Consumer Price Index 2024 Forecasts. On a yearly basis, the cpi rose 2.9%, its lowest yearly growth rate since march of 2021 (and. The consumer price index increased 0.2% in july, coming in right at expectations.

Inflation forecast is measured in terms of the consumer price index (cpi) or harmonised index of consumer prices (hicp) for euro area countries, the euro area aggregate and the united. The annual rate is the lowest since march 2021, while the core is the lowest since april 2021, according to the bureau of labor statistics report.