United States Inflation Rate 1914-2015 | Data | Chart | Calendar

The inflation rate in the United States was recorded at 0.80 percent in December of 2014. Inflation Rate in the United States averaged 3.32 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. Inflation Rate in the United States is reported by the U.S. Bureau of Labor Statistics.

      Forecast    
United States Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.80 1.30 23.70 -15.80 1914 - 2014 percent Monthly
1982-1984=100, NSA
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). This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - United States Inflation Rate - was last refreshed on Sunday, February 1, 2015.


US Inflation Rate At 5-Year Low


US annual inflation rate slowed to 0.8 percent in December from 1.3 percent in the previous month. It is the lowest figure since October of 2009 as cost of energy plunged. On a monthly basis, consumer prices dropped 0.4 percent, the biggest decline in six years.

Over the last twelve months, the cost of energy has declined 10.6 percent. The core inflation rate (less food and energy) edged down to 1.6 percent from 1.7 percent in the previous month. In contrast, the food inflation continued its upward trend rising 3.4 percent, its largest 12-month increase since February 2012.

On a monthly basis, the consumer price index declined 0.4 percent, following a 0.3 percent drop in November. The gasoline index continued to fall sharply, declining 9.4 percent and leading to the decrease in the seasonally adjusted all items index. The fuel oil index also fell sharply, and the energy index posted its largest one-month decline since December 2008, although the indexes for natural gas and for electricity both increased. The food index, in contrast, rose 0.3 percent, its largest increase since September.  

The index for all items less food and energy was unchanged in December, following a 0.2 percent increase in October and a 0.1 percent rise in November. This was only the second time since 2010 that it did not increase. The shelter index continued to rise, and the index for medical care posted its largest increase since August 2013. However, these increases were offset by declines in a broad array of indexes including apparel, airline fares, used cars and trucks, household furnishings and operations, and new vehicles. 

The CPI rose 0.8 percent in 2014 after a 1.5 percent increase in 2013. This is the second-smallest December-December increase in the last 50 years, trailing only the 0.1 percent increase in 2008. It is considerably lower than the 2.1 percent average annual increase over the last ten years. 


BLS | Joana Taborda | joana.taborda@tradingeconomics.com
1/16/2015 2:12:24 PM


Recent Releases

US Inflation Rate Slows to 1.3%
US annual inflation rate eased to 1.3 percent in November from 1.7 percent in the previous three months due to a fall in energy cost. On a monthly basis, consumer prices decreased 0.3 percent, the biggest decline in six years. Published on 2014-12-17

US Inflation Rate Stable at 1.7%
US annual inflation rate was recorded at 1.7 percent for the third consecutive month in October, as fall in energy prices was enough to offset higher food and shelter cost. Prices remained unchanged compared with the previous month. Published on 2014-11-20


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-11-20 01:30 PM
Inflation Rate YoY  Oct
1.7% 1.7% 1.6% 1.7%
2014-12-17 01:30 PM
Inflation Rate YoY  Nov
1.3% 1.7% 1.4% 1.87%
2015-01-16 01:30 PM
Inflation Rate YoY  Dec
0.8% 1.3% 0.7% 0.6%
2015-02-26 01:30 PM
Inflation Rate YoY  Jan
0.8% 0.77%
2015-03-24 12:30 PM
Inflation Rate YoY  Feb
0.93%
2015-04-17 01:30 PM
Inflation Rate YoY  Mar
1.13%


United States Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 1.30 23.70 -15.80 percent [+]
Inflation Rate Mom -0.40 -0.30 1.81 -1.77 percent [+]
Consumer Price Index CPI 236.14 237.03 237.90 23.51 Index Points [+]
Core Inflation Rate 1.60 1.70 13.60 0.00 percent [+]
Core Consumer Prices 239.33 239.33 239.33 28.50 Index Points [+]
GDP Deflator 108.57 108.60 108.60 13.49 Index Points [+]
Producer Prices 110.90 111.20 111.40 100.20 Index Points [+]
Producer Prices Change 1.10 1.40 19.57 -6.86 percent [+]
Export Prices 128.10 129.60 135.30 82.40 Index Points [+]
Import Prices 130.20 133.60 147.50 75.00 Index Points [+]
Food Inflation 3.40 3.20 36.70 -34.30 percent [+]
Core Pce Price Index 108.12 108.11 108.12 17.59 Index Points [+]
Pce Price Index 109.01 109.20 109.20 17.12 Index Points [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.70 Nov/14 2.30 23.90 -1.30 percent [+]
Brazil 6.41 Dec/14 6.56 6821.31 1.65 percent [+]
Canada 1.50 Dec/14 2.00 21.60 -17.80 percent [+]
China 1.50 Dec/14 1.40 28.40 -2.20 percent [+]
Euro Area -0.60 Jan/15 -0.20 5.00 -0.70 percent [+]
France 0.10 Dec/14 0.30 18.80 -0.70 percent [+]
Germany -0.30 Jan/15 0.20 11.54 -7.62 percent [+]
India 5.00 Dec/14 4.38 11.16 4.38 percent [+]
Indonesia 8.36 Dec/14 6.23 82.40 -1.17 percent [+]
Italy 0.00 Dec/14 0.19 25.64 -2.44 percent [+]
Japan 2.40 Dec/14 2.40 25.00 -2.52 percent [+]
Mexico 4.08 Dec/14 4.17 179.73 2.91 percent [+]
Netherlands 0.70 Dec/14 1.00 11.19 -1.30 percent [+]
Russia 11.40 Dec/14 9.10 2333.30 3.60 percent [+]
South Korea 0.80 Dec/14 1.00 32.50 0.20 percent [+]
Spain -1.40 Jan/15 -1.00 28.43 -1.40 percent [+]
Switzerland -0.30 Dec/14 -0.10 11.92 -1.37 percent [+]
Turkey 8.17 Dec/14 9.15 138.71 -4.01 percent [+]
United Kingdom 0.50 Dec/14 1.00 8.50 0.50 percent [+]
United States 0.80 Dec/14 1.30 23.70 -15.80 percent [+]