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History of inflation in the US from Jan 1914 - Mar 2009. Year-over-year data calculated for each month using (This year-last year)/last year: Date: 27 April 2009: Source: CPI-U (all urban consumers, U.S. cities average) data from Department of Labor / Bureau of Labor Statistics . Author: Lalala666: Other versions: longer time-scale
Historical inflation, using data from (pre-1913: McCusker study; post-1913: CPI-U [annual averages]) Pre-1774 data can be found in How Much is that in Real Money?: A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States [0-944026-33-8] McCusker (not shown in linked source)
"The chart shows an overlay of [year-over-year CPI change in the 1970s with that of 2014 to the present]. ... almost an exact mirror image. The 1974-1975 inflation peak looks very similar on the ...
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The yearslong trend of modest inflation was well-established when Donald Trump took office in January 2017, and many of the pandemic-driven building blocks for soaring prices were already in place ...
The Bureau of Labor Statistics' December Consumer Price Index (CPI) posted a 7.0% year-over-year increase at the end of 2021 in the fastest increase since 1982. This matched consensus estimates ...
For example, the BLS has stated that changes made due to the introduction of the geometric mean formula to account for product substitution (one of the Boskin recommended changes) have lowered the measured rate of inflation by less than 0.3% per year, and the methods now used are commonly employed in the CPIs of developed nations.
That's over $3,500 more than the increase in inflation during that same time period, the Democrats say. JEC's thesis is backed up by other economic data, which also shows that wage growth is now ...