US Core Inflation Rate : 3.32% (As of 2024-11-01)
Historical Data
Basic Info
US Core Inflation Rate was 3.32 as of 2024-11-01, according to GuruFocus. Historically, US Core Inflation Rate reached a record high of 13.59 and a record low of 0.61, the median value is 2.78. Typical value range is from 1.45 to 4.47. The Year-Over-Year growth is -17.16%. GuruFocus provides the current actual value, an historical data chart and related indicators for US Core Inflation Rate - last updated on 2024-11-01.
US Core Inflation, measured year-over-year by indicators such as the CPI or PCE price index, excludes food and energy prices due to their volatility.
To calculate the core inflation rate, you essentially calculate the inflation rate using a basket of goods and services that excludes food and energy prices, as these items can be highly volatile, providing a more stable measure of underlying inflation trends; this is typically done by using the Consumer Price Index (CPI) or Personal Consumption Expenditures (PCE) price index, excluding food and energy components, and then calculating the percentage change between periods.
Category | International Data |
Region | USA |
Source | GuruFocus |
Stats
Name | Value | ||
---|---|---|---|
Last Value | 3.32% | ||
Latest Period | 2024-11-01 | ||
Long Term Average | 2.96% | ||
Average Annualized Growth Rate | +0.07% | ||
Value from 1 year ago | 4.01% | ||
Change from 1 year ago | -17.21% | ||
Frequency | Daily | ||
Unit | % |