Current Inflation Rate 2024 Usa 2022. The current inflation rate in the us is 2.44%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in september 2024. This update provides a snapshot of.
Inflation rates reflect how much prices have increased since january 2021, and inflation costs reflect how much more the average u.s. 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.