New Inflation Rates with Chart, Graph and Table

The US Inflation Calculator economic site now has a newly updated Inflation Rates information section that includes a chart, graph and table of monthly and annual inflation rates for the last decade.

The rates of inflation come directly from the latest Consumer Price Index (CPI) data published by the Bureau of Labor Statistics (BLS). The chart and graph offers an excellent visual tool for seeing how rates have changes throughout the years.

In economics, the inflation rate is a measure of inflation. In this case, the rate of increase of the Consumer Price Index. The rate of increase/decrease in the purchasing power of dollar is about equal.

As a sampling of the data, the following table lists inflation rates from 1999-2008 (it doesn’t include the monthly breakouts).

Year CPI – Inflation Rate*
2008 5.0%
2007 2.8%
2006 3.2%
2005 3.4%
2004 2.7%
2003 2.3%
2002 1.6%
2001 2.8%
2000 3.4%
1999 2.2%

*The inflation rate listed for a year is the average of the monthly indices, which is consistent with BLS reporting.

Historical inflation rates are also available from 1914-2008.

Visit the newly updated rates section of the site by following Current Inflation Rates: 1999-2008.

4 thoughts on “New Inflation Rates with Chart, Graph and Table”

  1. DO NOT PANIC ALL MY DUDES AND DUDETS,THE INFLATION RATES ARE SURE TO DECREASE………LYK DUH! REALLY LOVE THE GRAPHS AND STUFF…..

    LOVE NURSEN . . .

  2. ok Nursen, lemme ask you a question. When the millions of baby boomers start coming online for their benefits over the next several months are we then going to start having to take those obligations into consideration when considering the national debt and how it influences the inflation or deflation of the currency supply?

    Take a look at your numbers on this. Currently the federal budget does not calculate the governments currently unfunded long term debt obligations. Taking those numbers of medicare and social security into account, the national debt is actually closer to 52 trillion dollars, give or take a few quintrillion pennies here or there.

    As the number of retirees entering the scene increases you have to either (A) inflate the money supply to meet the new obligations, or (B) constantly increase the buying power of the currency. Make no mistake, those obligations will be met on the surface. To meet those obligations long term you need constant growth to drive the machinery. Constant growth requires affordable energy. There is no alternative. We have a national economy that is driven by energy and the unlimited availability of same, or more correctly put, we did. We now have a consumer / service oriented society. A C/S society in contrast with an A/I society, (agrarian / industrial), by it’s very nature must consume to grow. You can do one of two things. (A) decrease the currency supply, so that a nickel has the same buying power as $5.00, which just wouldn’t work. I don’t think we have enough nickels., or (B) inflate the currency supply a little bit at a time to slowly add the new obligations into the picture. An economy or really any closed system still operates under Boyle’s Law. Look at the currency supply as a gas that will expand to fill whatever the size of a container it is placed into. The atoms that make up the gas, or the currency have mass. Call the gas oxygen. Figure you need a certain percentage of the volume of an enclosed area to contain oxygen to support life. The volume of the enclosed area is constantly changing, it contracts or it expands dependent upon a number of variables. Expansion is easy, the contraction part is a little more difficult and the membrane that holds it all together is very much like a balloon when it expands and like a big propane tank when it starts to build up a vacuum at a rate that it is not accustomed to. As the amount of gas increases in the container the pressure and temperature also increase if the container is not allowed to expand or continually grow. Our economy is the container and the way the fed controls the economy is the control of the currency supply, which is kinda a neat balancing act to perform, and it requires the constant borrowing and repayment of borrowed currency to operate, since every dollar that is issued, is issued with debt attached to it we have an economic engine and a society that is driven on a self generating debt structrue to make the whole thing work.

    I feel pretty confident, and so do a few other people, such as David Walker, head of the GAO and T. Boone Pickens, that inflation will increase on an logarithimic scale that is inversly proportionate to the available supply of energy. Inflation will go up. You can take that to the bank, as long as there are banks left to take it to that is.

    Sorry for being so long winded, I hope this made sense.

    Namaste

  3. drudges and drudgettes – i think you mis-understand – the inflatory indexes are showing a .02 DECREASE in the money supply even with the billions of stimulus dollars being ‘absorbed’ – also there is a distinct issue with RE figures as majority of the assistance is going into the wrong pockets

    i think your tank is being siphoned in a manner that ya’ll have not quite come to terms with and therefore your longwindedness is more to try to convince yourself that the numbers add up when they dont.

    i would be less concerned about what’s going to happen to grand’mere and grand’pere in 10 years than i would be about you ever getting your sorry asses off the couch in the basement and adding your own influence to the economy.

  4. I think we all SHOULD be worried about the rate of inflation within the country.And he is very right about the baby boomers,we do have to do something about these problems BEFORE they effect the price of goods and services within the country. This isnt just going to blow over, and we cant expect the government to fix it because we all know how well that worked…

Leave a Reply