United States Inflation Rate in 2023
Inflation rate in the United States was 3.35% in 2023. That is 3.10 less than it was in the preceding 2022 and 0.46% more than in the following year of 2024.
In 2023 USA ranked #1 in the world by yearly inflation rate.
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, % | 0.80 | 0.56 | 0.33 | 0.51 | 0.25 | 0.32 | 0.19 | 0.44 | 0.25 | -0.04 | -0.20 | -0.10 | 3.35 |
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), % | 6.41 | 6.04 | 4.98 | 4.93 | 4.05 | 2.97 | 3.18 | 3.67 | 3.70 | 3.24 | 3.14 | 3.35 | 3.35 |
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), % | 0.80 | 1.36 | 1.70 | 2.21 | 2.47 | 2.80 | 3.00 | 3.45 | 3.70 | 3.66 | 3.45 | 3.35 | 3.35 |
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