What is the current rate of inflation?

Question

How/Where do you find it?

Answer 1

The current rate of inflation in the US is 1.31% Thats the figure for Octuber 2006, since the November rate has not been published yet.

For all on inflation, you can try www.inflationdata.com

Good luck.

Answer 2

Inflation is here and it's not going away anytime soon," or so says the FOMC, as it gets ready to hike the Fed Funds target rate once again. Realistically investors can expect further increases to bring the target rate to 5.50%.

I know this forecast is a complete about face from my prior comments, but -- oddly enough -- the economy is humming along and its enemy, inflation, is gaining steam. Now is the time to protect yourself... and even post some profits. So, I want to tell you about some opportunities for making money from inflation.
Data Is Stronger Than Expected When It Comes to the Current Rate of Inflation in the U.S.

All one needs to do is look at the data. Recently the University of Michigan reading on consumer sentiment was reported higher than expected. Evidently, consumers continue to smile even though they're being slammed by $3+ for a gallon of gas.

And then, the Department of Commerce released a surprisingly positive U.S. housing starts report: May housing starts increased by 5%, while the consensus expectation was for a 1% gain. Interestingly enough, the April figure even had an upward revision. Demand is softening, however, as housing starts are still 14% below the January peak and the second quarter average is about 10% below the first quarter average. Any way you want to look at it, the housing market is simply cooling, which is a long way from collapsing

Answer 3

Both the Federal Reserve (in the USA) and the Bank of Canada like to maintain the core inflation rate at around 2-3%. Core inflation rates are seasonally adjusted and don't include food and energy because they fluctuate a lot. In order to "influence" the rate of inflation, the Fed or BoC can adjust interest rates (or borrowing rates) which will either make it cheaper or more expensive for people and business to get the money they need to purchase or invest in things.

Inflation in general is usually monitored by using the Consumer Price Index. You can read about it here: http://www.bankofcanada.ca/en/backgrounders/bg-i1.html

The rate of inflation depends on what your point of reference is. The October 2006 inflation rates (as compared with that in October 2005):
- 0.93% in Canada
- 3.83% in USA

The guy before me is listing the monthly rate of inflation.

Answer 4

3%, wikipedia.

Answer 5

4.79%