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The annual inflation rate for the United States was 2.4% for the 12 months ending September, compared to the previous rate increase of 2.5%, according to U.S. Labor Department data published on October 10, 2024.
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
Current Annual inflation for the 12 months ending September 2024 is 2.44%. 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.
Inflation Rate in the United States decreased to 2.40 percent in September from 2.50 percent in August of 2024. This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Key Points. The consumer price index increased a seasonally adjusted 0.2% for the month, putting the annual inflation rate at 2.4%. Both were 0.1 percentage point higher than forecast. Excluding ...
US Inflation Rate is at 2.44%, compared to 2.53% last month and 3.70% 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.
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.
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.
CPI-W, US City Average, All Items: NSA +0.1% in Sep 2024. SA +0.1% in Sep 2024. NSA +2.2% since Sep 2023
Measures inflation in the prices paid by people living in the United States. Personal Consumption Expenditures Price Index, Excluding Food and Energy. The core PCE price index excludes two volatile categories to reveal underlying inflation. Regional Price Parities by State and Metro Area.