What Is The Inflation Rate For 2024 Usa. Inflation is down from the june 2022 peak of 9.06%, but even moderate inflation can rapidly erode purchasing power and creates uncertainty as businesses have more difficulty estimating future costs. Looking ahead into 2024, forrester expects headline inflation to decrease from an average of 4.1% in 2023 to 2.6% in 2024.

Compared to last year’s annual rate, the inflation rate in 2024 is now 2.44% 1. Us inflation is set to further recede in 2024, ending the year near the federal reserve’s 2% target as economic disruptions from the pandemic fade further and prices of some goods even decline.