In 2007 the Bureau of Labor Statistics began publishing the index to three decimal places.
For more information see "What is the Difference between Inflation and the Consumer Price Index?"
We can calculate the Current Annual Inflation Rate by determining the rate of change for exactly one year and expressing it as a percent. This is done by taking the current CPI-U Index and subtracting the Consumer Price index from a year ago and dividing the result by the Consumer Price index from a year ago. See How to Calculate the Inflation Rate for more information. Or you may use our proprietary Inflation Calculator.
Our Historical Inflation Data is calculated to two decimal places while the government only calculates to one decimal place. Our data provides a "finer" view. The government may say the rate for two consecutive months was 3.2% while our data may show it as 3.15% and 3.24% respectively.
Our Projected Inflation Rate is our projection of the future direction and magnitude of the inflation rate based on our proprietary Moore Inflation Predictor©.
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Other Helpful Links:
- Consumer Price Index (CPI) Release Dates
- Bureau of Labor Statistics: A Massive information source for all Government generated data including the Consumer Price Index but a bit difficult to navigate.
- Current Value of Old Money Page: About one page down it contains a great list of resources.
- What is Hyperinflation?
- Inflation Charts
- Key Inflation Articles
For the complete database text and tables of the detailed consumer price index for all Urban Consumers see CPI-U U.S. City average.
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