The CPI for all items less food and energy in the US surged 4.6 percent from a year earlier in October 2021, quickening from a 4 percent rise in September and above market estimates of a 4.3 percent jump. It was the largest annual increase in core consumer prices since August 1991. source: U.S. Bureau of Labor Statistics
Core Inflation Rate in the United States averaged 3.57 percent from 1957 until 2021, reaching an all time high of 13.60 percent in June of 1980 and a record low of 0 percent in May of 1957. This page provides - United States Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
Core Inflation Rate in the United States is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Core Inflation Rate is projected to trend around 1.70 percent in 2022, according to our econometric models.