U.S. inflation rates by year show how consumer prices have changed annually based on the Consumer Price Index (CPI) published by the Bureau of Labor Statistics (BLS). Track current inflation to understand what today’s rising prices mean for your budget, wages, interest rates, and economic policy decisions.
CBS News: Inflation just fell. Will mortgage rates fall next? Here's what to consider. Inflation just fell.
inflation rates 2024, Will mortgage rates fall next? Here's what to consider. The annual inflation rate in the United States was 4.2% for the 12 months ending May, up from 3.8% previously, according to U.S. Labor Department data released . Inflation is the rate at which the price of goods and services increases over time.
inflation rates 2024, Keeping inflation low and stable is one of the Federal Reserve's goals when conducting monetary policy. View the current U.S. inflation rate according to latest CPI data from the Bureau of Labor Statistics, released in July. Review CPI and inflation statistics for the past 10 years. The annual inflation rate in the US rose to 4.2% in May 2026, marking its highest level since April 2023, from 3.8% in April and in line with market expectations. From May 2025 to May 2026: Headline CPI-U inflation was 4.25 percent.
Food price inflation was 3.08 percent. Energy price inflation was 23.54 percent. Core CPI-U inflation was 2.85 percent. By looking at the inflation rate each year, you can gain insight into how prices changed and how events around the globe impacted the average U.S.