Inflation In 2024 Usa Per Month

Inflation In 2024 Usa Per Month. Inflation spiked, hitting its highest level in over 40 years, then easing greatly. The january 2024 consumer price index (cpi) report released on february 13 showed that the significant economic recalibration in the u.s.

This inflation calculator uses the official us consumer price index and breaks down inflation by spending category. Inflation has been far worse during the biden administration, up 20.1% over the first 45 months of biden’s term compared to 7.1% during trump’s first 45 months,.