Tag Archives: Inflation Rates

Inflation Data Update

US consumer prices remained unchanged in July, temporarily easing concerns that government spending and the Fed monetary policy would ignite inflation.

The monthly released Labor Department Consumer Price Index (CPI) showed year-over-year inflation actually declined 2.1%, cut down by sharply lower energy costs as compared to last July when gasoline prices were over $4 a gallon.

"In the months ahead, we expect U.S. consumer prices to soften further, and headline consumer price inflation to remain in negative territory (at least through to some time in the fall), before beginning to creep above zero as the expected economic recovery gathers traction," Millan Mulraine, economics strategist with TD Securities, in a research note, was quoted on MarketWatch.

The Inflation Calculator is updated with the newest government information, as are the following inflation rate and data pages:

1913-2009 CPI Data

Inflation Rates

Historical Inflation Rates

Annual Averages for Rate of Inflation

For an in depth look at July consumer prices, read US Consumer prices unchanged, biggest annual inflation drop since 1950.

 

Inflation Calculator Adjusted

The cost of living in the U.S. climbed in June at the fastest pace since last summer. And like then, surging energy costs were mostly responsible.

Consumer prices rose 0.7% in June after a 0.1% increase in May as energy costs jumped 7.4% with prices at the pump up 17.3%.

Despite that, Labor Department Consumer Price Index (CPI) data released Wednesday shows the annual US inflation rate fell 1.4%, marking the biggest decline since Jan. 1950. Continue reading Inflation Calculator Adjusted

US Inflation Calculator Update

U.S. consumer prices inched slightly higher in May and less than expected according to a new report released by the government on Wednesday. The same report revealed year-over-year inflation has fallen at the fastest rate since April 1950.

The Bureau of Labor Statistics Consumer Price Index (CPI) data has the annual US inflation rate at -1.3% compared to April’s 0.7% decline. Cheaper energy over the past year is largely responsible. Continue reading US Inflation Calculator Update

Inflation calculator, rates update – 5/15

U.S. consumer prices from a year ago have fallen by the biggest amount in more than 50 years, the Bureau of Labor Statistics (BLS) said in a report provided on Friday, May 15. To be more exact, prices had not dropped as fast since August 1955.

The Consumer Price Index (CPI) data has the annual inflation rate at -0.7% compared to the March rate of -0.4%. It was cheaper energy that helped pull down prices. Compared to a year ago, energy prices dropped 25.2%. (While gas prices at the pump have been rising recently, those figures will not be calculated into available data until next month’s report is released.)

On a monthly basis, consumer prices remained unchanged following the 0.1% declined in March and the 0.4% increase in February.

The Inflation Calculator is updated with the newest government information, as are the following pages:

CPI Data from 1913 to 2009

Inflation Rates: 1999-2009

Historical Inflation Rates: 1914-2009

Annual Averages for Rate of Inflation

For an in depth look at April consumer prices, read the article Annual inflation at -0.7%…

Inflation calculator, inflation rates update – 4/15

U.S. consumer prices dropped unexpectedly in March and marked the first annual drop since 1955, according to the latest data from the Bureau of Labor Statistics (BLS) provided on Wednesday, April 15.

The Consumer Price Index (CPI) data has the annual inflation rate at -0.4% compared to the February rate of 0.2%. On a monthly basis, consumer prices fell 0.1 percent, after increasing 0.4 percent in February.

The Inflation Calculator is updated with the newest government information, as are the following pages:

Consumer Price Index Data from 1913 to 2009

Current Inflation Rates: 1999-2009

Historical Inflation Rates: 1914-2009

Annual Averages for Rate of Inflation

For an in depth look at March consumer prices, read Consumer prices drop 0.1%.

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Inflation rates and charts – 3/18 update

Consumer prices increased more than the February forecast and to 0.4%, according to the latest data from the Bureau of Labor Statistics (BLS) provided on Wednesday, March 18.

The Consumer Price Index (CPI) data has the annual inflation rate at 0.2% compared to the January rate of 0%, which marked the lowest level since 1955.

The Inflation Calculator is updated with the newest government information, as are the following pages:

Consumer Price Index Data from 1913 to 2009

Current Inflation Rates: 1999-2009

Historical Inflation Rates: 1914-2009

Annual Averages for Rate of Inflation

For an in depth look at February consumer prices, follow Consumer prices jump 0.4%, inflation at 0.2%.

 

Inflation rates and figures updated for Feb. 2009

Consumer prices were flat over the past 12 months, according to the latest data from the Bureau of Labor Statistics (BLS) provided on Friday, Feb. 20. The annual inflation rate is hovering right at 0%, marking the lowest level since 1955.

The US Inflation Calculator is updated with the newest government information, as are the following pages:

Consumer Price Index Data from 1913 to 2009

Current Inflation Rates: 1999-2009

Historical Inflation Rates: 1914-2009

Annual Averages for Rate of Inflation

For an in depth look at January consumer prices, follow Annual inflation rate at 0%…

Inflation rates and CPI data updated for January 2009

The US Inflation Calculator is updated with the newest data provided by the Bureau of Labor Statistics (BLS) on Friday, January 16.

The annual rate of inflation in December crawled to just 0.1%, according to the government’s report. The declining trend began back in August when the rate was 5.4%. September followed with 4.9%, October at 3.7% and November at 1.1%.

The Consumer Price Index (CPI) declined 0.7% in December from the prior month. November consumer prices fell a record 1.7%.

In addition to the Inflation Calculator tool using the latest figures for calculation, the following pages have been updated: Continue reading Inflation rates and CPI data updated for January 2009

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%.

 

Inflation rates and figures updated for November 2008

The US Inflation Calculator website has been updated with the latest Bureau of Labor Statistics (BLS) data released Wednesday, November 19. The newest figures indicate that October’s annual rate of inflation declined to 3.7%. That compares to 4.9% in September and 5.4% in August. On a monthly basis, the Consumer Price Index (CPI) declined 1.0 percent. September was virtually unchanged while August declined 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

An in depth look at the released Labor Department data follows at Consumer prices fall record 1%, inflation drops to 3.7%.