Consumer prices in the US went up 0.3% month-over-month in January of 2021, in line with forecasts and following a downwardly revised 0.2% rise in December driven by a 7.4% rise in gasoline cost. The indexes for electricity and natural gas declined, but the energy index rose 3.5%. The food prices rose slightly by 0.1% as an advance in the index for food away from home more than offset a decline in the index for food at home. 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 March of 2021.
Inflation Rate Mom in the United States is expected to be 0.10 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 0.60 in 12 months time. 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.