US consumer prices increased 0.2 percent from a month earlier in December 2019, after a 0.3 percent gain in November, slightly below market forecasts of 0.3 percent. Prices were mostly higher for gasoline, shelter, and medical care. Inflation Rate Mom in the United States averaged 0.28 percent from 1950 until 2019, 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.
Inflation Rate Mom in the United States is expected to be -0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in the United States to stand at 0.10 in 12 months time. In the long-term, the United States Inflation Rate MoM is projected to trend around 0.10 percent in 2020, according to our econometric models.