Commentary 6092 t
December, 2017 Data:
TARGET MONTH: January,2019
Forecast for US Transportation Inflation Rate for the year ending in the target
month indicated based on the Consumer Price Index for All Urban Consumers:
Transportation, not seasonally adjusted.
Forecast-Chart is forecasting that Transportation Inflation Rates will be roughly
1.95% over the next year. The table shows a HDTFA of 5.96% which suggests
that the inflation rate for transportation prices in the US for the 12 months
ending January, 2019 could easily fall between 7.90% and -4.01%. Links to
Forecasts for many other economic indicators may be found at the top of this
page. The transportation price index used in this article is the Consumer Price
Index for All Urban Consumers: Transportation, hereinafter referred as the
transportation price index.
Annual US Transportation Inflation Rate
Last Month -5.8%
Last Year . . . . . . . . . . . . . . . . . . . . 3.5%
Last 5 Years -1.4%
Last 10 Years . . . . . . . . . . . . . . . . . 1.1%
Last 20 Years 1.9%
Annual Transportation Inflation Rate: Highs & Lows
High (Last 12 Months) 6.3% (February, 2017)
Low (Last 12 Months) 0.5% (June, 2017)
High (Since January, 1948) 23.1% (March, 1980)
Low (Since January, 1948) -14.3% (May, 2009)
The annual Transportation Inflation Rate for the 12 months ended in
December, 2017 was 3.45%. That's 0.95% percent lower than the 12 months
ended in November, 2017 which inflated at a rate of 4.40%. It is 0.98% percent
higher than the 12 months ended in December, 2016 which inflated at a rate of
2.47%. The fall in inflation rates from November to December indicates that the
short term inflation trend in transportation prices has been down. If that trend
continues, we should see an inflation rate for the 12 months ended in January,
2018 that is close to 2.50%.
The USA Transportation Inflation Rate one year ago was 2.47%. Over the last
year, inflation in the transportation price index was 3.45%. The average rate
over the last 10 years was 1.14%. Higher inflation over the last 12 months
compared to the average inflation over the last 10 years serves as an indicator
that the long term trend in the Transportation Inflation Rate is up. Inflation
expectations should be adjusted accordingly.
Forecast-Chart's historical research covers Transportation Inflation Rate data
back to January, 1948. The average annual inflation rate in transportation
prices during that period of history was 3.60%. The highest rate was 23.07%.
The lowest rate was -14.26%. The high was attained in the 12 months ended in
March of 1980. The low was achieved in the 12 months ended in May of 2009.
Recent rates experienced in the 12 months ended in December of 2017 are
similar to the historical 3.60% average.
This page provides a five year chart and a forecast for the US Transportation
Inflation Rate. For links to longer term charts, look at the links under the five
year chart (above). One link opens a ten year chart. Another opens our longest
term graph on the Transportation Inflation Rate. Just one glance at
Forecast-Chart's long term charts can provide tremendous insight into the
historical trends of the financial markets.
The US Government's inflation economics policy attempts to control inflation.
High inflation and negative inflation (deflation) can have damaging effects on
Updated Friday, January 12, 2018.
SignalTrend Inc. 2008 - 2018; All rights reserved.
Annual US Inflation Rate for the cost of Transportation is plotted monthly in gray (Consumer Price
Index for All Urban Consumers: Transportation). The forecast for the target month is shown in green.
Other links related to this economic indicator are below.
|Inflation Rate for All Urban Consumers: Transportation - 5 Year History
|US Transportation Cost Inflation
Current Analysis & Forecast: US Transportation Inflation Rate