Us Inflation Rate 2024 Graph. 14, 2024, 5:34 am pdt. The current inflation rate in the us is 2.97%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in june 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. The core cpi โ which excludes food and energy costs.