Inflation Misery Index | search
Click here to view Inflation Misery Index news from 60+ newspapers.
Bookmark or Share- What is the Current U.S. Inflation Rate?Current Annual inflation for the 12 months ending September 2024 is 2.44%. Inflation is down from the June 2022 peak of 9.06%, but even moderate inflation can rapidly erode purchasing power and creates uncertainty as businesses have more difficulty estimating future costs.
- Historical Consumer Price Index (CPI-U) Data - InflationDataA Consumer Price Index of 158 indicates 58% inflation since 1982, while a CPI index of 239 would indicate 139% inflation since 1982. The commonly quoted inflation rate of say 3% is actually the change in the Consumer Price Index from a year earlier.
- U.S. Misery Index - Inflation + UnemploymentThe misery index peaked at 12.66% in June with 9.06% inflation and 3.60% unemployment. January 2023 began with inflation down from its 2022 peak to 6.41%, and Unemployment near record lows of 3.40% taking the misery index down to 9.81%.
- Inflation in the 1980sThe Misery Index. The “misery index” was created as a simple measure of the well-being of the general populous by economist Arthur Okun in the 1960s by simply adding the unemployment rate on top of the inflation rate. The 1970’s coined the term “stagflation,” which was a condition where the economy stagnates despite rampant Inflation.
- BLS says July Inflation Holds Steady at 5.4%The U.S. Bureau of Labor Statistics released their Consumer Price Index News Release for the month of July on August 11 th, 2021. Inflation Summary: Annual Inflation 5.37% virtually identical to June’s 5.39%; CPI Index rose from 271.696 in June to 273.003 in July. Monthly Inflation for June was 0.93% and July was 0.48%. Next release September ...
More
