43 datasets found
  1. U.S. projected annual inflation rate 2010-2029

    • statista.com
    Updated Aug 21, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2024). U.S. projected annual inflation rate 2010-2029 [Dataset]. https://www.statista.com/statistics/244983/projected-inflation-rate-in-the-united-states/
    Explore at:
    Dataset updated
    Aug 21, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The inflation rate in the United States is expected to decrease to 2.1 percent by 2029. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages. The base period was 1982-84. In economics, the inflation rate is a measurement of inflation, the rate of increase of a price index (in this case: consumer price index). It is the percentage rate of change in prices level over time. The rate of decrease in the purchasing power of money is approximately equal. According to the forecast, prices will increase by 2.9 percent in 2024. The annual inflation rate for previous years can be found here and the consumer price index for all urban consumers here. The monthly inflation rate for the United States can also be accessed here. Inflation in the U.S.Inflation is a term used to describe a general rise in the price of goods and services in an economy over a given period of time. Inflation in the United States is calculated using the consumer price index (CPI). The consumer price index is a measure of change in the price level of a preselected market basket of consumer goods and services purchased by households. This forecast of U.S. inflation was prepared by the International Monetary Fund. They project that inflation will stay higher than average throughout 2023, followed by a decrease to around roughly two percent annual rise in the general level of prices until 2028. Considering the annual inflation rate in the United States in 2021, a two percent inflation rate is a very moderate projection. The 2022 spike in inflation in the United States and worldwide is due to a variety of factors that have put constraints on various aspects of the economy. These factors include COVID-19 pandemic spending and supply-chain constraints, disruptions due to the war in Ukraine, and pandemic related changes in the labor force. Although the moderate inflation of prices between two and three percent is considered normal in a modern economy, countries’ central banks try to prevent severe inflation and deflation to keep the growth of prices to a minimum. Severe inflation is considered dangerous to a country’s economy because it can rapidly diminish the population’s purchasing power and thus damage the GDP .

  2. M

    U.S. Dollar Index - 43 Years of Historical Data

    • macrotrends.net
    csv
    Updated Mar 25, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    MACROTRENDS (2025). U.S. Dollar Index - 43 Years of Historical Data [Dataset]. https://www.macrotrends.net/1329/us-dollar-index-historical-chart
    Explore at:
    csvAvailable download formats
    Dataset updated
    Mar 25, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    World
    Description

    Long term historical dataset of the broad price-adjusted U.S. dollar index published by the Federal Reserve. The index is adjusted for the aggregated home inflation rates of all included currencies. The price adjustment is especially important with our Asian and South American trading partners due to their significant inflation episodes of the 80s and 90s.

  3. Monthly U.S. Dollar Index (DXY) development 1973-2025

    • statista.com
    • flwrdeptvarieties.store
    Updated Mar 4, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Monthly U.S. Dollar Index (DXY) development 1973-2025 [Dataset]. https://www.statista.com/statistics/1404145/us-dollar-index-historical-chart/
    Explore at:
    Dataset updated
    Mar 4, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 1973 - Mar 2025
    Area covered
    United States
    Description

    The US dollar index of February 2025 was higher than it was in 2024, although below the peak in late 2022. This reveals itself in a historical graphic on the past 50 years, measuring the relative strength of the U.S. dollar. This metric is different from other FX graphics that compare the U.S. dollar against other currencies. The history of the DXY Index The index shown here – often referred to with the code DXY, or USDX – measures the value of the U.S. dollar compared to a basket of six other foreign currencies. This basket includes the euro, the Swiss franc, the Japanese yen, the Canadian dollar, the British pound, and the Swedish króna. The index was created in 1973, after the arrival of the petrodollar and the dissolution of the Bretton Woods Agreement. Today, most of these currencies remain connected to the United States' largest trade partners. The relevance of the DXY Index The index focuses on trade and the strength of the U.S. dollar against specific currencies. It less on inflation or devaluation, which is measured in alternative metrics like the Big Mac Index. Indeed, as the methodology behind the DXY Index has only been updated once – when the euro arrived in 1999 – some argue this composition is not accurate to the current state of the world. The price development of the U.S. dollar affects many things, including commodity prices in general.

  4. M

    Dollar Yuan Exchange Rate - 44 Years of Historical Data

    • macrotrends.net
    csv
    Updated Mar 26, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Dollar Yuan Exchange Rate - 44 Years of Historical Data [Dataset]. https://www.macrotrends.net/2575/us-dollar-yuan-exchange-rate-historical-chart
    Explore at:
    csvAvailable download formats
    Dataset updated
    Mar 26, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    World
    Description

    Long term historical dataset of the daily U.S. Dollar - Chinese Yuan (USDCNY) exchange rate back to 1981.

  5. T

    Russian Ruble Data

    • tradingeconomics.com
    • no.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Mar 26, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS (2025). Russian Ruble Data [Dataset]. https://tradingeconomics.com/russia/currency
    Explore at:
    xml, json, csv, excelAvailable download formats
    Dataset updated
    Mar 26, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 5, 1996 - Mar 26, 2025
    Area covered
    Russia
    Description

    The USDRUB decreased 0.6990 or 0.83% to 83.9215 on Wednesday March 26 from 84.6205 in the previous trading session. Russian Ruble - values, historical data, forecasts and news - updated on March of 2025.

  6. M

    Gold Prices - 100 Years of Historical Data

    • macrotrends.net
    • new.macrotrends.net
    csv
    Updated Mar 26, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Gold Prices - 100 Years of Historical Data [Dataset]. https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart
    Explore at:
    csvAvailable download formats
    Dataset updated
    Mar 26, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    World
    Description

    Historical dataset of nominal and real (inflation-adjusted) gold prices per ounce back to 1915. The series is deflated using the headline Consumer Price Index (CPI) with the most recent month as the base. The current month is updated on an hourly basis with today's latest value.

  7. T

    Turkish Lira Data

    • tradingeconomics.com
    • hu.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Feb 15, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS (2025). Turkish Lira Data [Dataset]. https://tradingeconomics.com/turkey/currency
    Explore at:
    xml, json, csv, excelAvailable download formats
    Dataset updated
    Feb 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    May 28, 1992 - Mar 26, 2025
    Area covered
    Türkiye
    Description

    The USDTRY increased 0.0464 or 0.12% to 37.9927 on Wednesday March 26 from 37.9463 in the previous trading session. Turkish Lira - values, historical data, forecasts and news - updated on March of 2025.

  8. M

    Hong Kong Inflation Rate 1982-2025

    • macrotrends.net
    csv
    Updated Feb 28, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    MACROTRENDS (2025). Hong Kong Inflation Rate 1982-2025 [Dataset]. https://www.macrotrends.net/global-metrics/countries/HKG/hong-kong/inflation-rate-cpi
    Explore at:
    csvAvailable download formats
    Dataset updated
    Feb 28, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1982 - Mar 26, 2025
    Area covered
    Hong Kong
    Description

    Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

  9. T

    United States GDP

    • tradingeconomics.com
    • sv.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS, United States GDP [Dataset]. https://tradingeconomics.com/united-states/gdp
    Explore at:
    xml, excel, json, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2023
    Area covered
    United States
    Description

    The Gross Domestic Product (GDP) in the United States was worth 27720.71 billion US dollars in 2023, according to official data from the World Bank. The GDP value of the United States represents 26.29 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  10. T

    United States Money Supply M2

    • tradingeconomics.com
    • pl.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Mar 26, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    United States Money Supply M2 [Dataset]. https://tradingeconomics.com/united-states/money-supply-m2
    Explore at:
    json, xml, csv, excelAvailable download formats
    Dataset updated
    Mar 26, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1959 - Feb 28, 2025
    Area covered
    United States
    Description

    Money Supply M2 in the United States increased to 21447.60 USD Billion in November from 21311.20 USD Billion in October of 2024. This dataset provides - United States Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  11. T

    Canadian Dollar Data

    • tradingeconomics.com
    • fr.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Mar 27, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS (2025). Canadian Dollar Data [Dataset]. https://tradingeconomics.com/canada/currency
    Explore at:
    json, xml, excel, csvAvailable download formats
    Dataset updated
    Mar 27, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 4, 1971 - Mar 27, 2025
    Area covered
    Canada
    Description

    The USDCAD decreased 0.0004 or 0.03% to 1.4262 on Thursday March 27 from 1.4266 in the previous trading session. Canadian Dollar - values, historical data, forecasts and news - updated on March of 2025.

  12. M

    Silver Prices - 100 Years of Historical Data

    • macrotrends.net
    • new.macrotrends.net
    csv
    Updated Mar 26, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Silver Prices - 100 Years of Historical Data [Dataset]. https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart
    Explore at:
    csvAvailable download formats
    Dataset updated
    Mar 26, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    World
    Description

    Historical dataset of real (inflation-adjusted) silver prices per ounce back to 1915. The series is deflated using the headline Consumer Price Index (CPI) with the most recent month as the base. The current month is updated on an hourly basis with today's latest value.

  13. T

    United States Money Supply M0

    • tradingeconomics.com
    • hu.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS, United States Money Supply M0 [Dataset]. https://tradingeconomics.com/united-states/money-supply-m0
    Explore at:
    json, excel, xml, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1959 - Feb 28, 2025
    Area covered
    United States
    Description

    Money Supply M0 in the United States decreased to 5614000 USD Million in February from 5614200 USD Million in January of 2025. This dataset provides - United States Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  14. Ethereum ETH/USD price history up until Mar 12, 2025

    • statista.com
    Updated Jun 17, 2022
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2022). Ethereum ETH/USD price history up until Mar 12, 2025 [Dataset]. https://www.statista.com/statistics/806453/price-of-ethereum/
    Explore at:
    Dataset updated
    Jun 17, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jun 17, 2022 - Mar 12, 2025
    Area covered
    Worldwide
    Description

    Ethereum's price history suggests that that crypto was worth significantly less in 2022 than during late 2021, although nowhere near the lowest price recorded. Much like Bitcoin (BTC), the price of ETH went up in 2021 but for different reasons altogether: Ethereum, for instance, hit the news when a digital art piece was sold as the world's most expensive NFT for over 38,000 ETH - or 69.3 million U.S. dollars. Unlike Bitcoin - of which the price growth was fueled by the IPO of the U.S.' biggest crypto trader Coinbase - the rally on Ethereum came from technological developments that caused much excitement among traders. First, the so-called 'Berlin update' rolled out on the Ethereum network in April 2021, an update which would eventually lead to the Ethereum Merge in 2022 and reduced ETH gas prices - or reduced transaction fees. The collapse of FTX in late 2022, however, changed much for the cryptocurrency. As of March 12, 2025, Ethereum was worth 1,908.98 U.S. dollars - significantly less than the 4,400 U.S. dollars by the end of 2021.Ethereum's future and the DeFi industry Price developments on Ethereum are difficult to predict, but cannot be seen without the world of DeFi - or Decentralized Finance. This industry used technology to remove intermediaries between parties in a financial transaction. One example includes crypto wallets such as Coinbase Wallet that grew in popularity in recent years, with other examples including smart contractor Uniswap, Maker (responsible for stablecoin DAI), money lender Dharma and market protocol Compound. Ethereum's future developments are tied with this industry: Unlike Bitcoin and Ripple, Ethereum is technically not a currency but an open-source software platform for blockchain applications - with Ether being the cryptocurrency that is used inside the Ethereum network. Essentially, Ethereum facilitates DeFi - meaning that if DeFi does well, so does Ethereum.NFTs: the most well-known application of EthereumNFTs or non-fungible tokens grew nearly ten-fold between 2018 and 2020, as can be seen in the market cap of NFTs worldwide. These digital blockchain assets can essentially function as a unique code connected to a digital file, allowing to distinguish the original file from any potential copies. This application is especially prominent in crypto art, although there are other applications: gaming, sports and collectibles are other segments where NFT sales occur.

  15. F

    Consumer Price Index for All Urban Consumers: Purchasing Power of the...

    • fred.stlouisfed.org
    json
    Updated Mar 12, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    (2025). Consumer Price Index for All Urban Consumers: Purchasing Power of the Consumer Dollar in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/CUUR0000SA0R
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Mar 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Consumer Price Index for All Urban Consumers: Purchasing Power of the Consumer Dollar in U.S. City Average (CUUR0000SA0R) from Jan 1913 to Feb 2025 about urban, consumer, CPI, inflation, price index, indexes, price, and USA.

  16. T

    Indonesian Rupiah Data

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated May 28, 2012
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS (2012). Indonesian Rupiah Data [Dataset]. https://tradingeconomics.com/indonesia/currency
    Explore at:
    json, xml, csv, excelAvailable download formats
    Dataset updated
    May 28, 2012
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 10, 1994 - Mar 27, 2025
    Area covered
    Indonesia
    Description

    The USDIDR decreased 67.0000 or 0.40% to 16,555.0000 on Thursday March 27 from 16,622.0000 in the previous trading session. Indonesian Rupiah - values, historical data, forecasts and news - updated on March of 2025.

  17. M

    Gold Price - 10 Years of Historical Daily Data

    • macrotrends.net
    • new.macrotrends.net
    csv
    Updated Mar 25, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    MACROTRENDS (2025). Gold Price - 10 Years of Historical Daily Data [Dataset]. https://www.macrotrends.net/2627/gold-price-last-ten-years
    Explore at:
    csvAvailable download formats
    Dataset updated
    Mar 25, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    World
    Description

    Historical dataset of the price of gold in U.S. dollars over the last 10 years.

  18. T

    Mexican Peso Data

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +16more
    csv, excel, json, xml
    Updated Mar 27, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS (2025). Mexican Peso Data [Dataset]. https://tradingeconomics.com/mexico/currency
    Explore at:
    csv, excel, json, xmlAvailable download formats
    Dataset updated
    Mar 27, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Apr 17, 1972 - Mar 27, 2025
    Area covered
    Mexico
    Description

    The USDMXN increased 0.2404 or 1.20% to 20.3451 on Thursday March 27 from 20.1047 in the previous trading session. Mexican Peso - values, historical data, forecasts and news - updated on March of 2025.

  19. Amazon monthly share price on the Nasdaq stock exchange 2010-2025

    • statista.com
    Updated Mar 10, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Amazon monthly share price on the Nasdaq stock exchange 2010-2025 [Dataset]. https://www.statista.com/statistics/1331129/amazon-share-price-development-monthly/
    Explore at:
    Dataset updated
    Mar 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2010 - Feb 2025
    Area covered
    United States
    Description

    The price of Amazon shares traded on the Nasdaq stock exchange fluctuated significantly but increased for the most part during the period between 2010 and 2025, peaking at 237.68 U.S. dollar per share in January 2025. Expansion during the pandemic Due to the rise of online shopping worldwide during the Covid-19 pandemic, Amazon's share prices saw an increase as the company experienced dramatic growth. As a result, the company's net sales revenue increased by almost 400 billion U.S. dollars between 2019 to 2024, growing ever since. However, the surge in Amazon's operations significantly increased the company's fulfillment expenses and shipping costs after 2020. The shift towards offline shopping and cost increases after the pandemic resulted in significant layoffs in 2022. Amazon Web Services Amazon is not only the world's most valuable retailer but also the leader in the cloud computing industry through Amazon Web Services (AWS). AWS is a platform that offers storage, servers, and networking to individuals, businesses, and organizations. Amazon's success is driven by its excellence in diverse sectors, but AWS stands as the primary source of profit. The cloud service has consistently grown in profitability, generating nearly 40 billion U.S. dollars in profit in 2024.

  20. T

    Brazilian Real Data

    • tradingeconomics.com
    • it.tradingeconomics.com
    • +15more
    csv, excel, json, xml
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS, Brazilian Real Data [Dataset]. https://tradingeconomics.com/brazil/currency
    Explore at:
    json, csv, excel, xmlAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 21, 1992 - Mar 26, 2025
    Area covered
    Brazil
    Description

    The USDBRL increased 0.0293 or 0.51% to 5.7285 on Wednesday March 26 from 5.6992 in the previous trading session. Brazilian Real - values, historical data, forecasts and news - updated on March of 2025.

Share
FacebookFacebook
TwitterTwitter
Email
Click to copy link
Link copied
Close
Cite
Statista (2024). U.S. projected annual inflation rate 2010-2029 [Dataset]. https://www.statista.com/statistics/244983/projected-inflation-rate-in-the-united-states/
Organization logo

U.S. projected annual inflation rate 2010-2029

Explore at:
44 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Aug 21, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

The inflation rate in the United States is expected to decrease to 2.1 percent by 2029. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages. The base period was 1982-84. In economics, the inflation rate is a measurement of inflation, the rate of increase of a price index (in this case: consumer price index). It is the percentage rate of change in prices level over time. The rate of decrease in the purchasing power of money is approximately equal. According to the forecast, prices will increase by 2.9 percent in 2024. The annual inflation rate for previous years can be found here and the consumer price index for all urban consumers here. The monthly inflation rate for the United States can also be accessed here. Inflation in the U.S.Inflation is a term used to describe a general rise in the price of goods and services in an economy over a given period of time. Inflation in the United States is calculated using the consumer price index (CPI). The consumer price index is a measure of change in the price level of a preselected market basket of consumer goods and services purchased by households. This forecast of U.S. inflation was prepared by the International Monetary Fund. They project that inflation will stay higher than average throughout 2023, followed by a decrease to around roughly two percent annual rise in the general level of prices until 2028. Considering the annual inflation rate in the United States in 2021, a two percent inflation rate is a very moderate projection. The 2022 spike in inflation in the United States and worldwide is due to a variety of factors that have put constraints on various aspects of the economy. These factors include COVID-19 pandemic spending and supply-chain constraints, disruptions due to the war in Ukraine, and pandemic related changes in the labor force. Although the moderate inflation of prices between two and three percent is considered normal in a modern economy, countries’ central banks try to prevent severe inflation and deflation to keep the growth of prices to a minimum. Severe inflation is considered dangerous to a country’s economy because it can rapidly diminish the population’s purchasing power and thus damage the GDP .

Search
Clear search
Close search
Google apps
Main menu