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The table displays historical inflation rates with annual figures from 1914 to the present. These inflation rates are calculated using the Consumer Price Index, which is published monthly by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor.
The U.S. inflation rate by year shows how much prices for goods and services rise year-over-year. The inflation rate typically reacts to phases of the business cycle, which is the...
The U.S. inflation rate by year reflects how much prices change year over year. Year-over-year inflation rates give a clearer picture of price changes than annual average inflation. The Federal Reserve uses monetary policy to achieve its target rate of 2% inflation.
Consumer prices up 2.9 percent from July 2023 to July 2024. Over the year ended July 2024, the Consumer Price Index for All Urban Consumers increased 2.9 percent. This was the first time since March 2021 that 12-month increase was below 3.0 percent, when prices rose 2.6 percent.
The graph above displays annual inflation rates in the US for calendar years from 1914 to 2023. To calculate cumulative rates between two different periods, you can use the United States Inflation Calculator.
Graph and download economic data for Inflation, consumer prices for the United States (FPCPITOTLZGUSA) from 1960 to 2023 about consumer, CPI, inflation, price index, indexes, price, and USA.
U.S. inflation rate for 2022 was 8.00%, a 3.3% increase from 2021. U.S. inflation rate for 2021 was 4.70% , a 3.46% increase from 2020. U.S. inflation rate for 2020 was 1.23% , a 0.58% decline from 2019.