U.S. inflation rate for 2023 was 4.13%, a 3.88% decline from 2022.

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<li>U.S. inflation rate for 2022 was <strong>8.00%</strong>, a <strong>3.3% increase</strong> from 2021.</li>
<li>U.S. inflation rate for 2021 was <strong>4.70%</strong>, a <strong>3.46% increase</strong> from 2020.</li>
<li>U.S. inflation rate for 2020 was <strong>1.23%</strong>, a <strong>0.58% decline</strong> from 2019.</li>
</ul>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.

Graph and download economic data for 5-Year Breakeven Inflation Rate (T5YIE) from 2003-01-02 to 2025-07-14 about spread, interest rate, interest, 5-year, inflation, rate, and USA.

Core Inflation Rate MoM in the United States decreased to 0.10 percent in May from 0.20 percent in April of 2025. This dataset includes a chart with historical data for the United States Core Inflation Rate MoM.

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 .

Inflation Expectations in the United States decreased to 3 percent in June from 3.20 percent in May of 2025. This dataset provides - United States Consumer Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the Consumer Price Index (CPI). These nowcasts give a sense of where inflation is today. Released each business day.

Graph and download economic data for 10-Year Expected Inflation (EXPINF10YR) from Jan 1982 to Jun 2025 about projection, 10-year, inflation, and USA.

We report average expected inflation rates over the next one through 30 years. Our estimates of expected inflation rates are calculated using a Federal Reserve Bank of Cleveland model that combines financial data and survey-based measures. Released monthly.

Interactive chart showing the annual rate of inflation in the United States as measured by the Consumer Price Index back to 1914.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Services Less Energy Services in U.S. City Average (CUUR0000SASLE) from Jan 1957 to May 2025 about energy, urban, consumer, services, CPI, inflation, price index, indexes, price, and USA.

In November 2024, the chained consumer price index for all urban consumers (C-CPI-U) in the United States decreased by 0.1 percent from the preceding month. The data represents U.S. city averages. The base period was January 1999=100. The chain weighted CPI incorporates the average changes in the quantity of goods purchased, along with standard pricing effects. This allows the chain weighted CPI to reflect situations where customers shift the weight of their purchases from one area of spending to another. A projection of the annual inflation rate of the country can be accessed here and the actual annual inflation rate since 1990 can be accessed here.

Between January 1, 2023, and March 19, 2023, prices of non-edible consumer packaged goods, specifically beauty products in the United States saw increases. According to data, the price inflation of beauty products remained at a level of *** as of the most recently recorded week, where the base was 100. A level above 100 was considered to be inflationary.

United States - 30-year Breakeven Inflation Rate was 2.28% in May of 2025, according to the United States Federal Reserve. Historically, United States - 30-year Breakeven Inflation Rate reached a record high of 2.71 in April of 2011 and a record low of 1.29 in March of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - 30-year Breakeven Inflation Rate - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for 3-Year Expected Inflation (EXPINF3YR) from Jan 1982 to Jun 2025 about 3-year, projection, inflation, and USA.

The median CPI is a measure of inflation computed by the Federal Reserve Bank of Cleveland. It ranks the components of CPI inflation and picks the one in the middle. Its construction makes it less sensitive to short-lived price fluctuations, thereby better capturing the trend in prices. Released monthly.

United States SCE: Distribution of 3 Year Ahead Expected Inflation Rate: 2% to 3% data was reported at 9.557 % in Apr 2025. This records a decrease from the previous number of 10.539 % for Mar 2025. United States SCE: Distribution of 3 Year Ahead Expected Inflation Rate: 2% to 3% data is updated monthly, averaging 14.686 % from Jun 2013 (Median) to Apr 2025, with 143 observations. The data reached an all-time high of 19.093 % in Feb 2019 and a record low of 5.134 % in May 2022. United States SCE: Distribution of 3 Year Ahead Expected Inflation Rate: 2% to 3% data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.H078: Survey of Consumer Expectations: Inflation.

The Consumer Price Index gauges the price changes in a basket of goods and services in a defined time period. In Argentina, the CPI in April 2024 was 289 percent higher than the one registered the same month of the previous year, with this figure being the largest monthly inflation rate since, at least, the beginning of 2018. The Argentinian inflation rate has been experiencing a steep increase from December 2020 onwards, when the decreasing trend witnessed since December 2019 came to an end. Long history of inflation in Latin America High inflation rates are nothing new in Latin America. In 2023, the region's inflation rate was 14.41 percent, while the global average was much lower at 6.78 percent. Nonetheless, the main drivers of this are Venezuela and Argentina, both being in the upper table of countries with the highest inflation rates in the world. During the last few years, Venezuela entered a period with five-digits inflation rates, having to issue a new currency and implementing new policies to control price increases.

A history of hyperinflation During the last couple of years, inflation has been a constant among the main problems the Argentine society faces. The country returned to a three-digit inflation rate with former president Alberto Fernández, and the constant price increases took a toll on households across the board. Nevertheless, the problem is far from a recent one or the worst it's ever been, in 1989 and 1990, the inflation rate was over 2,000 percent, reaching for the status of hyperinflation. Commonly, hyperinflation is defined as price increases with over 50 percent per month.

Historical chart and dataset showing North America inflation rate by year from 1960 to 2023.

Inflation Rate in Canada remained unchanged at 1.70 percent in May. This dataset provides - Canada Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States - 7-year Breakeven Inflation Rate was 2.34% in May of 2025, according to the United States Federal Reserve. Historically, United States - 7-year Breakeven Inflation Rate reached a record high of 3.14 in March of 2022 and a record low of -1.02 in November of 2008. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - 7-year Breakeven Inflation Rate - last updated from the United States Federal Reserve on July of 2025.