United States Inflation Rate  1914-2018 | Data | Chart | Calendar

Annual inflation rate in the US fell to 2.7 percent in August of 2018 from 2.9 percent in July and below market expectations of 2.8 percent. It is the lowest reading in four months amid a slowdown in cost of fuel, gasoline and shelter. Inflation Rate in the United States averaged 3.27 percent from 1914 until 2018, 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.

United States Inflation Rate
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US Inflation Rate Slows to 2.7%


Annual inflation rate in the US fell to 2.7 percent in August of 2018 from 2.9 percent in July and below market expectations of 2.8 percent. It is the lowest reading in four months amid a slowdown in cost of fuel, gasoline and shelter.

Year-on-year, prices rose less for fuel oil (30.9 percent compared to 34.7 percent in July); gasoline (20.3 percent compared to 25.4 percent); shelter (3.4 percent compared to 3.5 percent); transportation services (3.9 percent compared to 4 percent); and medical care services (1.9 percent compared to 2.3 percent). Also, prices fell for apparel (-1.4 percent compared to 0.3 percent) and electricity (-0.5 percent compared to -0.8 percent). On the other hand, inflation went up for used cars and trucks (1.3 percent compared to 0.8 percent) and new vehicles (0.3 percent compared to 0.2 percent) while food inflation was flat at 1.4 percent. Prices rebounded for utility piped gas service (0.1 percent compared to -1.3 percent).

Excluding food and energy, core inflation slowed to 2.2 percent from 2.4 percent.

On a monthly basis, consumer prices went up 0.2 percent, the same as in July and matching market expectations. Increases in the indexes for shelter and energy were the main contributors to the seasonally adjusted monthly increase. The energy index increased 1.9 percent in August; a 3.0 percent rise in the gasoline index was the largest factor, but the other energy component indexes also rose. The shelter index increased 0.3 percent in August, the same gain as in July. The food index rose only slightly in August, with the index for food at home unchanged. 

Excluding food and energy, consumer prices rose 0.1 percent in August, lower than 0.2 percent in July and market expectations of 0.2 percent. It is the smallest monthly core inflation since April. Along with the shelter index, the indexes for airline fares and used cars and trucks were among those that increased in August. An array of indexes declined, including apparel, medical care, communication,recreation, and personal care. 



BLS | Joana Taborda | joana.taborda@tradingeconomics.com
9/13/2018 12:59:17 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-07-12 12:30 PM Inflation Rate YoY 2.9% 2.8% 2.9% 2.9%
2018-08-10 12:30 PM Inflation Rate YoY 2.9% 2.9% 3% 2.9%
2018-09-13 12:30 PM Inflation Rate YoY 2.7% 2.9% 2.8% 2.8%
2018-10-11 12:30 PM Inflation Rate YoY 3%
2018-11-14 01:30 PM Inflation Rate YoY 2.9%
2018-12-12 01:30 PM Inflation Rate YoY 2.9%


United States Prices Last Previous Highest Lowest Unit
Inflation Rate 2.70 2.90 23.70 -15.80 percent [+]
Inflation Rate Mom 0.20 0.20 1.80 -1.80 percent [+]
Consumer Price Index CPI 251.85 251.29 251.85 23.51 Index Points [+]
Core Consumer Prices 258.14 257.93 258.14 28.50 Index Points [+]
Core Inflation Rate 2.20 2.40 13.60 0.00 percent [+]
GDP Deflator 110.25 109.37 110.25 12.85 Index Points [+]
Producer Prices 116.30 116.40 116.40 100.20 Index Points [+]
Producer Prices Change 2.80 3.30 19.57 -6.86 percent [+]
Export Prices 127.30 127.40 135.30 82.40 Index Points [+]
Import Prices 127.40 128.20 147.50 75.00 Index Points [+]
Food Inflation 1.40 1.40 36.70 -34.30 percent [+]
CPI Housing Utilities 259.88 259.27 259.88 30.50 Index Points [+]
CPI Transportation 213.48 214.04 223.54 22.30 Index Points [+]
Core Pce Price Index 110.12 109.95 110.12 16.73 Index Points [+]
Core Producer Prices 115.30 115.40 115.40 99.90 Index Points [+]
Pce Price Index 108.31 108.18 108.31 16.07 Index Points [+]
Inflation Expectations 3.00 2.98 3.40 2.42 percent [+]


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). This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Inflation Rate - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.90 23.70 -15.80 1914 - 2018 percent Monthly
1982-1984=100, NSA




inflation rate by Country
Country Last
Argentina 34.40 Aug/18
Australia 2.10 Jun/18
Brazil 4.19 Aug/18
Canada 3.00 Jul/18
China 2.30 Aug/18
Euro Area 2.00 Aug/18
France 2.30 Aug/18
Germany 2.00 Aug/18
India 3.69 Aug/18
Indonesia 3.20 Aug/18
Italy 1.60 Aug/18
Japan 0.90 Jul/18
Mexico 4.90 Aug/18
Netherlands 2.30 Aug/18
Russia 3.10 Aug/18
Saudi Arabia 2.20 Jul/18
Singapore 0.60 Jul/18
South Africa 5.10 Jul/18
South Korea 1.40 Aug/18
Spain 2.20 Aug/18
Switzerland 1.20 Aug/18
Turkey 17.90 Aug/18
United Kingdom 2.50 Jul/18
United States 2.70 Aug/18


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