2024 Inflation Rate. Consumer prices climbed 3.2% in february as 2% goal remains elusive. Inflation pulled back in may 2024.
3.2% reading means interest rate cuts could be delayed. What is the inflation rate?
If This Number Holds, $1 Today Will Be Equivalent In Buying Power To $1.03 Next Year.
The current inflation rate compared to the end of last year is now 3.27%.
In May 2024, The Monthly Inflation Rate Was 0.17.
The dollar had an average inflation rate of 3.60% per year between 2017 and today, producing a cumulative price increase of 28.13%.
2024 Inflation Rate Images References :
Shelter Inflation Consistently Increased By 0.4% Monthly And 5.4% In The Last 12 Months.
Monthly inflation was unchanged in may as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawing the.
The Inflation Rate In 1990 Was 5.40%.
Inflation likely to average 4.9% in 2026, ber survey shows.