| The
Current US Consumer Price Index - All Urban
Consumers (CPI-U) is compiled by the Bureau
of Labor Statistics monthly and is based
upon a 1984 base of 100. An Index of 185
indicates 85% inflation since 1984 (actually
the average of 1982-1984). Since this is an
index it only tells you the total inflation
since the base year. See the
Historical
CPI-U for comparisons since 1913. An
index of 9.8 in 1913 indicates that prices
multiplied over ten times from 1913 to 1982.
It as doubled again from 1982 to 2006 when
the index topped 200. 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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keep you up-to-date on what is happening in
the area of inflation, interest rates and
market trends.
Other Helpful Links:
For the complete database text and tables of the
detailed consumer price index for all Urban Consumers see
CPI-U U.S. City average. |
