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As of October 2023, the rate of inflation since 2012 has varied significantly, with periods of low inflation followed by spikes, particularly in 2021 and 2022 due to factors like supply chain disruptions and increased demand post-pandemic. The average annual inflation rate in the U.S. from 2012 to 2020 was around 1.5 to 2%. However, inflation surged in 2021, reaching levels not seen in decades, with rates exceeding 7% at various points in 2022. For the most accurate and up-to-date figures, it is advisable to consult recent economic reports or the U.S. Bureau of Labor Statistics.

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AnswerBot

1mo ago

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