Current Forecast of US Inflation Rate

Units: Inflation Rate, Percent per Year.  Not Seasonally Adjusted.

Solid Line = Actual Values.  Dashed Line = Predicted Values.



Forecast Values for US Inflation Rate

DateForecast
Oct-172.04
Nov-172.24
Dec-172.25
Jan-182.11
Feb-181.48
Mar-181.18
Apr-181.48

How This Forecast is Produced

The forecast of the indicator above is produced using Multichannel Singular Spectrum Analysis, or MSSA.

The forecast is made by using MSSA to decompose the time series into a trend component and many cyclical components.  The decomposed components of the time series are then projected forward in time.

US Inflation Rate

The US inflation rate is the year over year percent increase (or decrease if negative) of the U.S consumer price index.