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:
Consumer Price Index Data from 1913 to 2008
Current Inflation Rates: 1999-2008
Historical Inflation Rates: 1914-2008
Annual Averages for Rate of Inflation
Year-end tallies for some of the above pages will follow. For an in depth look at December consumer prices, read 2008 inflation rate at 0.1%, slowest gain in 54 years.