U.S. Inflation Rate
Inflation is a general increase in prices and a decrease in the purchasing power of money. It is measured as the rate of change in a basket of goods and services over time. A positive inflation rate means that the prices are rising, while a negative inflation rate means that the prices are falling.
- The United States had an annual inflation rate of 2.6% for the 12 months ending in October. This data was published on November 13, 2024.
- This 2.6% inflation rate represents a slight increase compared to the previous period, which had an annual rate of 2.4%.
- The next update on inflation is scheduled for release on December 11, 2024 at 8:30 a.m. ET.