Consumer Price Index 2024 Forecasts

Consumer Price Index 2024 Forecasts

Consumer Price Index 2024 Forecasts. Bureau of labor statistics reported. The monthly cpi indicator rose 4.0% in the 12 months to may.


Consumer Price Index 2024 Forecasts

Inflation forecast, measured in terms of the consumer price index (cpi) or harmonised index of consumer prices (hicp) is defined as the projected change in the prices of a basket of goods. On the basis of these inflation forecasts, average consumer price inflation should be 3.2% in 2024 and 2.0% in 2025, compared to 4.06% in 2023 and 9.59% in 2022.

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