2024 Inflation Rate By Month. Updated 1:26 pm pdt, september 11, 2024. Private sector experts expect inflation to drop below 2.5% in 2024, according to the federal reserve bank of st louis.

The nar reports each month’s sales at a seasonally adjusted annual rate. The annual inflation rate in the us slowed for a fourth consecutive month to 2.9% in july 2024, the lowest since march 2021, compared to 3% in june and below forecasts of 3%.