Inflation Rate For 2024 Usa. Consumer price index cpi in the united states increased to 315.66 points in october from 315.30 points in september of 2024. 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.

City average series for all items, not seasonally adjusted. Labor department data published on november 13, 2024.