United States Inflation Rate

Last updated: 2024-04-25

Annual inflation

3.48%

YoY ending in Mar 2024

Monthly inflation

0.65%

March 2024

The graph above shows the annual inflation rates in the US for the previous 10 calendar years, from 2014. For additional years, see the historical inflation rates. To calculate cumulative rates between two different periods, you can use the United States Inflation Calculator.

The current inflation rate in the US is 3.48%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in March 2024.

In March 2024, the monthly inflation rate was 0.65.

The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values.

Year Measure Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2024 YoY 3.09 3.15 3.48
MoM 0.54 0.62 0.65
2023 YoY 6.41 6.04 4.98 4.93 4.05 2.97 3.18 3.67 3.70 3.24 3.14 3.35
MoM 0.80 0.56 0.33 0.51 0.25 0.32 0.19 0.44 0.25 -0.04 -0.20 -0.10

Historical Annual Inflation Rates from 1914

The table below contains annual inflation rates in the US from 1914. The 'Inflation %' column indicates how much prices have changed since the previous year.

The 5-year and 10-year columns display the rolling average of the yearly inflation. For example, the 5-year avg. on the first row indicates that between 2018 and 2023, the average inflation rate was 3.94%. These values can be useful for long-term analysis and forecasting.

You can click or tap the table’s headers to sort the information.

Year Inflation 5-year Avg. 10-year Avg.
1914 1.00 - -
1915 1.98 - -
1916 12.62 - -
1917 18.10 - -
1918 20.44 8.76 -
1919 14.55 11.59 -
1920 2.65 14.67 -
1921 -10.82 10.40 -
1922 -2.31 5.49 -
1923 2.37 2.54 5.60
1924 0.00 -0.24 5.51
1925 3.47 -2.63 5.67
1926 -1.12 -0.17 4.98
1927 -2.26 0.72 3.07
1928 -1.16 0.13 1.33
1929 0.58 0.04 -0.10
1930 -6.40 -0.98 -1.81
1931 -9.32 -2.99 -1.59
1932 -10.27 -4.70 -2.03
1933 0.76 -5.50 -2.73
1934 1.52 -4.85 -2.44
1935 2.99 -3.85 -2.42
1936 1.45 -1.83 -2.41
1937 2.86 1.06 -1.86
1938 -2.78 1.73 -1.95
1939 0.00 0.77 -2.08
1940 0.71 0.41 -1.74
1941 9.93 1.21 -0.32
1942 9.03 2.58 1.82
1943 2.96 4.20 2.96
1944 2.30 4.81 2.77
1945 2.25 5.13 2.74
1946 18.13 5.80 3.48
1947 8.84 6.45 4.49
1948 2.99 6.79 5.49
1949 -2.07 6.24 5.52
1950 5.93 5.99 5.56
1951 6.00 5.87 5.83
1952 0.75 3.53 4.98
1953 0.75 2.17 4.46
1954 -0.74 2.43 4.32
1955 0.37 2.16 4.06
1956 2.99 0.93 3.37
1957 2.90 1.14 2.32
1958 1.76 1.52 1.84
1959 1.73 1.66 2.04
1960 1.36 2.01 2.08
1961 0.67 1.92 1.42
1962 1.33 1.49 1.31
1963 1.64 1.20 1.36
1964 0.97 1.25 1.45
1965 1.92 1.27 1.64
1966 3.46 1.66 1.79
1967 3.04 1.98 1.73
1968 4.72 2.58 1.88
1969 6.20 3.41 2.33
1970 5.57 4.26 2.76
1971 3.27 4.52 3.08
1972 3.41 4.62 3.29
1973 8.71 5.00 3.78
1974 12.34 6.09 4.74
1975 6.94 6.75 5.50
1976 4.86 7.04 5.78
1977 6.70 7.71 6.15
1978 9.02 8.00 6.49
1979 13.29 8.04 7.06
1980 12.52 8.90 7.82
1981 8.92 9.83 8.43
1982 3.83 9.75 8.72
1983 3.79 8.83 8.41
1984 3.95 7.44 7.74
1985 3.80 5.47 7.17
1986 1.10 3.81 6.77
1987 4.43 3.32 6.49
1988 4.42 3.49 6.13
1989 4.65 3.60 5.50
1990 6.11 3.97 4.72
1991 3.06 4.44 4.12
1992 2.90 4.31 3.81
1993 2.75 4.08 3.79
1994 2.67 3.64 3.62
1995 2.54 3.12 3.54
1996 3.32 2.86 3.65
1997 1.70 2.73 3.52
1998 1.61 2.45 3.26
1999 2.68 2.36 3.00
2000 3.39 2.48 2.80
2001 1.55 2.45 2.66
2002 2.38 2.30 2.51
2003 1.88 2.45 2.45
2004 3.26 2.55 2.45
2005 3.42 2.55 2.51
2006 2.54 2.63 2.54
2007 4.08 2.88 2.59
2008 0.09 3.20 2.82
2009 2.72 2.58 2.56
2010 1.50 2.23 2.39
2011 2.96 2.22 2.42
2012 1.74 2.06 2.47
2013 1.50 1.59 2.39
2014 0.76 1.99 2.28
2015 0.73 1.68 1.96
2016 2.07 1.31 1.76
2017 2.11 1.32 1.69
2018 1.91 1.51 1.55
2019 2.29 1.55 1.77
2020 1.36 1.77 1.73
2021 7.04 2.46 1.88
2022 6.45 3.61 2.46
2023 3.35 3.94 2.72

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