Consumer Price Index 2024 Forecasting. For the month, the index increased 0.7 percent prior to seasonal adjustment. The federal reserve bank of cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (pce) and the consumer price index (cpi).
On the basis of these inflation forecasts, average consumer price inflation should be 3.2% in 2024 and 2.0% in 2025, compared to 4.06% in 2023 and 9.59% in 2022. Kiplinger’s inflation outlook tracks the consumer price index to forecast changes that affect the prices you pay.
Consumer Price Index 2024 Forecasting Images References :