Inflation United States 2017

Average inflation: 2.1%

Current Inflation

Inflation is normal at 2.1%, around the ECB target.

Peak and Trough

The highest inflation was in February at 2.7%. The lowest inflation was in June at 1.6%.

Highest month
February: 2.7%
Lowest month
June: 1.6%
Difference
1.1 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Miscellaneous goods and services with an average of 3.5%. The lowest price increase was in Communication with an average of -5.5%.

Highest increase
Miscellaneous goods and services: 3.5%
Lowest increase
Communication: -5.5%

Historical Context

Current inflation is 0.8% higher than the 5-year average of 1.3%.

5-year average
1.3%
10-year average
1.7%
All-time high (2008)
3.9%
All-time low (2009)
-0.3%

Trend

Inflation shows an upward trend. Compared to 2016, inflation has risen by +0.8 percentage point.

Change vs. previous year
+0.8 percentage points
Largest monthly swing
February: +1.7 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €102.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2017

Inflation by category

Food and non-alcoholic beverages
-0.2%
-2.3vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
3.5%
+1.4vs avg.
More details →
Clothing and footwear
-0.4%
-2.5vs avg.
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Housing, water, electricity, gas and other fuels
3.5%
+1.4vs avg.
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Furnishings, household equipment and maintenance
-0.9%
-3.0vs avg.
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Health
2.7%
+0.6vs avg.
More details →
Transport
2.7%
+0.6vs avg.
More details →
Communication
-5.5%
-7.6vs avg.
More details →
Recreation and culture
0.8%
-1.3vs avg.
More details →
Education
2.3%
+0.2vs avg.
More details →
Restaurants and hotels
2.1%
+0.0vs avg.
More details →
Miscellaneous goods and services
3.5%
+1.4vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2016
January 2.5% +1.1
February 2.7% +1.7
March 2.4% +1.5
April 2.2% +1.1
May 1.9% +0.9
June 1.6% +0.6
July 1.7% +0.9
August 1.9% +0.8
September 2.2% +0.7
October 2.0% +0.4
November 2.2% +0.5
December 2.1% 0.0
Average 2.1%

Data source

Data from OECD. Last updated: 13/01/2026.

See also