Mable Rosanne

Inflation In 2024 Percent. Private sector experts expect inflation to drop below 2.5% in 2024, according to the federal reserve bank of st louis. The rate of inflation is the change in prices for goods and services over time.

The consumer price index increased a seasonally adjusted 0.2% for the month, putting the annual inflation rate at 2.4%. Inflation fell to 2.4%, moving closer to the fed’s 2% target.