Consumer prices in the US increased 0.2% month-over-month in November of 2020, higher than a flat reading in October and expectations of 0.1% amid broad-based gains. The indexes for lodging away from home (3.9%), household furnishings and operations (0.7%), recreation (0.4%), apparel (0.9%), airline fares (3.5%), and motor vehicle insurance (1.1%) all increased while cost for for used cars and trucks (-1.3%), medical care (-0.1%), and new vehicles (-0.1%) all declined. The food index also went down (-0.1%), as a decrease in the food at home index (-0.3%) more than offset a small increase in the food away from home index (0.1%). The index for energy rose (0.4%), as increases in indexes for natural gas (3.1%) and electricity (0.5%) more than offset a decline in the index for gasoline (-0.4%). source: U.S. Bureau of Labor Statistics
Inflation Rate Mom in the United States averaged 0.28 percent from 1950 until 2020, reaching an all time high of 1.80 percent in February of 1951 and a record low of -1.80 percent in November of 2008. This page provides - United States Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Inflation Rate Mom in the United States is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in the United States to stand at 0.30 in 12 months time. In the long-term, the United States Inflation Rate MoM is projected to trend around 0.60 percent in 2021 and 0.70 percent in 2022, according to our econometric models.