Quote:
Originally Posted by ithos
What would you expect with inflation out of control the last three years?
What Is the Inflation for Each Year?
An average rate of inflation can be calculated for each year:
In 2023, the average rate of inflation was 4.1%.
In 2022, the average rate of inflation was 8.0%.
In 2021, the average rate of inflation was 4.7%.
In 2020, the average rate of inflation was 1.2%.
U.S. Bureau of Labor Statistics. "Historical Consumer Price Index for All Urban Consumers (CPI-U)."
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Might as well add this year's. 3.3%