United States Inflation Rate MoM

Consumer prices in the United States increased 0.6 percent month-over-month in January of 2017, higher than 0.3 percent in December and above forecasts of 0.3 percent. It is the highest monthly rate since February of 2013. Energy prices increased 4 percent as gasoline jumped 7.8 percent, accounting for nearly half the increase in CPI. Food cost, which had been unchanged for 6 consecutive months, increased 0.1 percent. The food at home index was unchanged, while the index for food away from home rose 0.4 percent. Additional upward pressure came from prices of apparel, new vehicles, motor vehicle insurance, and airline fares all rising 0.8 percent or more. The shelter index went up 0.2 percent, a smaller increase than in recent months. Inflation Rate Mom in the United States averaged 0.29 percent from 1950 until 2017, reaching an all time high of 1.80 percent in February of 1951 and a record low of -1.80 percent in November of 2008.

United States Inflation Rate MoM

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This page provides – United States Inflation Rate MoM – actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Inflation Rate MoM – actual data, historical chart and calendar of releases – was last updated on February of 2017.