Projected Annual Inflation Rate in the United States From 2010 to 2028

[Ed. Note: We’ll be revisiting this prediction in the future. I think it’s going to age like fine milk.]

from Statista.com

The inflation rate in the United States is expected to decrease to 2.1 percent by 2028. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages. The base period was 1982-84. In economics, the inflation rate is a measurement of inflation, the rate of increase of a price index (in this case: consumer price index). It is the percentage rate of change in prices level over time. The rate of decrease in the purchasing power of money is approximately equal. According to the forecast, prices will increase by 4.5 percent in 2023.

The annual inflation rate for previous years can be found here and the consumer price index for all urban consumers here.

The monthly inflation rate for the United States can also be accessed here.

Continue Reading at Statista.com…