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:
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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:
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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:
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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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