United States: inflation

 

 

The graph shows how inflation, as measured by the Consumer Prices Index (CPI), has changed in the US since 1996. Inflation hit a low of 1.55 per cent in 1998 before rising again during the 2000s. In 2008 it peaked at 3.84 per cent, but then plummeted again during the financial crisis as the US entered deflation.

The US has two main measures of inflation – the CPI rate (shown above) and a second measure, the Producer Prices Index (PPI), which measures the average change over time in selling prices of goods and services produced in the country.