Commentary 6092 t
June, 2018 Data:
TARGET MONTH: July,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
3.91% over the next year. The table shows a HDTFA of 6.01% which suggests
that the inflation rate for transportation prices in the US for the 12 months
ending July, 2019 could easily fall between 9.92% and -2.09%. 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 3.1%
Last Year . . . . . . . . . . . . . . . . . . . . 6.7%
Last 5 Years -1.0%
Last 10 Years . . . . . . . . . . . . . . . . . 0.9%
Last 20 Years 2.0%
Annual Transportation Inflation Rate: Highs & Lows
High (Last 12 Months) 6.7% (June, 2018)
Low (Last 12 Months) 1.2% (July, 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 June,
2018 was 6.67%. That's 0.77% percent higher than the 12 months ended in
May, 2018 which inflated at a rate of 5.89%. It is 6.17% percent higher than the
12 months ended in June, 2017 which inflated at a rate of 0.50%. The
sideways movement in inflation rates from May to June indicates that the short
term inflation trend in transportation prices has been flat. If that trend continues,
we should see an inflation rate for the 12 months ended in July, 2018 that is
close to 7.44%.
The USA Transportation Inflation Rate one year ago was 0.50%. Over the last
year, inflation in the transportation price index was 6.67%. The average rate
over the last 10 years was 0.92%. 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 June of 2018 are high
relative 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 Monday, August 13, 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