Copilot Search Branding Like Dislike U.S. Inflation Rate Over the Past Two Years Over the past two years, U.S. inflation has been relatively low compared to the pandemic-era highs, but it has recently accelerated sharply. Recent levels (2025–2026) 2025: Annual inflation averaged about 2.6% (averaged 2.7% over the year) US Inflation Calculator. 2026 (to March): Annual inflation rose to 3.3% in March 2026, up from 2.4% in February, marking the highest annual rate since May 2024