2024 Inflation Rate Usa Today. Inflation has gently declined this summer, following a brief spike in spring. The annual inflation rate in the us likely accelerated to 2.6% in october 2024, up from 2.4% in september which was the lowest rate since february 2021, marking the first increase in inflation in seven months.
Prices were 2.6% higher in october than a year earlier, according to the latest consumer price index, released wednesday. The current inflation rate in the us is 2.60%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in october 2024.
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