Inflation Information

It is important to understand the relationship between prices and inflation. Real prices in the United States are derived by accounting for the effects of inflation, or changes in purchasing power of US dollars over time. For example, in 1976 a gallon of unleaded gasoline could have been pur ... more

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Actual and Inflation Adjusted Historical Gasoline Prices in the US

The following chart shows actual and inflation adjusted prices for a gallon of unleaded gasoline in the US over time. It is interesting to note that during the oil embargo of the early 1980’s, inflation adjusted prices of unleaded gasoline were actually as high as they were in 2007. However, ... more

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What is Inflation?

Inflation is an increase in the prices of goods and services in the economy over time. In the United States, prices are typically tracked and measured by the Consumer Price Index. The Consumer Price Index – CPI - tracks price movements of a “basket” of goods and services that is t ... more

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What is the average Inflation Rate in the US?

The average inflation rate measures real upward price movements in goods and services in the economy. Inflation rates are typically tracked, measured, and reported on quarterly and annually. The inflation rate fluctuates considerably from year to year. There have been times in the United States whe ... more

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Historical Average Annual Inflation Rate Chart

Historical US average inflation rates are tracked by the US Government and a host of organizations that compile and publish economic and inflation statistics. Annual inflation rate information is presented here on an annualized basis. The annual inflation rates are given as average inflation rates ... more

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