Commentary 6092 r
June, 2018 Data:
TARGET MONTH: July,2019
Forecast for US Recreation Inflation Rate for the year ending in the target
month indicated based on the Consumer Price Index for All Urban Consumers:
Recreation, not seasonally adjusted.
Forecast-Chart is forecasting that Recreation Inflation Rates will be roughly
1.03% over the next year. The table shows a HDTFA of 0.82% which suggests
that the inflation rate for recreation prices in the US for the 12 months ending
July, 2019 could easily fall between 1.85% and 0.22%. Links to Forecasts for
many other economic indicators may be found at the top of this page. The
recreation price index used in this article is the Consumer Price Index for All
Urban Consumers: Recreation, hereinafter referred as the recreation price
Annual US Recreation Inflation Rate
Last Month 3.0%
Last Year . . . . . . . . . . . . . . . . . . . . 0.5%
Last 5 Years 0.6%
Last 10 Years . . . . . . . . . . . . . . . . . 0.6%
Last 20 Years 0.8%
Annual Recreation Inflation Rate: Highs & Lows
High (Last 12 Months) 1.7% (October, 2017)
Low (Last 12 Months) 0.2% (May, 2018)
High (Since January, 1994) 3.4% (July, 1996)
Low (Since January, 1994) -1.3% (September, 2010)
The annual Recreation Inflation Rate for the 12 months ended in June, 2018
was 0.53%. That's 0.30% percent higher than the 12 months ended in May,
2018 which inflated at a rate of 0.23%. It is 0.27% percent lower than the 12
months ended in June, 2017 which inflated at a rate of 0.80%. The rise in
inflation rates from May to June indicates that the short term inflation trend in
recreation prices has been up. If that trend continues, we should see an
inflation rate for the 12 months ended in July, 2018 that is close to 0.83%.
The USA Recreation Inflation Rate one year ago was 0.80%. Over the last year,
inflation in the recreation price index was 0.53%. The average rate over the last
10 years was 0.59%. Similar 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 Recreation Inflation Rate is flat. Inflation expectations should
be adjusted accordingly.
Forecast-Chart's historical research covers Recreation Inflation Rate data back
to January, 1994. The average annual inflation rate in recreation prices during
that period of history was 1.11%. The highest rate was 3.39%. The lowest rate
was -1.32%. The high was attained in the 12 months ended in July of 1996.
The low was achieved in the 12 months ended in September of 2010. Recent
rates experienced in the 12 months ended in June of 2018 are low relative to
the historical 1.11% average.
This page provides a five year chart and a forecast for the US Recreation
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 Recreation 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 Monday, August 13, 2018.
SignalTrend Inc. 2008 - 2018; All rights reserved.
Annual US Inflation Rate for the cost of Recreation is plotted monthly in gray (Consumer Price Index
for All Urban Consumers: Recreation). 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: Recreation - 5 Year History
|US Recreation Cost Inflation
Current Analysis & Forecast: US Recreation Cost Inflation Rate