2024 Cost Of Living Increase Rate. Technical note brief explanation of. The annual inflation rate for the united states was 2.4% for the 12 months ending september, compared to the previous rate increase of 2.5%, according to u.s.

_____ the consumer price index for august 2024 is scheduled to be released on wednesday, september 11, 2024, at 8:30 a.m. Private sector experts expect inflation to drop below 2.5% in 2024, according to the federal reserve bank of st louis.