Average Annual Inflation Rates

The chart and table of average rates of inflation in the United States displays yearly results from 2012-2023. This information is made available by the U.S. Bureau of Labor Statistics, and it is published every month in the Consumer Price Index. The chart and table were last updated March 14 with BLS data for February. The next update is scheduled for April 12, 2023, which will offer the third reading for 2023.

Generally, more interest — at least what you hear or read from news media — is directed toward current inflation rates instead of these average rates.

 

Table: Average Annual U.S. Inflation Rates

Year CPI (Annual Average) Inflation Rate (Annual Average)
2023 300.005 6.2%
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.