Inflation Rate in The United States of America
Monthly inflation rate in The United States was -0.03% in July 2014. That is 0.21% less than it was in June 2014 and 0.07% less than in July 2013. At the same time, 2014 year to date inflation rate is 2.22% and year over year inflation rate is 1.98%.
In 2014 USA ranks #5 in the world by yearly inflation rate.
Inflation rate in the United States is based on the Consumer Price Indexes (CPI) - prices that consumers have to pay for the products and services, which includes not only the producers price, but also various taxes.
To be more specific, it is based on the Consumer Price Index - All Urban Consumers (CPI-U) which includes those places and Metropolitan Statistical Areas of 2500 people or more. This covers about 80% of the population, excluding rural and military consumers. CPI-U is the most generic index, showing the real price changes from the consumer standpoint.
Current Inflation Rate
Inflation rate in July 2014:
(month over month, MOM)
|Inflation rate year to date, YTD:||2.22%|
|Inflation rate in June 2014, MOM:||0.18%|
|Inflation rate in July 2013, MOM:||0.04%|
|Inflation rate in July 2013, YTD:||1.74%|
|Inflation rate in 2013:||1.50%|
|Last 12 months inflation rate:
(year over year, YOY)
|Last 60 months inflation rate (5 years):||10.62%|
|Last 120 months inflation rate (10 years):||26.18%|
There are more resources available about the inflation in The United States:
- Tables of current and historical inflation rates in The United States by months and years
- Calculators that allow calculating inflation rates, price and money purchasing power changes for custom periods
All data and calculations are based on the Consumer Price Indexes published monthly by the U.S. Department Of Labor, Bureau of Labor Statistics.
Inflation data in the US is published in the middle of the following month, usually on 16th.