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Historical Inflation Rates
The table displays historical inflation rates with annual figures from 1914 to the present. These inflation rates are calculated using the Consumer Price Index, which is published monthly by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor. The latest BLS data, covering up to December, was released on January 15, 2025.
Gasoline Inflation in The United States
The average price of gasoline fell 3.4% in the 12 months ending December, as compared to the annual decrease of 8.1% in November, according to the most recent inflation data published January 15, 2025, by the U.S. Labor Department's Bureau of Labor Statistics ().Gasoline is an important category reported within the BLS's monthly report on consumer inflation, the Consumer Price Index (CPI).
Core Inflation Rates
The annual core inflation rate for the 12 months ending in December was 3.2%, compared to 3.3% previously, according to a report released by the U.S. Labor Department's Bureau of Labor Statistics (BLS) on January 15, 2025. Core inflation is an important economic indicator that measures the long-term trend in inflation, by excluding volatile items