3 percent gain in July and in line with market forecasts.

2019-08-13
US Inflation Rate Rises More Than Expected
The US annual inflation rate rose to 1.8 percent in July 2019 from a four-month low of 1.6 percent in the previous month and above market consensus of 1.7 percent, boosted by food prices and a range of other goods while energy deflation eased.

2019-07-11
US Inflation Rate Falls to 4-Month Low
The US annual inflation rate fell to 1.6 percent in June 2019 from 1.8 percent in the previous month, as food prices rose at a softer pace while energy cost continued to decline. The core inflation rate, which excludes volatile items such as food and energy, edged up to 2.1 percent, beating forecast of 2 percent. On a monthly basis, the core index increased 0.3 percent, the most since January 2018.


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).

United States Prices Last Previous Highest Lowest Unit
Inflation Rate 2.30 2.10 23.70 -15.80 percent [+]
Inflation Rate Mom 0.20 0.30 1.80 -1.80 percent [+]
Consumer Price Index CPI 258.50 257.94 258.50 23.51 points [+]
Core Consumer Prices 265.92 265.62 265.92 28.50 points [+]
Core Inflation Rate 2.30 2.30 13.60 0.00 percent [+]
GDP Deflator 112.66 112.19 112.66 12.85 points [+]
Producer Prices 118.80 118.70 118.80 100.20 points [+]
Producer Prices Change 1.30 1.10 19.57 -6.86 percent [+]
Export Prices 125.20 125.40 135.30 82.40 points [+]
Import Prices 125.00 124.60 147.50 75.00 points [+]
Food Inflation 1.80 2.00 36.70 -34.30 percent [+]
CPI Housing Utilities 268.24 267.93 268.24 30.50 points [+]
CPI Transportation 208.48 209.76 223.54 22.30 points [+]
Core Pce Price Index 112.40 112.24 112.40 16.73 points [+]
Core Producer Prices 118.10 118.00 118.20 99.90 points [+]
Pce Price Index 110.37 110.20 110.37 16.07 points [+]
Inflation Expectations 2.53 2.35 3.40 2.33 percent [+]