The CPI in the US increased 0.3% month-over-month in November 2024, the most since April, slightly above October's 0.2% and in line with market expectations. The index for shelter rose 0.3% (vs 0.4% in October), accounting for nearly forty percent of the monthly all items increase. Food prices went up 0.4% (vs 0.2%) and energy went up 0.2%, ked by gasoline (0.6%)fuel oil (0.6%) and natural gas (1%). Other increases were seen in prices for used cars and trucks (2% vs 2.7%), household furnishings and operations (0.6%), medical care (0.4% vs 0.4%), new vehicles (0.6% vs 0%), and recreation. The index for communication on the other hand, was down 1%. source: U.S. Bureau of Labor Statistics

The Consumer Price Index in the United States increased 0.30 percent in November of 2024 over the previous month. Inflation Rate MoM in the United States averaged 0.29 percent from 1947 until 2024, reaching an all time high of 2.00 percent in September of 1947 and a record low of -1.80 percent in November of 2008. This page provides - United States Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.

The Consumer Price Index in the United States increased 0.30 percent in November of 2024 over the previous month. Inflation Rate MoM in the United States is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-13 01:30 PM
Inflation Rate MoM
Oct 0.2% 0.2% 0.2% 0.2%
2024-12-11 01:30 PM
Inflation Rate MoM
Nov 0.3% 0.2% 0.3% 0.3%
2025-01-15 01:30 PM
Inflation Rate MoM
Dec 0.3% 0.3% 0.4%


Related Last Previous Unit Reference
CPI 315.49 315.66 points Nov 2024
Core Consumer Prices 322.66 321.67 points Nov 2024
Core Inflation Rate YoY 3.30 3.30 percent Nov 2024
CPI Core Core YoY 2.40 2.30 percent Nov 2024
CPI Housing Utilities 338.05 337.47 points Nov 2024
CPI s.a 316.44 315.45 points Nov 2024
CPI Transportation 268.45 269.72 points Nov 2024
Export Prices 148.70 148.70 points Nov 2024
Food Inflation 2.40 2.10 percent Nov 2024
Import Prices 141.20 141.00 points Nov 2024
Inflation Rate YoY 2.70 2.60 percent Nov 2024
Inflation Rate MoM 0.30 0.20 percent Nov 2024
PPI 146.49 145.94 points Nov 2024
PPI YoY 3.00 2.60 percent Nov 2024

United States Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.20 2.00 -1.80 1947 - 2024 percent Monthly
SA


News Stream
US CPI Rises 0.3% in November, Most in 7 Months
The CPI in the US increased 0.3% month-over-month in November 2024, the most since April, slightly above October's 0.2% and in line with market expectations. The index for shelter rose 0.3% (vs 0.4% in October), accounting for nearly forty percent of the monthly all items increase. Food prices went up 0.4% (vs 0.2%) and energy went up 0.2%, ked by gasoline (0.6%)fuel oil (0.6%) and natural gas (1%). Other increases were seen in prices for used cars and trucks (2% vs 2.7%), household furnishings and operations (0.6%), medical care (0.4% vs 0.4%), new vehicles (0.6% vs 0%), and recreation. The index for communication on the other hand, was down 1%.
2024-12-11
US CPI Rises 0.2% for 4th Month
The CPI in the US increased 0.2% month-over-month in October 2024, consistent with the previous three months, and matching forecasts. The index for shelter rose 0.4%, accounting for over half of the monthly increase. Food prices also went up 0.2% while energy costs were unchanged. Excluding food and energy, the core CPI rose 0.3%, the same as in the previous two months and matching expectations. Prices increased for shelter (0.4%), used cars and trucks (2.7%), airline fares (3.2%), medical care (0.4%), and recreation (0.4%). In contrast, prices declined for apparel (-1.5%), communication (-0.6%), and household furnishings and operations.
2024-11-13
US Monthly Inflation Hotter Than Anticipated
The consumer price index in the United States increased 0.2% month-over-month in September 2024, the same as in the previous two months, and above forecasts of 0.1%. The index for shelter rose 0.2%, and the index for food increased 0.4%. Together, these two indexes contributed over 75% of the monthly increase. In addition, prices went up for medical care (0.4%), motor vehicle insurance (1.2%), apparel (1.1%) and airline fares (3.2%). In contrast, prices declined for energy (-1.9%) and recreation (-0.4%).
2024-10-10