Jan 15, 2025 · The annual inflation rate for the United States was 2.9% for the 12 months ending December, compared to the previous rate increase of 2.7%, according to U.S. Labor Department data published on January 15, 2025.

The annual inflation rate in the US likely accelerated for a third consecutive month, reaching 2.9% in December 2024, the highest level since July. This compares to 2.7% in November, with the year-end rise partly driven by low base effects from last year, particularly for energy.

In December, the Consumer Price Index for All Urban Consumers rose 0.4 percent, seasonally adjusted, and rose 2.9 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.2 percent in …

Jan 15, 2025 · The table displays historical inflation rates with annual figures from 1914 to the present. These inflation rates are calculated using the Consumer Price Index, which is published monthly by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor.

Jan 15, 2025 · Inflation is down from the June 2022 peak of 9.06%, but even moderate inflation can rapidly erode purchasing power and creates uncertainty as businesses have more difficulty estimating future costs. Based on the Rule of 72 if inflation is 7.2% it will take roughly 10 years for prices to double.

Jan 17, 2025 · What is the current inflation rate in the US? About 2.9%, as of December 2024. Inflation refers to the rise in prices of goods and services over time, which reduces the purchasing power of the dollar. The inflation rate is the percentage that …

Jan 16, 2025 · Inflation is top of mind for many Americans, as rising costs of groceries, energy and other goods strain wallets. While inflation rates have come down from peaks in 2022, many still worry about ...

Jan 15, 2025 · Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.

Jan 15, 2025 · The Consumer Price Index for United States of America is 315.605 for the month of December 2024. The inflation rate year over year is 2.888% (compared to 2.749% for the previous month).

Aug 31, 2024 · US Inflation Rate is at 2.89%, compared to 2.75% last month and 3.35% last year. This is lower than the long term average of 3.28%. The US Inflation Rate is the percentage in which a chosen basket of goods and services purchased in the US increases in price over a year.