United States Inflation Rate

The inflation rate in the United States was recorded at 1.50 percent in March of 2014. Inflation Rate in the United States is reported by the U.S. Bureau of Labor Statistics. Inflation Rate in the United States averaged 3.33 Percent from 1914 until 2014, 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. In the United States, the most important categories in the unadjusted Consumer Price Index for All Urban Consumers are Shelter (31 percent of the total index) and Commodities other than food and energy (20 percent). Food accounts for 14 percent of total index and Energy for 10 percent. Transportation services constitute around 6 percent of the measure and Medical care services 5.5 percent. This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1.50 1.10 23.70 -15.80 1.80 | 2014/06 1914 - 2014 Percent Monthly
1982-1984=100, NSA

TO

United States Inflation Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-16 01:30 PM United States
Inflation Rate YoY
Dec 2013 1.5% 1.2% 1.5% 2%
2014-02-20 01:30 PM United States
Inflation Rate YoY
Jan 2014 1.6% 1.5% 1.6% 1.7%
2014-03-18 12:30 PM United States
Inflation Rate YoY
Feb 2014 1.1% 1.6% 1.2% 1.6%
2014-04-15 01:30 PM United States
Inflation Rate YoY
Mar 2014 1.5% 1.1% 1.5% 1.3%
2014-05-15 01:30 PM United States
Inflation Rate YoY
Apr 2014 1.5% 1.3%
2014-06-17 01:30 PM United States
Inflation Rate YoY
May 2014 1.6%
[+]

Prices Last Previous Highest Lowest Forecast Unit
Inflation Rate 1.50 2014-03-31 1.10 23.70 -15.80 1.80 2014-06-30 Percent [+]
Consumer Price Index (CPI) 235.64 2014-03-15 235.17 235.64 23.51 236.82 2014-06-30 Index Points [+]
Core Consumer Prices 236.60 2014-03-15 236.12 236.60 28.50 237.60 2014-06-30 Index Points [+]
Export Prices 134.70 2014-03-15 133.60 135.30 82.40 136.18 2014-06-30 Index Points [+]
Gdp Deflator 107.20 2013-11-15 106.78 107.20 13.50 108.06 2014-06-30 Index Points [+]
Import Prices 140.40 2014-03-15 139.60 147.50 75.00 142.04 2014-06-30 Index Points [+]
Inflation Rate Mom 0.20 2014-03-15 0.10 1.81 -1.77 0.35 2014-06-30 Percent [+]
Producer Prices 110.30 2014-03-15 109.80 110.30 100.20 110.65 2014-06-30 Index Points [+]
Producer Prices Change 1.40 2014-03-15 0.90 19.57 -6.86 0.86 2014-06-30 Percent [+]
Core Inflation Rate 1.66 2014-03-15 1.57 13.59 0.00 1.90 2014-06-30 Percent [+]
[+]


US Inflation Rate Up to 1.5% in March

US annual consumer prices accelerated to 1.5 percent in March, boosted by higher shelter and food cost. On a monthly basis, the inflation rate edged up to 0.2 percent, following a 0.1 percent increase in February.

Increases in the shelter and food indexes accounted for most of the seasonally adjusted all items increase. The food index increased 0.4 percent in March, with several major grocery store food groups increasing notably. The energy index, in contrast, declined slightly in March as decreases in the gasoline and fuel oil indexes more than offset increases in the indexes for electricity and natural gas.

The index for all items less food and energy also rose 0.2 percent in March. Besides the 0.3 percent increase in the shelter index, the indexes for medical care, for apparel, for used cars and trucks, and for airline fares also increased. The indexes for household furnishings and operations and for recreation both declined in March.   

The index for all items less food and energy has increased 1.7 percent over the last 12 months, as has the food index. The energy index has risen slightly over the span, advancing 0.4 percent. 

U.S. Bureau Labor Statistics | Joana Taborda | joana.taborda@tradingeconomics.com
4/15/2014 2:02:15 PM

RECENT RELEASES

US Inflation Rate Slows to 4-Month Low
US consumer inflation slowed to an annual 1.1 percent in February of 2014 from 1.6 percent in the previous month. On a monthly basis, prices rose 0.1 percent, unchanged from January's rate, as a drop in gasoline prices offset an increase in the cost of food. Published on 2014-03-18

US Annual Inflation Rate Up 1.6% in January
Over the last 12 months, the all items consumer price index rose by 1.6 percent before seasonal adjustment, the most since July. Increases in the cost of household energy, medical care and shelter accounted for most of the growth. Published on 2014-02-20


Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


RELATED NEWS

US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
US Industrial Production Slows in March  
Industrial production increased 0.7 percent in March after having advanced 1.2 percent in February. Yet, manufacturing output rose for the second straight month.
US Housing Starts Rise Below Forecasts  
Privately-owned housing starts in March were at a seasonally adjusted annual rate of 946,000. This is 2.8 percent above the revised February estimate of 920,000, but down 5.9 percent year-on-year.
US Inflation Rate Up to 1.5% in March  
US annual consumer prices accelerated to 1.5 percent in March, boosted by higher shelter and food cost. On a monthly basis, the inflation rate edged up to 0.2 percent, following a 0.1 percent increase in February.
US Retail Sales Beat Expectations in March  
Retail sales increased 1.1 percent over the previous month in March of 2014, up from a revised 0.7 percent rise in February. It is the biggest growth rate in 1-1/2 years.
US Consumer Sentiment Up to 9-Month High  
The Thomson Reuters/University of Michigan's consumer sentiment index increased to a preliminary reading of 82.6 in April of 2014, up from March’s final 80.0. It is the highest level since July of 2013, as current conditions and expectations surged.
US Jobless Claims Down to Nearly 7-Year Low  
In the week ending April 5, the advance figure for seasonally adjusted initial claims was 300,000, a decrease of 32,000 from the previous week's revised level. The last time initial claims were this low was May 12, 2007 when they were 297,000. There were no special factors impacting this week's initial claims.
US Unemployment Rate Steady at 6.7%  
In March of 2014, the number of unemployed persons was essentially unchanged at 10.5 million, and the unemployment rate held at 6.7 percent. Over the year, the number of unemployed persons and the jobless rate were down by 1.2 million and 0.8 percentage point, respectively.
MORE RELATED NEWS

LATEST NEWS

South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     FEDERAL RESERVE    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News






Markets

GDP

Labour

Prices

Money

Trade

Government

Business

Consumer

Taxes

Housing