The consumer price index (CPI) in 2012 was 229.594. It was 224.939 in the previous year. This change in CPI is used by the Bureau of Labor Statistics to calculate inflation.
According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 1.54% per year. Prices in 2018 are 9.6% higher than prices in 2012.
In other words, $100 in 2012 is equivalent in purchasing power to $109.58 in 2018, a difference of $9.58 over 6 years.
The current inflation rate is now 2.80%1. If this number holds, $100 today will be equivalent to $102.80 next year. The current inflation rate page gives more detail on the latest official inflation rates.
|Cumulative price change||9.58%|
|Average inflation rate||1.54%|
|Converted amount ($100 base)||$109.58|
|Price difference ($100 base)||$9.58|
|CPI in 2012||229.594|
|CPI in 2018||251.59|
|Year||USD Value||Inflation Rate|
Politics and news often influence economic performance. Here's what was happening at the time:
Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.
You may use the following MLA citation for this page: “Inflation Rate in 2012 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 Jun. 2018, https://www.officialdata.org/inflation-rate-in-2012.