Release alerts
Get USD Inflation Rate (CPI/HICP) alerts
Enter an email and FXMacroData will notify you when selected official-source macro releases are published.
United States Inflation Rate (CPI/HICP)
United States's headline Consumer Price Index (CPI) measures the monthly change in the price level of a representative basket of consumer goods and services. It is the primary inflation measure monitored by the Federal Reserve.
- Latest
- --
- Reference date
- --
- Previous
- --
- Change
- --
Why Inflation Rate (CPI/HICP) matters for USD
Central banks, including the Federal Reserve, set policy rates in response to inflation. An above-target CPI print increases the probability of a rate hike, which is typically usd-positive, while below-target inflation raises rate-cut odds and can weaken the currency.
How to interpret this series
An inflation reading above consensus or above the Federal Reserve's target band is hawkish and supports the usd. A downside surprise is dovish and tends to weigh on the currency, particularly when inflation has been trending lower for several months.
Historical Inflation Rate (CPI/HICP)
Source: BLS. Cadence: Monthly. Unit: %YoY. History from 1999-01-31 (27.4 years).
Recent announcements
Each release gets a durable child page so data, forecast, previous value, and raw fields can be cited directly.
Related United States indicators
Move to adjacent releases in the same macro category.
Building Permits
Number of new residential construction permits authorized, a leading indicator of future housing activity and economic growth.
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Core Inflation
CPI excluding volatile items like food and energy.
Core Inflation MoM
Month-over-month change in core consumer prices (excluding food and energy), tracking underlying inflation trends.
Current Account Balance
Measures trade in goods and services and income flows.
Durable Goods Orders
Measures new orders placed with domestic manufacturers for delivery of long-lasting goods.
Government Debt
Total outstanding debt obligations of the central government, indicating fiscal sustainability and public sector borrowing requirements.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
House Price Index
Measures changes in residential property prices over time, reflecting housing market conditions and consumer wealth.
Common questions
Editorial context for readers and AI agents using this page as a cited country indicator source.
What is the Federal Reserve's inflation target?
Most major central banks target annual inflation near 2%. Check the Federal Reserve's current monetary policy statement for the official target.
How is headline CPI different from core CPI?
Headline CPI includes all items, notably food and energy, which are volatile. Core CPI strips these out to give a cleaner read of underlying price pressure.
Which currency endpoint serves United States CPI data?
Historical CPI data for United States is available at /api/v1/announcements/usd/inflation.