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 increased to 3.10 percent in July from 3 percent in June of 2025. This dataset provides - United States Consumer Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in the United States remained unchanged at 2.70 percent in July. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for 30-Year Expected Inflation (EXPINF30YR) from Jan 1982 to Aug 2025 about 30-year, projection, inflation, and USA.

In 2023, the U.S. Consumer Price Index was 309.42, and is projected to increase to 352.27 by 2029. The base period was 1982-84. The monthly CPI for all urban consumers in the U.S. can be accessed here. After a time of high inflation, the U.S. inflation rateis projected fall to two percent by 2027. United States Consumer Price Index ForecastIt is projected that the CPI will continue to rise year over year, reaching 325.6 in 2027. The Consumer Price Index of all urban consumers in previous years was lower, and has risen every year since 1992, except in 2009, when the CPI went from 215.30 in 2008 to 214.54 in 2009. The monthly unadjusted Consumer Price Index was 296.17 for the month of August in 2022. The U.S. CPI measures changes in the price of consumer goods and services purchased by households and is thought to reflect inflation in the U.S. as well as the health of the economy. The U.S. Bureau of Labor Statistics calculates the CPI and defines it as, "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." The BLS records the price of thousands of goods and services month by month. They consider goods and services within eight main categories: food and beverage, housing, apparel, transportation, medical care, recreation, education, and other goods and services. They aggregate the data collected in order to compare how much it would cost a consumer to buy the same market basket of goods and services within one month or one year compared with the previous month or year. Given that the CPI is used to calculate U.S. inflation, the CPI influences the annual adjustments of many financial institutions in the United States, both private and public. Wages, social security payments, and pensions are all affected by the CPI.

Inflation Nowcasting Quarterly is a part of the Inflation Nowcasting indicator of the Federal Reserve Bank of Cleveland.

Core consumer prices in the United States increased 3.10 percent in July of 2025 over the same month in the previous year. This dataset provides - United States Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

Graph and download economic data for 20-Year Expected Inflation (EXPINF20YR) from Jan 1982 to Aug 2025 about 20-year, projection, inflation, and USA.

The Consumer Price Index in the United States increased 0.20 percent in July of 2025 over the previous month. This dataset provides - United States Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

2022 and 2023 were characterized by leaping inflation rates. These were caused by a multiple of factors, but post-corona (COVID-19) challenges and the Russian invasion of Ukraine in February that year had a major impact. However, the inflation rates in all countries included were forecast to stabilize through 2022 and 2023. More information about global inflation can be found here.

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.

In January 2025, prices had increased by three percent compared to January 2024 according to the 12-month percentage change in the consumer price index — the monthly inflation rate for goods and services in the United States. The data represents U.S. city averages. In economics, the inflation rate is a measure of the change in price level over time. The rate of decrease in the purchasing power of money is approximately equal. A projection of the annual U.S. inflation rate can be accessed here and the actual annual inflation rate since 1990 can be accessed here. InflationOne of the most important economic indicators is the development of the Consumer Price Index in a country. The change in this price level of goods and services is defined as the rate of inflation. The inflationary situation in the United States had been relatively severe in 2022 due to global events relating to COVID-19, supply chain restrains, and the Russian invasion of Ukraine. More information on U.S. inflation may be found on our dedicated topic page. The annual inflation rate in the United States has increased from 3.2 percent in 2011 to 8.3 percent in 2022. This means that the purchasing power of the U.S. dollar has weakened in recent years. The purchasing power is the extent to which a person has available funds to make purchases. According to the data published by the International Monetary Fund, the U.S. Consumer Price Index (CPI) was about 258.84 in 2020 and is forecasted to grow up to 325.6 by 2027, compared to the base period from 1982 to 1984. The monthly percentage change in the Consumer Price Index (CPI) for urban consumers in the United States was 0.1 percent in March 2023 compared to the previous month. In 2022, countries all around the world are experienced high levels of inflation. Although Brazil already had an inflation rate of 8.3 percent in 2021, compared to the previous year, while the inflation rate in China stood at 0.85 percent.

United States FRB Cleveland Forecast: Inflation Nowcast: Consumer Price Index (CPI): YoY data was reported at 2.291 % in Nov 2018. This records a decrease from the previous number of 2.484 % for Oct 2018. United States FRB Cleveland Forecast: Inflation Nowcast: Consumer Price Index (CPI): YoY data is updated monthly, averaging 1.597 % from Aug 2013 (Median) to Nov 2018, with 64 observations. The data reached an all-time high of 2.935 % in Jul 2018 and a record low of -0.184 % in Apr 2015. United States FRB Cleveland Forecast: Inflation Nowcast: Consumer Price Index (CPI): YoY data remains active status in CEIC and is reported by Federal Reserve Bank of Cleveland. The data is categorized under Global Database’s United States – Table US.I003: Consumer Price Index: Urban: Forecast: Federal Reserve Bank of Cleveland.

FRBOP Forecast: CPI Inflation: sa: Mean: Plus 3 Qtrs data was reported at 2.233 % in Mar 2019. This records a decrease from the previous number of 2.361 % for Dec 2018. FRBOP Forecast: CPI Inflation: sa: Mean: Plus 3 Qtrs data is updated quarterly, averaging 2.531 % from Sep 1981 (Median) to Mar 2019, with 151 observations. The data reached an all-time high of 7.710 % in Dec 1981 and a record low of 1.460 % in Sep 2010. FRBOP Forecast: CPI Inflation: sa: Mean: Plus 3 Qtrs data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s United States – Table US.I008: Consumer Price Index: Urban: sa: Forecast: Federal Reserve Bank of Philadelphia.

Ten-Year Expected Inflation and Real and Inflation Risk Premia is a part of the Inflation Expectations indicator of the Federal Reserve Bank of Cleveland.

Graph and download economic data for FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Median (PCECTPIMD) from 2025 to 2027 about projection, PCE, consumption expenditures, consumption, personal, median, inflation, rate, and USA.

FRBOP Forecast: Core CPI Inflation: sa: Mean: Plus 1 Qtr data was reported at 2.226 % in Mar 2019. This records a decrease from the previous number of 2.327 % for Dec 2018. FRBOP Forecast: Core CPI Inflation: sa: Mean: Plus 1 Qtr data is updated quarterly, averaging 1.951 % from Mar 2007 (Median) to Mar 2019, with 49 observations. The data reached an all-time high of 2.365 % in Jun 2018 and a record low of 1.127 % in Mar 2009. FRBOP Forecast: Core CPI Inflation: sa: Mean: Plus 1 Qtr data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s United States – Table US.I008: Consumer Price Index: Urban: sa: Forecast: Federal Reserve Bank of Philadelphia.

Cost of food in the United States increased 2.90 percent in July of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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