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Federal Reserve (USD) •Series ID: WS_LONG_CPI:M:US:771•1914–2026

United States Inflation Rate (CPI YoY %) - Historical Data

Year-on-year percentage change in the headline Consumer Price Index (CPI) for United States from 1914 to 2026, compiled from the BIS Long Consumer Prices archive (WS_LONG_CPI). The latest inflation rate is 3.40% (Aug 2026) compared with the Federal Reserve System official target of 2.0% (PCE Price Index).

Current Statistics & Historical Records

Latest Reading (Aug 2026)
3.40%
Prev (Jul 2026): 3.36%+0.04 pp
Highest Recorded (Jun 1920)
23.67%

Peak consumer price inflation rate in United States (Federal Reserve mandate: 2.0% (PCE Price Index)).

Lowest Recorded (Jun 1921)
-15.79%

Lowest recorded CPI inflation / deflation reading in United States.

Long-Run Mean (1914–2026)
3.27%

113 annual observations · Monthly

Federal Reserve · USD

United States Inflation Rate (CPI YoY %) (1914-2026)

% YoY

Drag to pan, scroll to zoom, or toggle between full archive (1914–2026) and recent monthly observations.

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Source: Bank for International Settlements (BIS) & National Statistical Office (WS_LONG_CPI:M:US:771) Latest: 3.40% (Aug 2026)

United States Inflation Rate Averages by Decade

Decadal mean, peak, and trough across the 1914–2026 archive

DecadeYears CoveredDecade MeanDecade High (Year)Decade Low (Year)
1910s1914–191910.05%17.80% (1917) 0.92% (1915)
1920s1920–19290.15%15.90% (1920) -10.85% (1921)
1930s1930–1939-1.95%3.73% (1937) -10.30% (1932)
1940s1940–19495.66%14.65% (1947) -0.94% (1949)
1950s1950–19592.07%7.88% (1951) -0.28% (1955)
1960s1960–19692.33%5.46% (1969) 1.07% (1961)
1970s1970–19797.09%11.22% (1979) 3.27% (1972)
1980s1980–19895.56%13.58% (1980) 1.91% (1986)
1990s1990–19993.01%5.39% (1990) 1.55% (1998)
2000s2000–20092.57%3.85% (2008) -0.34% (2009)
2010s2010–20191.77%3.15% (2011) 0.12% (2015)
2020s2020–20263.86%8.01% (2022) 1.24% (2020)

Complete Annual Historical Ledger (1914–2026)

Unit: % YoY · Source: Bank for International Settlements (BIS) & National Statistical Office (WS_LONG_CPI:M:US:771)

YearAnnual Value (% YoY)Intra-Year Range (Min – Max)Monetary Regime & Historical Context
20263.30%2.39% – 4.25%-
20252.69%2.31% – 3.01%Post-tightening monetary recalibration across advanced and emerging central banks
20242.95%2.44% – 3.48%G10 policy rates peak and pivot toward gradual monetary normalization
20234.14%2.97% – 6.41%-
20228.01%6.45% – 9.06%Global inflation surge triggers fastest synchronized rate hiking cycle in four decades
20214.69%1.40% – 7.04%-
20201.24%0.12% – 2.49%COVID-19 pandemic emergency rate cuts and record balance sheet expansion
20191.81%1.52% – 2.29%-
20182.44%1.91% – 2.95%-
20172.13%1.63% – 2.74%-
20161.26%0.83% – 2.07%Bank of Japan introduces Yield Curve Control (YCC); post-Brexit BoE easing
20150.12%-0.20% – 0.73%-
20141.62%0.76% – 2.13%ECB and European peers introduce Negative Interest Rate Policy (NIRP)
20131.46%0.96% – 1.98%-
20122.07%1.41% – 2.93%-
20113.15%1.63% – 3.87%European Sovereign Debt Crisis and Swiss franc safe-haven surge
20101.64%1.05% – 2.63%-
2009-0.34%-2.10% – 2.72%-
20083.85%0.09% – 5.60%Global Financial Crisis drives major central banks to the zero lower bound and QE1
20072.85%1.97% – 4.31%-
20063.24%1.31% – 4.32%-
20053.39%2.53% – 4.69%-
20042.68%1.69% – 3.52%-
20032.27%1.77% – 3.02%-
20021.59%1.07% – 2.38%-
20012.83%1.55% – 3.73%Dot-com bust and synchronized G10 monetary easing cycle
20003.38%2.74% – 3.76%-
19992.19%1.61% – 2.68%Launch of the Euro and establishment of the European Central Bank (ECB)
19981.55%1.38% – 1.69%-
19972.34%1.70% – 3.04%Asian Financial Crisis triggers emergency EM currency defense hikes
19962.93%2.65% – 3.32%-
19952.81%2.54% – 3.19%-
19942.61%2.29% – 2.96%Global bond market selloff and pre-emptive Federal Reserve tightening cycle
19932.96%2.68% – 3.26%-
19923.03%2.60% – 3.20%European Exchange Rate Mechanism (ERM) crisis and Black Wednesday
19914.25%2.92% – 5.65%-
19905.39%4.36% – 6.29%German reunification tightening and Japanese asset bubble peak
19894.83%4.34% – 5.36%-
19884.08%3.89% – 4.42%-
19873.66%1.46% – 4.53%Louvre Accord and Black Monday central bank liquidity provision
19861.91%1.10% – 3.89%-
19853.55%3.14% – 3.80%Plaza Accord coordinated G5 currency intervention depreciates USD
19844.30%3.95% – 4.80%-
19833.22%2.46% – 3.90%-
19826.16%3.83% – 8.39%-
198110.35%8.92% – 11.83%Volcker disinflation peak pushes benchmark policy rates to postwar highs
198013.58%12.52% – 14.76%-
197911.22%9.28% – 13.29%Second oil shock; Paul Volcker appointed Federal Reserve Chair
19787.62%6.43% – 9.02%-
19776.50%5.22% – 6.95%-
19765.75%4.86% – 6.72%-
19759.19%6.94% – 11.80%-
197411.03%9.39% – 12.34%First OPEC oil shock triggers global stagflation and steep policy rate hikes
19736.16%3.65% – 8.71%-
19723.27%2.71% – 3.67%-
19714.30%3.27% – 5.29%Nixon Shock suspends USD gold convertibility; Bretton Woods system ends
19705.84%5.41% – 6.18%-
19695.46%4.40% – 6.20%-
19684.27%3.65% – 4.75%-
19672.77%2.43% – 3.46%-
19663.01%1.92% – 3.79%Credit crunch of 1966 and monetary tightening
19651.58%0.97% – 1.94%-
19641.28%0.97% – 1.64%-
19631.24%0.99% – 1.64%-
19621.20%0.67% – 1.34%-
19611.07%0.67% – 1.71%-
19601.46%1.02% – 1.73%-
19591.01%0.35% – 1.73%-
19582.73%1.76% – 3.62%Eisenhower recession and global monetary easing
19573.34%2.90% – 3.73%-
19561.52%0.37% – 2.99%-
1955-0.28%-0.74% – 0.37%-
19540.32%-0.74% – 1.51%Post-Korean War Federal Reserve policy rate normalization
19530.82%0.37% – 1.14%-
19522.29%0.75% – 4.33%-
19517.88%6.00% – 9.36%-
19501.09%-2.08% – 5.93%-
1949-0.94%-2.87% – 1.71%-
19487.74%2.99% – 10.23%-
194714.65%8.45% – 19.67%-
19468.43%1.69% – 18.13%-
19452.27%1.71% – 2.84%-
19441.64%0.00% – 2.96%-
19436.00%2.96% – 8.07%-
194210.97%9.03% – 13.19%-
19415.11%0.71% – 10.00%-
19400.72%-0.71% – 2.17%-
1939-1.30%-2.82% – 0.00%-
1938-2.01%-4.11% – 0.71%-
19373.73%2.17% – 5.11%-
19361.03%-0.72% – 2.19%-
19352.56%0.74% – 3.76%-
19343.51%1.52% – 5.56%-
1933-5.09%-10.00% – 0.76%-
1932-10.30%-10.74% – -9.93%-
1931-8.94%-10.37% – -7.02%-
1930-2.65%-6.40% – 0.59%-
19290.00%-1.17% – 1.17%-
1928-1.15%-2.84% – 0.00%-
1927-1.92%-3.35% – -0.56%-
19260.94%-1.69% – 4.07%-
19252.44%0.00% – 4.65%-
19240.45%-0.58% – 2.98%-
19231.80%-0.59% – 3.61%-
1922-6.10%-11.05% – -2.31%-
1921-10.85%-15.79% – -1.55%-
192015.90%2.65% – 23.67%-
191915.31%13.12% – 17.86%-
191817.26%12.70% – 20.74%-
191717.80%12.50% – 20.37%-
19167.64%2.97% – 12.62%-
19150.92%-0.98% – 2.04%-
19141.35%0.00% – 3.03%-

Frequently Asked Questions - United States Inflation Rate

What is the current inflation rate in United States?

As of Aug 2026, headline consumer price inflation in United States is 3.40% year-on-year, compared to the Federal Reserve target of 2.0% (PCE Price Index).

What was the highest inflation rate recorded in United States?

In the 1914-2026 series, United States CPI inflation peaked at 23.67% in Jun 1920 and reached a low of -15.79% in Jun 1921.

Statistical Provenance

Source Metadata & Methodology Notes

Primary Institution:
Bank for International Settlements (BIS) & National Statistical Office
Dataset / Dataflow:
BIS Long Series on Consumer Prices (WS_LONG_CPI)
Canonical Series ID:
WS_LONG_CPI:M:US:771
  • Unit of measure: Year-on-year percentage change in headline consumer price index (UNIT_MEASURE=771).
  • Central bank benchmark target: 2.0% (PCE Price Index) (Federal Reserve System).
  • Annual table values represent annual average inflation across each calendar year.
Academic & Media Attribution

Cite This Dataset (APA & BibTeX)

APA 7th Edition
CentralBankData.com. (2026). United States Inflation Rate (CPI YoY %), compiled from Bank for International Settlements (WS_LONG_CPI:M:US:771). https://centralbankdata.com/us-inflation-rate
BibTeX
@misc{cbd_cpi_us,
  author = {CentralBankData.com},
  title = {United States Consumer Price Inflation Rate},
  note = {Compiled from Bank for International Settlements WS_LONG_CPI:M:US:771},
  year = {2026},
  url = {https://centralbankdata.com/us-inflation-rate}
}
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