Inflation Rate in the United States of America, 2020
Overview
Monthly inflation rate in the United States was 0.09% in December 2020. That is 0.16 more than it was in November 2020 and 0.19 more than in December 2019. At the same time, 2020 year to date inflation rate is 1.36% and year over year inflation rate is 1.36%.
In 2020 USA ranks #5 in the world by yearly inflation rate.
Inflation rate in the United States is based on the Consumer Price Index (CPI) - prices that consumers have to pay for the products and services, which includes not only the producers price, but also various taxes.
To be more specific, it is based on the Consumer Price Index - All Urban Consumers (CPI-U) which includes those places and Metropolitan Statistical Areas of 2500 people or more. This covers about 80% of the population, excluding rural and military consumers. CPI-U is the most generic index, showing the real price changes from the consumer standpoint.
Current Inflation Rate
|
Inflation rate in December 2020:
(month over month, MOM)
| 0.09% |
| Inflation rate year to date, YTD: | 1.36% |
| Inflation rate in November 2020, MOM: | -0.06% |
| Inflation rate in December 2019, MOM: | -0.09% |
| Inflation rate in December 2019, YTD: | 2.29% |
| Inflation rate in 2019: | 2.29% |
| Last 12 months inflation rate:
(year over year, YOY)
| 1.36% |
| Last 60 months inflation rate (5 years): | 10.13% |
| Last 120 months inflation rate (10 years): | 18.84% |
Month over month inflation rate is calculated for just the subject month itself - from the first to the last day of that month:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Month to month, % | 0.39 | 0.27 | -0.22 | -0.67 | 0.00 | 0.55 | 0.51 | 0.32 | 0.14 | 0.04 | -0.06 | 0.09 | 1.36 |
Year to year inflation rate is calculated for 12 months: 11 months preceding the subject one and the subject month itself:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year over year (12 months), % | 2.49 | 2.33 | 1.54 | 0.33 | 0.12 | 0.65 | 0.99 | 1.31 | 1.37 | 1.18 | 1.17 | 1.36 | 1.36 |
Progressive inflation rate is an incremental year to date inflation that sums rates from the beginning of the calendar year to the end of the subject month:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Progressive (year to date), % | 0.39 | 0.66 | 0.44 | -0.23 | -0.23 | 0.32 | 0.83 | 1.15 | 1.29 | 1.33 | 1.27 | 1.36 | 1.36 |
More Info
There are more resources available about the inflation in the United States:
Tables of current and historical inflation rates in the United States by months and years
Monthly charts showing month over month inflation- Monthly charts showing year over year inflation rates
- Yearly - charts of annual inflation
Comparison charts that allow custom reports for any given period and to compare inflation rates between countries and years
Calculators that allow calculating inflation rates, price and money purchasing power changes for custom periods
Hotlinking and Charts Reusing
All charts are regularly updated and can be hotlinked and used within third party web sites and blogs under a set of conditions. Also charts support parameters that help adjust the charts look and feel. For details on parameters and usage conditions please refer to the Charts API page.
About Data
All data and calculations are based on the Consumer Price Index published monthly by the U.S. Department Of Labor, Bureau of Labor Statistics.
Inflation data in the US is published in the middle of the following month, usually on 16th.