# Inflation, consumer prices (annual %)
The **"Inflation, consumer prices (annual %)"** indicator measures the **annual percentage change** in the cost of a **basket of goods and services** typically purchased by **households**.
It is a **key indicator of inflation**, reflecting how much the **prices of these goods and services have increased (or decreased) over a year**.
- **Chart:** Displays the **percentage change in consumer prices (inflation)** in the **United States** for the years **2000 to 2022**.