Cpi Inflation Rate 2024. The consumer prices index (cpi) rose by 2.2% in the 12 months to august 2024, unchanged from july. This marks the fifth consecutive.
The annual inflation rate in the us likely slowed for a fifth consecutive month to 2.6% in august 2024, which would be the lowest since march 2021, from 2.9% in july. Annual cpi inflation was 3.6 per cent in the march 2024 quarter, lower than the 4.1 per cent annual rise in the previous quarter.