Us Inflation Rate 2024
Us Inflation Rate 2024. Inflation rate for 2021 was 4.70% , a 3.46% increase from 2020. The annual inflation rate in the us accelerated to 2.6% in october 2024, up from 2.4% in september which was the lowest rate since february 2021, and in line with market expectations.
The uptick in september’s core cpi reminds us that inflation pressure hasn’t fully dissipated, which should keep. We break down core inflation into three components: