Inflation
In Economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation also reflects an erosion in the purchasing power of money – a loss of real value in the internal medium of exchange and unit of account in the economy
US Historical Average Yearly Inflation Rates 1914-Present
| Year | Inflation Rate |
|---|---|
| 2012 | 2.07% |
| 2011 | 3.16% |
| 2010 | 1.64% |
| 2009 | -0.34% |
| 2008 | 3.85% |
| 2007 | 2.85% |
| 2006 | 3.24% |
| 2005 | 3.39% |
| 2004 | 2.68% |
| 2003 | 2.27% |
| 2002 | 1.59% |
| 2001 | 2.83% |
| 2000 | 3.38% |
| 1999 | 2.19% |
| 1998 | 1.55% |
| 1997 | 2.34% |
| 1996 | 2.93% |
| 1995 | 2.81% |
| 1994 | 2.61% |
| 1993 | 2.96% |
| 1992 | 3.03% |
| 1991 | 4.25% |
| 1990 | 5.39% |
| 1989 | 4.83% |
| 1988 | 4.08% |
| 1987 | 3.66% |
| 1986 | 1.91% |
| 1985 | 3.55% |
| 1984 | 4.30% |
| 1983 | 3.22% |
| 1982 | 6.16% |
| 1981 | 10.35% |
| 1980 | 13.58% |
| 1979 | 11.22% |
| 1978 | 7.62% |
| 1977 | 6.50% |
| 1976 | 5.75% |
| 1975 | 9.20% |
| 1974 | 11.03% |
| 1973 | 6.16% |
| 1972 | 3.27% |
| 1971 | 4.30% |
| 1970 | 5.84% |
| 1969 | 5.46% |
| 1968 | 4.27% |
| 1967 | 2.78% |
| 1966 | 3.01% |
| 1965 | 1.59% |
| 1964 | 1.28% |
| 1963 | 1.24% |
| 1962 | 1.20% |
| 1961 | 1.07% |
| 1960 | 1.46% |
| 1959 | 1.01% |
| 1958 | 2.73% |
| 1957 | 3.34% |
| 1956 | 1.52% |
| 1955 | -0.28% |
| 1954 | 0.32% |
| 1953 | 0.82% |
| 1952 | 2.29% |
| 1951 | 7.88% |
| 1950 | 1.09% |
| 1949 | -0.95% |
| 1948 | 7.74% |
| 1947 | 14.65% |
| 1946 | 8.43% |
| 1945 | 1.64% |
| 1944 | 1.64% |
| 1943 | 6.00% |
| 1942 | 10.97% |
| 1941 | 5.11% |
| 1940 | 0.73% |
| 1939 | -1.30% |
| 1938 | -2.01% |
| 1937 | 3.73% |
| 1936 | 1.04% |
| 1935 | 2.56% |
| 1934 | 3.51% |
| 1933 | -5.09% |
| 1932 | -10.30% |
| 1931 | -8.94% |
| 1930 | -2.66% |
| 1929 | 0.00% |
| 1928 | -1.15% |
| 1927 | -1.92% |
| 1926 | 0.94% |
| 1925 | 2.44% |
| 1924 | 0.45% |
| 1923 | 1.80% |
| 1922 | -6.10% |
| 1921 | -10.85% |
| 1920 | 15.90% |
| 1919 | 15.31% |
| 1918 | 17.26% |
| 1917 | 17.80% |
| 1916 | 7.64% |
| 1915 | 0.92% |
| 1914 | 1.35% |
