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McMill Building
125 S. 4th Street
Norfolk, NE 68701
Phone: 402-371-1160
Toll Free: 800-694-1160
Website: www.mcmill.info
May 2025
U.S. Inflation Statistic
The U.S. inflation rate has been recorded since 1913 and is typically measured using the Consumer Price Index (CPI) from the U.S. Bureau of Labor Statistics (BLS), reflecting the year-over-year percentage change in the cost of a basket of goods and services. From 1925 to 2024, the average annual inflation rate is approximately 3.1%. Following are long-term high and low years.
Highest Rate: 17.8%
Highest Rate in 1917 during WWI
Lowest Rate: -10.3%
Lowest Rate in 1932 during the Great Depression
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