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The annual inflation rate for the United States was 2.6% for the 12 months ending October, compared to the previous rate increase of 2.4%, according to U.S. Labor Department data published on November 13, 2024.
Meats, poultry, fish, and eggs prices rose 7.7 percent from 2021 to 2022, an increase 4.8 percentage points smaller than a year earlier. From December 2021 to December 2022, energy prices increased 7.3 percent, a quarter of the rate at which they increased from 2020 to 2021.
Over the 12 months ended June 2022, the Consumer Price Index for All Urban Consumers increased 9.1 percent. The 9.1-percent increase in the all items index was the largest 12-month increase since the 12-month period ending November 1981.
Consumer prices up 2.4 percent from September 2023 to September 2024. From September 2023 to September 2024, the Consumer Price Index for All Urban Consumers (CPI-U) rose 2.4 percent, the smallest over-the-year increase since the 12 months ended February 2021.
The 3.86% inflation rate means $1 in 2022 is equivalent to $1.08 today. This inflation calculator uses the official US consumer price index published by the Department of Labor.
2022 CPI and Inflation Rate for the United States. This table shows the monthly All-Items Consumer Price Index (CPI-U) as well as the annual and monthly inflation rates for the United States in 2022. You can find upcoming CPI release dates on our schedule page.
Graph and download economic data for Inflation, consumer prices for the United States (FPCPITOTLZGUSA) from 1960 to 2023 about consumer, CPI, inflation, price index, indexes, price, and USA.
U.S. inflation rate for 2022 was 8.00%, a 3.3% increase from 2021. U.S. inflation rate for 2021 was 4.70%, a 3.46% increase from 2020. U.S. inflation rate for 2020 was 1.23%, a 0.58% decline from 2019. Download Historical Data.
In 2022, the average inflation rate was 8%, an increase of 3.3 percentage points from 2021.
Inflation. The personal consumption expenditures (PCE) price index rose 5.8 percent over the 12 months ending in December, and the index that excludes food and energy items (so-called core inflation) was up 4.9 percent—the highest readings for both measures in roughly 40 years.