Us Inflation Rate 2024 Graph. 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. Excluding gas and food, categories that tend to be quite volatile, core cpi rose 0.2% from june and saw its annual rate slow to 3.2% from 3.3%.

Interactive chart showing the annual rate of inflation in the united states as measured by the consumer price index back to 1914. The us inflation rate shows how much prices rise in a year, affecting how much you can buy with a dollar.