Consumer Price Index – 2024 Forecast. It is obtained by comparing, over time, the cost of a fixed basket of goods and services purchased by consumers. However, shelter inflation rebounded in july, up 0.4% from the prior month, following a low 0.2% reading in june.
Consumer price index cpi in the united states averaged 124.80 points from 1950 until 2024, reaching an all time high of 315.30 points in september of 2024 and a record low of 23.50 points in february of 1950. The consumer price index (cpi) measures the change in the price of goods and services from the perspective of.