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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
"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 ...
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)
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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 ...
Even as price pressures eased from the 9.1% peak of the current inflation cycle, last month's reading marked the second-hottest December CPI print since 1981, topped only by 7.1% in December 2021.
In January of each year, Social Security recipients receive a cost of living adjustment (COLA) "to ensure that the purchasing power of Social Security and Supplemental Security Income (SSI) benefits is not eroded by inflation. It is based on the percentage increase in the consumer price index for urban wage earners and clerical workers (CPI-W)".
Inflation has spiked to numbers we haven't seen since the early 1980s. Here are the 4 main causes of the current inflation and how it compares to the past.