The chart and table above display annual U.S. inflation rates for the years from 2010 to 2020. According to the U.S. Labor Department data published on Dec 10, 2020, the annual inflation rate for the U.S. is 1.2% for the 12 months ended Nov 2020. The next inflation update is scheduled for release on January 13, 2021. It will offer the rate of inflation over the 12 months ended December 2020.