The Consumer Price Index in the United States increased 0.90 percent in June of 2021 over the previous month, well above market forecasts of 0.5 percent. This was the largest monthly rate since June 2008. The index for used cars and trucks continued to rise sharply, increasing 10.5 percent and accounting for more than one-third of the CPI increase. The index for all items less food and energy rose 0.9 percent in June after increasing 0.7 percent in May. Many of the same indexes continued to increase, including used cars and trucks, new vehicles, airline fares, and apparel. 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 July of 2021.
Inflation Rate Mom in the United States is expected to be 0.30 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 0.30 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.