Inflation United States 2022
Average inflation: 8.0%
Current Inflation
Inflation is very high at 8.0%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 9.1%. The lowest inflation was in December at 6.5%.
- Highest month
- June: 9.1%
- Lowest month
- December: 6.5%
- Difference
- 2.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Transport with an average of 17.0%. The lowest price increase was in Communication with an average of -0.4%.
- Highest increase
- Transport: 17.0%
- Lowest increase
- Communication: -0.4%
Historical Context
Current inflation is 4.4% higher than the 5-year average of 3.6%. This approaches the highest level since records began (8.0% in 2022).
- 5-year average
- 3.6%
- 10-year average
- 2.5%
- All-time high (2022)
- 8%
- All-time low (2009)
- -0.3%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +3.3 percentage point.
- Change vs. previous year
- +3.3 percentage points
- Largest monthly swing
- February: +6.2 percentage points
ECB Target
Inflation is 6.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €108.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 7.5% | +6.1 |
| February | 7.9% | +6.2 |
| March | 8.5% | +5.9 |
| April | 8.3% | +4.1 |
| May | 8.6% | +3.6 |
| June | 9.1% | +3.7 |
| July | 8.5% | +3.1 |
| August | 8.3% | +3.0 |
| September | 8.2% | +2.8 |
| October | 7.7% | +1.5 |
| November | 7.1% | +0.3 |
| December | 6.5% | -0.5 |
| Average | 8.0% |
Data source
Data from OECD. Last updated: 13/01/2026.