Inflation in USA

United States Inflation (eop) | Economic News & Forecasts

USA - Inflation (end of period)

Inflation continues to ease in May

Consumer prices fell 0.1% over the previous month in May missing market expectations of no change, but softer than April’s 0.8% dip. A fall in energy prices and a weaker increase in food prices was chiefly behind May’s print. Core consumer prices—which exclude volatile items such as food and energy—also fell 0.1% in May (April: -0.4% month-on-month).

Inflation ticked down to 0.1% in May—the lowest level since September 2015—from 0.3% in April, and came in a notch below market expectations of 0.2% inflation. Meanwhile, core inflation decreased to 1.2% from 1.4% in the month prior. The core personal consumption expenditures price index—a gauge of household spending closely tracked by the Fed—dipped to 0.5% in April, the latest month for which data is available, from 1.3% in March and falling further below the Fed’s 2.0% target.

Looking ahead, depressed employment levels will likely continue to hit demand and keep price pressures at bay in the coming months. Moreover, hydrocarbon prices should tread well below levels seen last year, which will weigh further on inflationary pressures.

The Fed’s monetary stimulus should only begin to stoke price pressures once domestic demand begins to recover, but should help to combat disinflationary pressures, to some extent.

FocusEconomics participants expect inflation to average 0.7% in 2020, which is down 0.2 percentage points from last month’s forecast. For 2021, the panel expects inflation to average 1.6%.

United States - Inflation (eop) Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %, eop)0.6  2.1  2.1  1.9  2.3  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


United States Inflation (eop) Chart

USA Inflation

United States Facts

Value Change Date
Bond Yield1.92-0.43 %Dec 31
Exchange Rate1.120.65 %Dec 31

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form