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US Inflation Calculator
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Current Inflation Rates
The annual inflation rate for the United States was 2.9% for the 12 months ending December, compared to the previous rate increase of 2.7%, according to U.S. Labor Department data published on January 15, 2025. The next inflation update is scheduled for release on February 12 at 8:30 a.m. ET, providing information on the inflation
Rates for I Bonds
This rate includes an inflation component of 2.96% annualized and a fixed rate of 1.30%, with the latter remaining constant throughout the bond's life. In comparison, the previous composite rate was 5.27%, comprising an annualized inflation-adjusted rate of 3.94% and a fixed rate of 1.30%. The revised rate may not appeal equally to all investors.
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
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).