2024 Inflation Forecast Usa Today. Core cpi (excluding food and energy) rose by 0.3% mom and 3.3% yoy, up from 3.2% yoy the month prior, accelerating for the first time in one and a half years. The annual inflation rate in the us likely accelerated to 2.6% in october 2024, up from 2.4% in september which was the lowest rate since february 2021, marking the first increase in inflation in seven months.

Against a challenging growth backdrop, the road to lower inflation also looks bumpy in the u.k. 1 this marks the smallest annual increase since february 2021.