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United States Annual Inflation Rate

The United States' annual inflation rate fell to 2.95% in 2024, down from 4.12% in 2023, according to World Bank. This represents a decrease of 1.17% from the previous year. The United States has annual inflation rate lower than the global median (2.95% vs median 3.16%). Compared with the median in Americas, the United States is lower (2.95% vs regional median 3.29%) and ranks 19th out of 35 countries in Americas.

Yearly Historical Data (1960-2024)

(in %)
Year Annual Inflation Rate (%)
2024 2.95%
2023 4.12%
2022 8%
2021 4.7%
2020 1.23%
2019 1.81%
2018 2.44%
2017 2.13%
2016 1.26%
2015 0.12%
2014 1.62%
2013 1.46%
2012 2.07%
2011 3.16%
2010 1.64%
2009 -0.36%
2008 3.84%
2007 2.85%
2006 3.23%
2005 3.39%
2004 2.68%
2003 2.27%
2002 1.59%
2001 2.83%
2000 3.38%
1999 2.19%
1998 1.55%
1997 2.34%
1996 2.93%
1995 2.81%
1994 2.61%
1993 2.95%
1992 3.03%
1991 4.23%
1990 5.4%
1989 4.83%
1988 4.08%
1987 3.66%
1986 1.9%
1985 3.55%
1984 4.3%
1983 3.21%
1982 6.13%
1981 10.33%
1980 13.55%
1979 11.25%
1978 7.63%
1977 6.5%
1976 5.74%
1975 9.14%
1974 11.05%
1973 6.18%
1972 3.27%
1971 4.29%
1970 5.84%
1969 5.46%
1968 4.27%
1967 2.77%
1966 3.02%
1965 1.59%
1964 1.28%
1963 1.24%
1962 1.2%
1961 1.07%
1960 1.46%
United States Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in United States.
Indicator Last Value Prior Value Period
Core Inflation Rate 3% 3.1% Sep'25
Core PCE Price Index (MoM) 0.2% 0.2% Aug'25
Core PCE Price Index (YoY) 2.91% 2.85% Aug'25
Inflation Rate 3% 2.9% Sep'25
Inflation Rate MoM 0.3% 0.4% Sep'25
PCE Price Index (MoM) 0.3% 0.2% Aug'25
PCE Price Index (YoY) 2.74% 2.6% Aug'25
Producer Price Index (PPI) 2.6% 3.1% Aug'25