Inflation In 2024 Usa Chart. The consumer price index rose 2.5% in august 2024, on an annual basis, the bureau of labor statistics said. Inflation surged under biden, but largely due to inherited factors.

Inflation rate for 2022 was 8.00%, a 3.3% increase from 2021. Inflation rate for 2021 was 4.70%, a 3.46% increase from 2020.