U.S. CPI Average Reaches 4.0 Percent in 2020s Decade
The decade average stands at the highest level since the 1980s and exceeds the 2010s average by more than double. Inflation has remained above 2 percent in most months of the current decade.
financialpost.comS. 0 percent through the present, the highest such average since the 1980s. 8 percent average recorded for the 2010s and exceeds the averages of both the 1990s and 2000s. 1 percent respectively. 0 percent mark in 64 of the 76 months recorded so far in the 2020s.
0 percent in 49 of the 120 months during the 2010s. 9 percent in September 2011. The report concluded that inflation remains above the 2 percent level.
Key Facts
Story Timeline
2 events- June 2022
Monthly CPI reached a decade peak of 9.1 percent.
1 source@KobeissiLetter - September 2011
Monthly CPI peaked at 3.9 percent during the 2010s.
1 source@KobeissiLetter
Potential Impact
- 01
Higher decade-average inflation may influence Federal Reserve interest-rate decisions.
- 02
Wage negotiations could reference the elevated inflation average.
Transparency Panel
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