US Inflation Rate (CPI)
Consumer Price Index for All Urban Consumers, seasonally adjusted.
332.41
Index 1982-84=100
Min
21.48
Max
332.41
Average
124.71
10Y Percentile
100%
3M Change
+1.8%
3-Month
+1.8%
6-Month
+2.5%
12-Month
+3.9%
What this means
The CPI is at a historic high and rising, indicating strong inflation pressure. Consumers are seeing higher prices across the board.
In past cycles, such inflation spikes have hurt fixed‑income returns and prompted rate‑rise expectations. Equities and commodities often perform better relative to bonds during these periods.
Frequently Asked Questions
What is the current US inflation rate?
The Consumer Price Index (CPI) measures the average change in prices paid by urban consumers for a basket of goods and services. The current reading is updated monthly by the Bureau of Labor Statistics.
Is inflation going up or down?
Check the trend indicator on this page. We compute 3-month, 6-month, and 12-month momentum to show whether inflation is accelerating, decelerating, or stable.
How does inflation affect my portfolio?
High inflation erodes the real returns of bonds and cash. Historically, commodities and TIPS outperform during sustained inflation, while long-duration bonds underperform. The macro regime context on this page shows how inflation interacts with other economic conditions.