Inflation averaged 2.5% for the 30-year period from 1989 to 2018. Although the recent trend is below the long-term average, even moderate inflation can reduce purchasing power and cut into the real return on your investments.
Annual rate of inflation, based on change in the Consumer Price Index
Source: U.S. Bureau of Labor Statistics, 2019 (December year-over-year change in CPI-U)
Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2019