Economy · Inflation
| Year | Average | Year close |
|---|---|---|
| 1913 | 9.88 | 10.00 |
| 1914 | 10.02 | 10.10 |
| 1915 | 10.11 | 10.30 |
| 1916 | 10.88 | 11.60 |
| 1917 | 12.82 | 13.70 |
| 1918 | 15.04 | 16.50 |
| 1919 | 17.33 | 18.90 |
| 1920 | 20.04 | 19.40 |
| 1921 | 17.85 | 17.30 |
| 1922 | 16.75 | 16.90 |
| 1923 | 17.05 | 17.30 |
| 1924 | 17.12 | 17.30 |
Source: FRED CPIAUCNS (Consumer Price Index for All Urban Consumers: All Items in U.S. City Average). Federal Reserve Bank of St. Louis.
Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).
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