Monthly US Inflation Rate 1914 to Present

The following table presents the monthly inflation rate, i.e. the rate of increase (or decrease) in the basket of goods and services tracked by the U.S. Bureau of Labor Statistics over the last month.

Typically when we talk about inflation we are talking about the change in prices (price inflation) on a yearly or annual basis, i.e. how much prices have changed since last year. 

This table presents the data on a monthly basis (i.e. how much prices have changed since last month).

Although these are the components of the Annual inflation rate, since inflation compounds,  the annual inflation rate is not just adding the monthly inflation rates. But looking at the monthly rates can give you some perspective on how the Annual rate is going. You will also notice things like the fact that the last quarter of the year is more likely to have deflation while the first quarter is more likely to be highly inflationary. See How Do I Calculate the Inflation Rate? for more information on calculating inflation.
See: annual inflation rates for what is normally considered "the  Inflation Rate".  

This data is based on the historical CPI-U data from the Bureau of Labor Statistics. Typically monthly inflation is a fraction of a percent although when inflation is particularly bad it can be a whole percentage point or more. During Hyperinflation it can be 10% or even hundreds of percent. But rates are not sustainable and usually result in a massive cha

For historical annual inflation rates , historical Consumer Price Indexes

Monthly Inflation Rate Table

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1913 NA 0.00% 0.00% 0.00% (1.02%) 1.03% 1.02% 0.00% 1.01% 0.00% 1.00% (0.99%)
1914 0.00% (1.00%) 0.00% (1.01%) 1.02% 0.00% 1.01% 2.00% 0.00% (0.98%) 0.99% (0.98%)
1915 0.00% (0.99%) (1.00%) 1.01% 1.00% 0.00% 0.00% 0.00% 0.00% 0.99% 0.98% 0.00%
1916 0.97% 0.00% 0.96% 0.95% 0.94% 0.93% 0.00% 0.93% 1.83% 1.80% 1.77% 0.87%
1917 0.86% 2.56% 0.00% 5.00% 1.59% 1.56% (1.54%) 1.56% 2.31% 1.50% 0.00% 1.48%
1918 2.19% 0.71% (0.71%) 1.43% 2.11% 1.38% 2.72% 1.99% 1.95% 1.91% 1.88% 1.23%
1919 0.00% (1.82%) 1.23% 1.83% 1.20% 0.00% 2.96% 1.72% 0.56% 1.69% 2.21% 2.16%
1920 2.12% 1.04% 1.03% 3.05% 1.48% 1.46% (0.48%) (2.40%) (1.48%) (0.50%) (0.50%) (2.02%)
1921 (2.06%) (3.16%) (0.54%) (1.09%) (2.21%) (0.56%) 0.57% 0.00% (1.13%) 0.00% (0.57%) (0.57%)
1922 (2.31%) 0.00% (1.18%) 0.00% 0.00% 0.00% 0.60% (1.19%) 0.00% 0.60% 0.60% 0.60%
1923 (0.59%) 0.00% 0.00% 0.60% 0.00% 0.59% 1.18% (0.58%) 0.58% 0.58% 0.00% 0.00%
1924 0.00% (0.58%) (0.58%) (0.58%) 0.00% 0.00% 0.59% (0.58%) 0.59% 0.58% 0.00% 0.58%
1925 0.00% (0.58%) 0.58% (0.58%) 0.58% 1.16% 1.14% 0.00% 0.00% 0.00% 1.69% (0.56%)
1926 0.00% 0.00% (0.56%) 0.56% (0.56%) (0.56%) (1.13%) (0.57%) 0.57% 0.57% 0.57% 0.00%
1927 (1.13%) (0.57%) (0.57%) 0.00% 0.58% 1.15% (1.70%) (0.58%) 0.58% 0.58% (0.57%) 0.00%
1928 0.00% (1.16%) 0.00% 0.00% 0.58% (0.58%) 0.00% 0.00% 1.17% (0.58%) 0.00% (0.58%)
1929 0.00% 0.00% (0.58%) (0.59%) 0.59% 0.59% 1.17% 0.00% 0.00% 0.00% 0.00% (0.58%)
1930 (0.58%) (0.58%) (0.59%) 0.59% (0.59%) (0.59%) (1.19%) (0.60%) 0.61% (0.60%) (0.61%) (1.83%)
1931 (1.24%) (1.26%) (0.64%) (0.64%) (1.29%) (1.31%) 0.00% 0.00% (0.66%) (0.67%) (1.34%) (0.68%)
1932 (2.05%) (1.40%) (0.71%) (0.71%) (1.44%) (0.73%) 0.00% (0.74%) (0.74%) (0.75%) (0.75%) (0.76%)
1933 (1.53%) (1.55%) (0.79%) 0.00% 0.00% 0.79% 3.15% 0.76% 0.00% 0.00% 0.00% 0.00%
1934 0.00% 0.76% 0.00% 0.00% 0.00% 0.75% 0.00% 0.00% 1.49% (0.74%) 0.00% (0.74%)
1935 1.49% 0.74% 0.00% 0.73% 0.00% (0.72%) 0.00% 0.00% 0.00% 0.00% 0.73% 0.00%
1936 0.00% 0.00% (0.72%) 0.00% 0.00% 0.73% 0.72% 0.72% 0.00% 0.00% 0.00% 0.00%
1937 0.71% 0.00% 0.71% 0.70% 0.70% 0.00% 0.69% 0.00% 0.69% 0.00% (0.68%) (0.69%)
1938 (1.39%) (0.70%) 0.00% 0.71% (0.70%) 0.00% 0.00% 0.00% 0.00% (0.71%) 0.00% 0.00%
1939 0.00% (0.71%) 0.00% (0.72%) 0.00% 0.00% 0.00% 0.00% 2.17% (0.71%) 0.00% 0.00%
1940 (0.71%) 0.72% 0.00% 0.00% 0.00% 0.71% (0.71%) 0.00% 0.00% 0.00% 0.00% 0.71%
1941 0.00% 0.00% 0.71% 0.70% 0.70% 2.08% 0.00% 1.36% 1.34% 1.32% 0.65% 0.65%
1942 1.29% 0.64% 1.27% 0.63% 1.24% 0.00% 0.61% 0.61% 0.00% 1.21% 0.60% 0.60%
1943 0.00% 0.00% 1.78% 1.16% 0.57% 0.00% (0.57%) (0.57%) 0.58% 0.00% 0.00% 0.00%
1944 0.00% 0.00% 0.00% 0.57% 0.00% 0.57% 0.57% 0.00% 0.00% 0.00% 0.00% 0.56%
1945 0.00% 0.00% 0.00% 0.00% 0.56% 1.12% 0.00% 0.00% 0.00% 0.00% 0.00% 0.55%
1946 0.00% (0.55%) 1.10% 0.55% 0.54% 1.08% 5.88% 2.02% 0.99% 1.96% 2.40% 0.94%
1947 0.00% 0.00% 1.86% 0.00% 0.00% 0.46% 0.91% 1.35% 2.22% 0.00% 0.43% 1.30%
1948 1.28% (0.84%) (0.43%) 1.71% 0.42% 0.84% 1.24% 0.41% 0.00% (0.41%) (0.82%) (0.41%)
1949 (0.41%) (0.83%) 0.00% 0.42% (0.42%) 0.42% (0.84%) 0.42% 0.42% (0.84%) 0.42% (0.84%)
1950 (0.42%) 0.00% 0.43% 0.00% 0.42% 0.42% 1.26% 0.83% 0.41% 0.82% 0.41% 1.21%
1951 1.60% 1.18% 0.39% 0.00% 0.39% 0.00% 0.00% 0.00% 0.77% 0.38% 0.76% 0.38%
1952 0.00% (0.75%) 0.00% 0.38% 0.00% 0.38% 0.75% 0.00% 0.00% 0.00% 0.00% 0.00%
1953 (0.37%) (0.38%) 0.38% 0.00% 0.38% 0.37% 0.00% 0.37% 0.00% 0.37% (0.37%) 0.00%
1954 0.00% 0.00% 0.00% (0.37%) 0.37% 0.00% 0.00% 0.00% (0.37%) 0.00% 0.00% (0.37%)
1955 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.37% 0.00% 0.37% 0.00% 0.00% (0.37%)
1956 0.00% 0.00% 0.00% 0.37% 0.37% 0.74% 0.74% (0.36%) 0.37% 0.36% 0.00% 0.36%
1957 0.00% 0.36% 0.36% 0.36% 0.36% 0.36% 0.71% 0.00% 0.00% 0.00% 0.35% 0.00%
1958 0.70% 0.00% 0.70% 0.35% 0.00% 0.00% 0.35% (0.34%) 0.00% 0.00% 0.35% (0.34%)
1959 0.35% (0.34%) 0.00% 0.35% 0.00% 0.34% 0.34% 0.00% 0.34% 0.34% 0.00% 0.00%
1960 (0.34%) 0.34% 0.00% 0.34% 0.00% 0.34% 0.00% 0.00% 0.00% 0.68% 0.00% 0.00%
1961 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.67% (0.33%) 0.33% 0.00% 0.00% 0.00%
1962 0.00% 0.33% 0.00% 0.33% 0.00% 0.00% 0.33% 0.00% 0.33% 0.00% 0.00% 0.00%
1963 0.00% 0.00% 0.33% 0.00% 0.00% 0.33% 0.33% 0.00% 0.00% 0.33% 0.00% 0.32%
1964 0.00% 0.00% 0.00% 0.00% 0.00% 0.32% 0.32% (0.32%) 0.32% 0.00% 0.32% 0.00%
1965 0.00% 0.00% 0.32% 0.32% 0.00% 0.64% 0.00% 0.00% 0.00% 0.32% 0.00% 0.32%
1966 0.00% 0.63% 0.31% 0.62% 0.00% 0.31% 0.31% 0.62% 0.00% 0.61% 0.00% 0.00%
1967 0.00% 0.00% 0.30% 0.30% 0.30% 0.30% 0.30% 0.30% 0.30% 0.30% 0.30% 0.30%
1968 0.59% 0.29% 0.29% 0.29% 0.29% 0.58% 0.58% 0.29% 0.29% 0.57% 0.28% 0.28%
1969 0.28% 0.56% 0.84% 0.55% 0.28% 0.55% 0.55% 0.54% 0.27% 0.54% 0.54% 0.53%
1970 0.27% 0.53% 0.53% 0.79% 0.26% 0.52% 0.52% 0.00% 0.51% 0.51% 0.51% 0.51%
1971 0.00% 0.25% 0.25% 0.25% 0.50% 0.74% 0.25% 0.25% 0.00% 0.25% 0.00% 0.49%
1972 0.00% 0.49% 0.24% 0.24% 0.24% 0.24% 0.48% 0.24% 0.24% 0.48% 0.24% 0.24%
1973 0.24% 0.70% 0.93% 0.69% 0.69% 0.68% 0.23% 1.81% 0.22% 0.88% 0.66% 0.65%
1974 0.87% 1.29% 1.27% 0.42% 1.25% 0.82% 0.82% 1.21% 1.20% 0.99% 0.78% 0.78%
1975 0.39% 0.77% 0.38% 0.38% 0.57% 0.75% 1.12% 0.18% 0.55% 0.55% 0.73% 0.36%
1976 0.18% 0.36% 0.18% 0.36% 0.71% 0.53% 0.53% 0.53% 0.35% 0.52% 0.17% 0.34%
1977 0.52% 1.03% 0.68% 0.84% 0.50% 0.66% 0.49% 0.33% 0.33% 0.33% 0.49% 0.32%
1978 0.64% 0.64% 0.79% 0.79% 0.94% 1.09% 0.77% 0.46% 0.76% 0.90% 0.45% 0.45%
1979 0.89% 1.17% 1.01% 1.15% 1.27% 1.12% 1.11% 0.96% 1.08% 0.80% 0.93% 1.05%
1980 1.43% 1.41% 1.52% 1.12% 0.99% 1.10% 0.00% 0.73% 0.84% 0.95% 0.83% 0.94%
1981 0.81% 1.03% 0.68% 0.68% 0.79% 0.89% 1.10% 0.76% 0.98% 0.21% 0.32% 0.32%
1982 0.32% 0.32% (0.11%) 0.42% 0.95% 1.25% 0.52% 0.21% 0.20% 0.31% (0.20%) (0.41%)
1983 0.20% 0.10% 0.00% 0.72% 0.61% 0.30% 0.40% 0.30% 0.50% 0.30% 0.20% 0.10%
1984 0.59% 0.49% 0.20% 0.49% 0.29% 0.29% 0.39% 0.38% 0.48% 0.29% 0.00% 0.00%
1985 0.19% 0.47% 0.38% 0.47% 0.37% 0.28% 0.19% 0.19% 0.28% 0.37% 0.28% 0.28%
1986 0.27% (0.27%) (0.46%) (0.18%) 0.28% 0.55% 0.00% 0.18% 0.46% 0.09% 0.09% 0.09%
1987 0.63% 0.36% 0.45% 0.54% 0.35% 0.35% 0.26% 0.53% 0.52% 0.26% 0.09% 0.00%
1988 0.26% 0.26% 0.43% 0.52% 0.34% 0.43% 0.42% 0.42% 0.67% 0.33% 0.08% 0.17%
1989 0.50% 0.41% 0.58% 0.65% 0.57% 0.24% 0.24% 0.16% 0.32% 0.48% 0.24% 0.16%
1990 1.03% 0.47% 0.55% 0.16% 0.23% 0.54% 0.38% 0.92% 0.84% 0.60% 0.22% 0.00%
1991 0.60% 0.15% 0.15% 0.15% 0.30% 0.29% 0.15% 0.29% 0.44% 0.15% 0.29% 0.07%
1992 0.15% 0.36% 0.51% 0.14% 0.14% 0.36% 0.21% 0.28% 0.28% 0.35% 0.14% (0.07%)
1993 0.49% 0.35% 0.35% 0.28% 0.14% 0.14% 0.00% 0.28% 0.21% 0.41% 0.07% 0.00%
1994 0.27% 0.34% 0.34% 0.14% 0.07% 0.34% 0.27% 0.40% 0.27% 0.07% 0.13% 0.00%
1995 0.40% 0.40% 0.33% 0.33% 0.20% 0.20% 0.00% 0.26% 0.20% 0.33% (0.07%) (0.07%)
1996 0.59% 0.32% 0.52% 0.39% 0.19% 0.06% 0.19% 0.19% 0.32% 0.32% 0.19% 0.00%
1997 0.32% 0.31% 0.25% 0.12% (0.06%) 0.12% 0.12% 0.19% 0.25% 0.25% (0.06%) (0.12%)
1998 0.19% 0.19% 0.19% 0.18% 0.18% 0.12% 0.12% 0.12% 0.12% 0.24% 0.00% (0.06%)
1999 0.24% 0.12% 0.30% 0.73% 0.00% 0.00% 0.30% 0.24% 0.48% 0.18% 0.06% 0.00%
2000 0.30% 0.59% 0.82% 0.06% 0.12% 0.52% 0.23% 0.00% 0.52% 0.17% 0.06% (0.06%)
2001 0.63% 0.40% 0.23% 0.40% 0.45% 0.17% (0.28%) 0.00% 0.45% (0.34%) (0.17%) (0.39%)
2002 0.23% 0.40% 0.56% 0.56% 0.00% 0.06% 0.11% 0.33% 0.17% 0.17% 0.00% (0.22%)
2003 0.44% 0.77% 0.60% (0.22%) (0.16%) 0.11% 0.11% 0.38% 0.33% (0.11%) (0.27%) (0.11%)
2004 0.49% 0.54% 0.64% 0.32% 0.59% 0.32% (0.16%) 0.05% 0.21% 0.53% 0.05% (0.37%)
2005 0.21% 0.58% 0.78% 0.67% (0.10%) 0.05% 0.46% 0.51% 1.22% 0.20% (0.80%) (0.40%)
2006 0.76% 0.20% 0.55% 0.85% 0.50% 0.20% 0.30% 0.20% (0.49%) (0.54%) (0.15%) 0.15%
2007 0.31% 0.54% 0.91% 0.65% 0.61% 0.19% (0.03%) (0.18%) 0.28% 0.21% 0.59% (0.07%)
2008 0.50% 0.29% 0.87% 0.61% 0.84% 1.01% 0.53% (0.40%) (0.14%) (1.01%) (1.92%) (1.03%)
2009 0.44% 0.50% 0.24% 0.25% 0.29% 0.86% (0.16%) 0.22% 0.06% 0.10% 0.07% (0.18%)
2010 0.34% 0.02% 0.41% 0.17% 0.08% (0.10%) 0.02% 0.14% 0.06% 0.12% 0.04% 0.17%
2011 0.48% 0.49% 0.98% 0.64% 0.47% (0.11%) 0.09% 0.28% 0.15% (0.21%) (0.08%) (0.25%)
2012 0.44% 0.44% 0.76% 0.30% (0.12%) (0.15%) (0.16%) 0.56% 0.45% (0.04%) (0.47%) (0.27%)
2013 0.30% 0.82% (0.10%)                  
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

 

About Tim McMahon

Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education. Connect with Tim on Google+

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