Thursday, March 24, 2022

However, if you calculate that there was 7% inflation in 2021 and then 7.9 % so far in 2022 so far this is distressing

this is in reference to this article:


begin quote from:

https://www.usinflationcalculator.com/inflation/current-inflation-rates/#:~:text=The%20annual%20inflation%20rate%20for,at%208%3A30%20a.m.%20ET.

Current US Inflation Rates: 2000-2022

The annual inflation rate for the United States is 7.9% for the 12 months ended February 2022 — the highest since January 1982 and after rising 7.5% previously, according to U.S. Labor Department data published March 10. The next inflation update is scheduled for release on April 12 at 8:30 a.m. ET. It will offer the rate of inflation over the 12 months ended March 2022.

The chart and table below display annual US inflation rates for calendar years from 2000 and 2012 to 2022. (For prior years, see historical inflation rates.) If you would like to calculate accumulated rates between two different dates, use the US Inflation Calculator.

*The latest inflation data (12-month based) is always displayed in the chart’s final column.

Table: Annual Inflation Rates by Month and Year

Since figures below are 12-month periods, look to the December column to find inflation rates by calendar year. For example, the rate of inflation in 2021 was 7.0%.

The last column, “Ave,” shows the average inflation rate for each year using CPI data, which was 4.7% in 2021. They are published by the BLS but are rarely discussed in news media, taking a back seat to a calendar year’s actual rate of inflation.

YearJanFebMarAprMayJunJulAugSepOctNovDecAve
20227.57.9Avail.
April
12
          
20211.41.72.64.25.05.45.45.35.46.26.87.04.7
20202.52.31.50.30.10.61.01.31.41.21.21.41.2
20191.61.51.92.01.81.61.81.71.71.82.12.31.8
20182.12.22.42.52.82.92.92.72.32.52.21.92.4
20172.52.72.42.21.91.61.71.92.22.02.22.12.1
20161.41.00.91.11.01.00.81.11.51.61.72.11.3
2015-0.10.0-0.1-0.20.00.10.20.20.00.20.50.70.1
20141.61.11.52.02.12.12.01.71.71.71.30.81.6
20131.62.01.51.11.41.82.01.51.21.01.21.51.5
20122.92.92.72.31.71.71.41.72.02.21.81.72.1
20111.62.12.73.23.63.63.63.83.93.53.43.03.2
20102.62.12.32.22.01.11.21.11.11.21.11.51.6
200900.2-0.4-0.7-1.3-1.4-2.1-1.5-1.3-0.21.82.7-0.4
20084.34.04.03.94.25.05.65.44.93.71.10.13.8
20072.12.42.82.62.72.72.42.02.83.54.34.12.8
20064.03.63.43.54.24.34.13.82.11.32.02.53.2
20053.03.03.13.52.82.53.23.64.74.33.53.43.4
20041.91.71.72.33.13.33.02.72.53.23.53.32.7
20032.63.03.02.22.12.12.12.22.32.01.81.92.3
20021.11.11.51.61.21.11.51.81.52.02.22.41.6
20013.73.52.93.33.63.22.72.72.62.11.91.62.8
20002.73.23.83.13.23.73.73.43.53.43.43.43.4

  

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