Consumer Price Index (CPI) – October 2016 The Urban CPI increased by 7.4 percent on annual basis and increased by 1.4 percent on a monthly basis. The annual average rate between October2016 and October2015 is 5.4percent.
Contents
What was CPI in 2015?
0.7 percent
The CPI rose 0.7 percent in 2015, a slightly smaller increase than the 0.8 percent rise in 2014 and the second smallest December-December increase in the last 50 years. The index has increased at a 1.9 percent annual rate over the last 10 years.
What was the CPI rate for 2017?
Index reference base – 2011–12
| Year | 31 March | 30 June |
|---|---|---|
| 2017 | 110.5 | 110.7 |
| 2016 | 108.2 | 108.6 |
| 2015 | 106.8 | 107.5 |
| 2014 | 105.4 | 105.9 |
What is the average CPI for 2020?
The all items CPI-U rose 1.4 percent in 2020. This was smaller than the 2019 increase of 2.3 percent and the smallest December-to-December increase since the 0.7-percent rise in 2015. The index rose at a 1.7- percent average annual rate over the last 10 years.
What was the CPI in 2018?
1.9 percent
The all items CPI rose 1.9 percent in 2018, a smaller increase than the 2.1 percent increase in 2016 and 2017, but larger than the increases in any of the years from 2012 to 2015. It was also slightly larger than the 1.8-percent average annual increase over the past 10 years.
What is the CPI for 2021?
Different agencies’ predictions differ, but most put US CPI inflation within the range of 1.6% to 2.8% percent in 2021 and around 2% in 2022. Almost all agencies concur in predicting that CPI inflation will decrease in 2022 compared to 2021.
What was the CPI for 2013?
2013 CPI and Inflation Rate for the United States
| Month | CPI |
|---|---|
| 2013-09-01 | 234.149 |
| 2013-10-01 | 233.546 |
| 2013-11-01 | 233.069 |
| 2013-12-01 | 233.049 |
What is the CPI rate for July 2021?
2.1%
Figure 1: Annual CPIH inflation eased to 2.1% in July 2021
The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 2.1% in the 12 months to July 2021, down from 2.4% to June.
What was the CPI in 2010?
1.5 percent
Over the last 12 months, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.5 percent before seasonal adjustment. The rate of increase in the CPI slowed in 2010, as the December-to-December increase fell from 2.7 percent in 2009 to 1.5 percent in 2010.
What was the CPI in 1979?
CPI-U Base year is chained; 1982-1984 = 100
| Year | Annual Average | Annual Percent Change (rate of inflation) |
|---|---|---|
| 1978 | 65.2 | 7.6% |
| 1979 | 72.6 | 11.3% |
| 1980 | 82.4 | 13.5% |
| 1981 | 90.9 | 10.3% |
What is a good CPI rate?
2% to 3%
Among the general public, the CPI is often seen as a barometer of overall economic health, with most commentators preferring a low to moderate CPI in the 2% to 3% range.
What is causing inflation 2021?
Less money spent on travel or experiences, combined with stimulus funds, has driven many Americans to buy more consumer goods. That, combined with supply chain problems decades in the making and exacerbated by the pandemic, has led to the current, precipitous rise in inflation.
What is the CPI for September 2021?
The CPI inflation rate was 3.1% in September 2021, down from 3.2% in August. Part of this decrease was due to 0.4% of old m/m inflation dropping out (August-September 2020), often referred to as a “base effect”.
What was the CPI in 2012?
Consumer Price Index increases 1.7 percent in 2012
| Month | Percent change |
|---|---|
| Dec 2011 | 3.0 |
| Jan 2012 | 2.9 |
| Feb 2012 | 2.9 |
| Mar 2012 | 2.7 |
What was CPI in December 2019?
2.3 percent
Year in Review (December to December) The all items CPI rose 2.3 percent in 2019. This was larger than the 2018 increase of 1.9 percent and the largest advance since the 3.0-percent rise in 2011. The index rose at a 1.8-percent average annual rate over the last 10 years.
What is the CPI for 2022?
In the long-term, the United States Consumer Price Index (CPI) is projected to trend around 286.31 points in 2022 and 291.75 points in 2023, according to our econometric models.
What is the CPI for the last 12 months?
6.8 percent
Not seasonally adjusted CPI measures
The Consumer Price Index for All Urban Consumers (CPI-U) increased 6.8 percent over the last 12 months to an index level of 277.948 (1982-84=100). For the month, the index increased 0.5 percent prior to seasonal adjustment.
Is CPI the same as inflation?
Inflation is an increase in the level of prices of the goods and services that households buy.The most well-known indicator of inflation is the Consumer Price Index (CPI), which measures the percentage change in the price of a basket of goods and services consumed by households.
What is the CPI rate for 2014?
0.8 percent
The CPI rose 0.8 percent in 2014 after a 1.5 percent increase in 2013. This is the second-smallest December-December increase in the last 50 years, trailing only the 0.1 percent increase in 2008. It is considerably lower than the 2.1 percent average annual increase over the last ten years.
What is the CPI rate for August 2021?
3.2%
The UK’s inflation rate in August 2021, as measured by the CPI, was 3.2%.
Should I use CPI or RPI?
RPI includes housing cost such as the mortgage interest payments which is not in the case of CPI computation. CPI is considered to be a lead indicator of inflation and thus has more relevance as compared to RPI.