The chart and table display the average rates of inflation in the United States on a yearly basis from 2012 to 2023. This information is provided by the U.S. Bureau of Labor Statistics and is published every month in the Consumer Price Index. The chart and table were last updated on Nov. 14 with BLS data for October. The next update is scheduled for Dec. 12, 2023, which will offer the eleventh reading for 2023.
Generally, more interest is directed toward current inflation rates, at least in terms of what you hear or read from news media, rather than these average rates.
Table: Average Annual U.S. Inflation Rates
| Year | CPI (Annual Average) | Inflation Rate (Annual Average) |
| 2023 | 304.262 | 4.3% |
| 2022 | 292.655 | 8.0% |
| 2021 | 270.970 | 4.7% |
| 2020 | 258.811 | 1.2% |
| 2019 | 255.657 | 1.8% |
| 2018 | 251.107 | 2.4% |
| 2017 | 245.120 | 2.1% |
| 2016 | 240.007 | 1.3% |
| 2015 | 237.017 | 0.1% |
| 2014 | 236.736 | 1.6% |
| 2013 | 232.957 | 1.5% |
| 2012 | 229.594 | 2.1% |
Data Source: U.S. Bureau of Labor Statistics: All items in U.S. city average, all urban consumers, not seasonally adjusted.