Inflation United States 2018

Average inflation: 2.4%

Current Inflation

Inflation is normal at 2.4%, around the ECB target.

Peak and Trough

The highest inflation was in June at 2.9%. The lowest inflation was in December at 1.9%.

Highest month
June: 2.9%
Lowest month
December: 1.9%
Difference
1.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Transport with an average of 4.0%. The lowest price increase was in Communication with an average of -1.2%.

Highest increase
Transport: 4.0%
Lowest increase
Communication: -1.2%

Historical Context

Current inflation is 0.9% higher than the 5-year average of 1.5%.

5-year average
1.5%
10-year average
1.6%
All-time high (2008)
3.9%
All-time low (2009)
-0.3%

Trend

Inflation shows an upward trend. Compared to 2017, inflation has risen by +0.3 percentage point.

Change vs. previous year
+0.3 percentage points
Largest monthly swing
June: +1.3 percentage points

ECB Target

Inflation is 0.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

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 €102.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2018

Inflation by category

Food and non-alcoholic beverages
0.4%
-1.9vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.6%
+0.2vs avg.
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Clothing and footwear
0.3%
-2.1vs avg.
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Housing, water, electricity, gas and other fuels
3.2%
+0.8vs avg.
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Furnishings, household equipment and maintenance
0.6%
-1.8vs avg.
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Health
2.1%
-0.3vs avg.
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Transport
4.0%
+1.6vs avg.
More details →
Communication
-1.2%
-3.6vs avg.
More details →
Recreation and culture
0.0%
-2.4vs avg.
More details →
Education
2.3%
-0.1vs avg.
More details →
Restaurants and hotels
2.4%
+0.0vs avg.
More details →
Miscellaneous goods and services
3.6%
+1.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2017
January 2.1% -0.4
February 2.2% -0.5
March 2.4% 0.0
April 2.5% +0.3
May 2.8% +0.9
June 2.9% +1.3
July 2.9% +1.2
August 2.7% +0.8
September 2.3% +0.1
October 2.5% +0.5
November 2.2% 0.0
December 1.9% -0.2
Average 2.4%

Data source

Data from OECD. Last updated: 11/01/2026.

See also