Inflation Rate in the United States increased to 2.40 percent in May from 2.30 percent in April of 2025. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

ECRI: Future Inflation Gauge Index data was reported at 111.900 NA in Nov 2018. This records a decrease from the previous number of 113.100 NA for Oct 2018. ECRI: Future Inflation Gauge Index data is updated monthly, averaging 110.500 NA from Jan 1994 (Median) to Nov 2018, with 299 observations. The data reached an all-time high of 126.200 NA in Oct 2005 and a record low of 77.600 NA in Apr 2009. ECRI: Future Inflation Gauge Index data remains active status in CEIC and is reported by Economic Cycle Research Institute. The data is categorized under Global Database’s United States – Table US.I042: Future Inflation Gauge Index.

This data package includes the underlying data to replicate the charts, tables, and calculations presented in Fiscal policy and the pandemic-era surge in US inflation: Lessons for the future, PIIE Working Paper 24-22.

If you use the data, please cite as:

Dynan, Karen, and Douglas Elmendorf. 2024. Fiscal policy and the pandemic-era surge in US inflation: Lessons for the future. PIIE Working Paper 24-22. Washington: Peterson Institute for International Economics.

The empirical analysis of monetary policy requires the construction of instruments for future expected inflation. Dynamic factor models have been applied rather successfully to inflation forecasting. In fact, two competing methods have recently been developed to estimate large-scale dynamic factor models based, respectively, on static and dynamic principal components. This paper combines the econometric literature on dynamic principal components and the empirical analysis of monetary policy. We assess the two competing methods for extracting factors on the basis of their success in instrumenting future expected inflation in the empirical analysis of monetary policy. We use two large data sets of macroeconomic variables for the USA and for the Euro area. Our results show that estimated factors do provide a useful parsimonious summary of the information used in designing monetary policy.

Inflation Rate in Egypt increased to 16.80 percent in May from 13.90 percent in April of 2025. This dataset provides - Egypt Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in New Zealand increased to 2.50 percent in the first quarter of 2025 from 2.20 percent in the fourth quarter of 2024. This dataset provides - New Zealand Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Malaysia decreased to 1.20 percent in May from 1.40 percent in April of 2025. This dataset provides - Malaysia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Ireland decreased to 1.70 percent in May from 2.20 percent in April of 2025. This dataset provides the latest reported value for - Ireland Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.