United States Inflation Rate in 1974
Inflation rate in the United States was 12.34% in 1974. That is 3.63 more than it was in the preceding 1973 and 5.40% more than in the following year of 1975.
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, %||0.87||1.29||1.27||0.42||1.25||0.82||0.82||1.21||1.20||0.99||0.78||0.78||12.34|
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), %||9.39||10.02||10.39||10.09||10.71||10.86||11.51||10.86||11.95||12.06||12.20||12.34||12.34|
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), %||0.87||2.16||3.46||3.90||5.19||6.06||6.93||8.23||9.52||10.61||11.47||12.34||12.34|
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