United States Inflation Rate in 1948
Inflation rate in the United States was 2.99% in 1948. That is 5.85 less than it was in the preceding 1947 and 5.07% more than in the following year of 1949.
Month over month inflation rate is calculated for just the subject month itself - from the first to the last day of that month:
|Month to month, %||1.28||-0.84||-0.43||1.71||0.42||0.84||1.24||0.41||0.00||-0.41||-0.82||-0.41||2.99|
Year to year inflation rate is calculated for 12 months: 11 months preceding the subject one and the subject month itself:
|Year over year (12 months), %||10.23||9.30||6.85||8.68||9.13||9.55||9.91||8.89||6.52||6.09||4.76||2.99||2.99|
Progressive inflation rate is an incremental year to date inflation that sums rates from the beginning of the calendar year to the end of the subject month:
|Progressive (year to date), %||1.28||0.43||0.00||1.71||2.14||2.99||4.27||4.70||4.70||4.27||3.42||2.99||2.99|
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