U.S. inflation rate in 2007: 2.85%

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U.S. Inflation Rate, 2007-2017 ($1)

The consumer price index (CPI) in 2007 was 207.342. the Bureau of Labor Statistics uses this CPI value to track inflation on a monthly basis.

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 1.67% per year. Prices in 2017 are 18.0% higher than prices in 2007.

In other words, $1 in the year 2007 is equivalent to $1.18 in 2017, a difference of $0.18 over 10 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $1 today will be equivalent to $1.02 next year.

Inflation from 2007 to 2017
Cumulative price change 18.00%
Average inflation rate 1.67%
Price difference ($1 base) $0.18
CPI in 2007 207.342
CPI in 2017 244.786


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Admission to sporting events · Housing · Dental services · More

Inflation-adjusted measures

S&P 500 price · S&P 500 earnings · Shiller P/E

How to calculate the inflation rate for $1 since 2007

Start with the inflation rate formula:

CPI in 2017 / CPI in 2007 * 2007 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 207.342 in the year 2007 and 244.786 in 2017:

244.786 / 207.342 * $1 = $1.18

$1 in 2007 has the same "purchasing power" as $1.18 in 2017.


News headlines from 2007

Politics and news often play an important role in economic performance.

  • The British Army withdraws from Northern Ireland, marking the end of, operation Banner - the longest operation in British military history.
  • The South Korean President enters North Korea, crossing the Military Demarcation Line, to the second Inter-Korean Summit with the leader of North Korea.
  • Bulgaria and Romania join the European Union. Aside from Irish, languages of the two countries become official EU languages, amongst 20 others.
  • Slovenia becomes the 13th Eurozone country, after adopting the Euro currency.

Inflation Data Source: The Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.


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