Usa July 2024 Inflation Forecast. On a yearly basis, the cpi rose 2.9%, its lowest yearly growth rate since march of 2021 (and slightly below expectations of 3%). However, shelter inflation rebounded in july, up 0.4% from the prior month, following a low 0.2% reading in june.
The annual inflation rate in the us slowed for a fifth consecutive month to 2.5% in august 2024, the lowest since february 2021, from 2.9% in july, and below forecasts of 2.6%. The imf revised its 2024 u.s.
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