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Aug 14, 2024 · Current US Inflation Rates: 2000-2024. The annual inflation rate for the United States was 2.9% for the 12 months ending July, compared to the previous rate increase of 3%, according to U.S. Labor Department data published on August 14, 2024.
In July, the Consumer Price Index for All Urban Consumers rose 0.2 percent, seasonally adjusted, and rose 2.9 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.2 percent in July (SA); up 3.2 percent over the year (NSA).
Aug 14, 2024 · Current Annual inflation for the 12 months ending July 2024 is 2.89%. Inflation is down from the June 2022 peak of 9.06%, but even moderate inflation can rapidly erode purchasing power and creates uncertainty as businesses have more difficulty estimating future costs.
The CPI inflation calculator uses the Consumer Price Index for All Urban Consumers (CPI-U) U.S. city average series for all items, not seasonally adjusted. This data represents changes in the prices of all goods and services purchased for consumption by urban households.
CPI Latest Numbers. CPI-U, US City Average, All Items: NSA +0.1% in Jul 2024. SA +0.2% in Jul 2024. NSA +2.9% since Jul 2023. CPI-U, US City Average, All Items Less Food and Energy: NSA +0.1% in Jul 2024. SA +0.2% in Jul 2024.
Mar 31, 2024 · US Inflation Rate is at 2.89%, compared to 2.97% last month and 3.18% last year. This is lower than the long term average of 3.28%. The US Inflation Rate is the percentage in which a chosen basket of goods and services purchased in the US increases in price over a year.
Inflation Rate in the United States decreased to 2.90 percent in July from 3 percent in June of 2024. This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Graph and download economic data for Inflation, consumer prices for the United States from 1947 to 2024 about CPI, price index, indexes, price, USA, consumer, inflation, headline figure, average, all items, and urban.
Jul 2, 2024 · Graph and download economic data for Inflation, consumer prices for the United States (FPCPITOTLZGUSA) from 1960 to 2023 about consumer, CPI, inflation, price index, indexes, price, and USA.
Aug 14, 2024 · The current U.S. inflation rate is 2.9% for the 12-month period leading up to July 2024. The consumer price index (CPI), which measures changes in prices, increased 0.2% in July after falling...
