Inflation rates and data updated for December 2008

US Inflation Calculator has been updated with the latest Bureau of Labor Statistics (BLS) figures released Tuesday, December 16 for the entire month of November.

The latest government report has November’s annual rate of inflation down to 1.1%, which is an enormous decline when compared to October’s 3.7%, September’s 4.9% and a rate of 5.4% in August.

On a monthly basis, the Consumer Price Index (CPI) declined 1.9 percent following October’s 1% decline. September was virtually unchanged while August dropped 0.1%.

The Inflation Calculator has been updated to use the latest figures for calculation, as have the following pages:

Consumer Price Index Data from 1913 to 2008

Current Inflation Rates: 1999-2008

Historical Inflation Rates: 1914-2008

Annual Averages for Rate of Inflation

For an in depth look at November consumer price changes, read Consumer prices fall record 1.7%, inflation drops to 1.1%.

 

Leave a Reply