Figure 1: Inflation appears to be on the rise in the U.S.
Year-on-year change in
Consumer Price Index
(CPI)
Jan
2019
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
2020
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
2021
Feb
Mar
Apr
May
0.0
0.2
0.4
0.6
0.8
1.0
1.2
1.4
1.6
1.8
2.0
2.2
2.4
2.6
2.8
3.0
3.2
3.4
3.6
3.8
4.0
4.2%
CPI core inflation (ex. food & energy)
CPI inflation
4.2%
3.8%
