Inflation Since 1872: A Long-Term Look at the CPI

The June release of the Consumer Price Index for Urban Consumers (CPI-U) places the year-over-year inflation rate at 3.53%. This pushes inflation back below the post-WWII average of 3.72% for the first time since March. Meanwhile, this marks the fourth consecutive month that the current rate is above the 10-year moving average, which currently sits at 3.29%.