Annual inflation rate in the US accelerated to 6.8% in November of 2021, the highest since June of 1982, and in line with forecasts. It marks the 9th consecutive month the inflation stays above the Fed's 2% target as global commodities rally, rising demand, wage pressures, supply chain disruptions and a low base effect from last year continue to push prices up. Upward pressure was broad-based, with energy costs recording the biggest gain (33.3% vs 30% in October), namely gasoline (58.1% vs 49.6%). Inflation also increased for shelter (3.8% vs 3.5%); food (6.1% vs 5.3%, the highest since October of 2008), namely food at home (6.4% vs 5.4%); new vehicles (11.1% vs 9.8%); used cars and trucks (31.4% percent vs 26.4%); apparel (5% vs 4.3%); and medical care services (2.1% vs 1.7%). On the other hand, the inflation slowed for transportation services (3.9% vs 4.5%). Excluding food and energy, inflation went up to 4.9% from 4.6%, the highest since June of 1991. source: U.S. Bureau of Labor Statistics

Inflation Rate in the United States averaged 3.24 percent from 1914 until 2021, 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. This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Inflation Rate in the United States is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Inflation Rate is projected to trend around 2.30 percent in 2022 and 1.90 percent in 2023, according to our econometric models.

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United States Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-11-10 01:30 PM Oct 6.2% 5.4% 5.8% 5.7%
2021-12-10 01:30 PM Nov 6.8% 6.2% 6.8% 6.9%
2022-01-12 01:30 PM Dec 6.8% 6.9%


Related Last Previous Unit Reference
Inflation Rate 6.80 6.20 percent Nov/21
Inflation Rate Mom 0.80 0.90 percent Nov/21
Consumer Price Index CPI 278.88 276.72 points Nov/21
Core Inflation Rate 4.90 4.60 percent Nov/21
Core Consumer Prices 283.20 281.70 points Nov/21
Producer Prices Change 9.60 8.60 percent Nov/21
Export Prices 146.60 145.10 points Nov/21
Import Prices 137.80 136.90 points Nov/21
Food Inflation 6.10 5.30 percent Nov/21
Pce Price Index 118.20 117.49 points Nov/21
Inflation Expectations 6.00 5.70 percent Nov/21
CPI Trimmed-mean 4.60 4.10 percent Nov/21
CPI Median 3.50 3.10 percent Nov/21

News Stream
US Inflation Rate Highest since 1982
Annual inflation rate in the US accelerated to 6.8% in November of 2021, the highest since June of 1982, and in line with forecasts. It marks the 9th consecutive month the inflation stays above the Fed's 2% target as global commodities rally, rising demand, wage pressures, supply chain disruptions and a low base effect from last year continue to push prices up. Upward pressure was broad-based, with energy costs recording the biggest gain (33.3% vs 30% in October), namely gasoline (58.1% vs 49.6%). Inflation also increased for shelter (3.8% vs 3.5%); food (6.1% vs 5.3%, the highest since October of 2008), namely food at home (6.4% vs 5.4%); new vehicles (11.1% vs 9.8%); used cars and trucks (31.4% percent vs 26.4%); apparel (5% vs 4.3%); and medical care services (2.1% vs 1.7%). On the other hand, the inflation slowed for transportation services (3.9% vs 4.5%). Excluding food and energy, inflation went up to 4.9% from 4.6%, the highest since June of 1991.
2021-12-10
US Inflation Rate to Reach 6.8%, Highest since 1982
The annual inflation rate in the US likely accelerated to 6.8% in November of 2021, the highest since June of 1982, from 6.2% in October. It would be the 8th consecutive month the inflation stays above the Fed's 2% target as global commodities rally, rising demand, wage pressures, supply chain disruptions and a low base effect from last year continue to push prices up. Fed Chair Powell recently noted that inflation may not recede in the second half of next year and the central bank is expected to double the pace of taper next week. The Biden administration is also tacking measures to tame inflation, including setting a supply-chain task force to ease logjams and a release from petroleum reserves. Excluding volatile food and energy components, the inflation is expected to have accelerated to 4.9% from 4.6%, the highest since June of 1991.
2021-12-10
US Inflation Rate Rises to 6.2%, More than Expected
The annual inflation rate in the US surged to 6.2% in October of 2021, the highest since November of 1990 and above forecasts of 5.8%. Upward pressure was broad-based, with energy costs recording the biggest gain (30% vs 24.8% in September), namely gasoline (49.6%). Inflation also increased for shelter (3.5% vs 3.2%); food (5.3% vs 4.6%, the highest since January of 2009), namely food at home (5.4% vs 4.5%); new vehicles (9.8% vs 8.7%); used cars and trucks (26.4% percent vs 24.4%); transportation services (4.5% vs 4.4%); apparel (4.3% vs 3.4%); and medical care services (1.7% vs 0.9%). The monthly rate increased to 0.9% from 0.4% in September, also higher than forecasts of 0.6%, boosted by higher cost of energy, shelter, food, used cars and trucks, and new vehicles.
2021-11-10

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).