Rate Of Inflation 2024 Usa 2022. The consumer price index increased a seasonally adjusted 0.2% for the month, putting the annual inflation rate at 2.4%. Us inflation probably moved sideways at best in october, highlighting the uneven path of easing price pressures in the home stretch toward the federal reserve’s target.

Both were 0.1 percentage point higher. Median inflation expectations fell at all three horizons in october.