The United States reported an annual CPI inflation rate of 9.1% for June 2022.
The figure compared consumer prices in June 2022 with prices in June 2021. It was the highest 12-month increase in the U.S. Consumer Price Index since November 1981, reflecting broad price pressures across energy, food, housing, and other categories.
Energy prices were especially influential during this period, while supply-chain disruptions and strong demand also contributed to inflation. Russia’s invasion of Ukraine in February 2022 added further pressure to global energy and food markets.
The annual CPI rate differs from the monthly inflation change and from the Federal Reserve’s preferred Personal Consumption Expenditures price measure.