CPI release
CPI report: July 2024
Consumer prices rose 2.9% in the 12 months through July 2024, down from 3.0% in June. Core inflation, which excludes food and energy, ran 3.2%. The CPI-U index stood at 314.54, a 0.1% change from the prior month (not seasonally adjusted).
The numbers
| Headline inflation (12-month) | 2.9% |
|---|---|
| Core inflation (12-month) | 3.2% |
| CPI-U index level | 314.54 |
| Change vs. prior month (NSA) | 0.1% |
Recent months
| Month | CPI-U | 12-month rate |
|---|---|---|
| July 2024 | 314.54 | 2.9% |
| June 2024 | 314.175 | 3.0% |
| May 2024 | 314.069 | 3.3% |
| April 2024 | 313.548 | 3.4% |
| March 2024 | 312.332 | 3.5% |
| February 2024 | 310.326 | 3.2% |
Put it in context
- The current inflation rate, to check whether this is still the latest reading
- What 2023 dollars are worth in 2024, the year-over-year conversion
- How the BLS turns 80,000 prices into this number
Source: U.S. Bureau of Labor Statistics, CPI-U (series CUUR0000SA0 and CUUR0000SA0L1E), not seasonally adjusted. See the methodology.