U.S. consumer prices have risen over 30% since early 2019
Consumer prices in the United States have increased by more than 30% since the start of 2019, according to official data.
Data from the Bureau of Labor Statistics show that the overall price level for goods and services has climbed over 30% since early 2019. This surge is roughly two and a half times the total inflation recorded during the seven-year span from 2012 to 2019. The rise has affected virtually every major spending category, from food items like steak to housing costs and auto insurance premiums.
Why it matters
Rising prices affect everyday budgets and can shape consumer spending and economic policy.
In this story
consumer pricesinflationprice increasesteakrentcar insuranceUnited StatesBureau of Labor Statistics
