U.S. inflation rate in 2014: 1.62%

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U.S. Inflation Rate, 2014-2017 ($1)

The consumer price index (CPI) in 2014 was 236.736. 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 0.99% per year. Prices in 2017 are 3.0% higher than prices in 2014.

In other words, $1 in the year 2014 is equivalent to $1.03 in 2017, a difference of $0.03 over 3 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 2014 to 2017
Cumulative price change 3.00%
Average inflation rate 0.99%
Price difference ($1 base) $0.03
CPI in 2014 236.736
CPI in 2017 244.786


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

New trucks · Housing · Airline fares · More

Inflation-adjusted measures

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

How to calculate the inflation rate for $1 since 2014

Start with the inflation rate formula:

CPI in 2017 / CPI in 2014 * 2014 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 236.736 in the year 2014 and 244.786 in 2017:

244.786 / 236.736 * $1 = $1.03

$1 in 2014 has the same "purchasing power" as $1.03 in 2017.


News headlines from 2014

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

  • Violent protests erupt in Kiev, leading to clashes between protestors and riot police: President Viktor Yanukovych is ousted five days later.
  • Russia formally annexes Crimea amid international condemnation.
  • ISIS forces occupy government buildings and other key strategic locations in the city of Mosul.
  • Malasya Airlines Flight 17 shot down by pro-Russian separatists in Eastern Ukraine by a Buk surface-to-air missile. All 283 passengers and 15 crew were killed.

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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