This statistic shows the 12-month percentage of change in the consumer price index for urban consumers in the United States, by selected expenditure categories in December 2018. The data represents city averages in the United States. The defined base period is: 1982-84=100. CPI is defined by the United States Bureau of Labor Statistics as "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services". It is based on prices of food, clothing, shelter, fuels, transportation fares, charges for doctors’ and dentists’ services, drugs, and other goods and services that people buy for day-to-day living. In December 2018, gasoline prices were around 2.1 percent lower than in December 2017.
The annual inflation rate in the U.S. since 1990 can be accessed here.
