Raina Elenore

June 2024 Inflation Rate Usa. If this number holds, $100 today would be equivalent to $102.53 next year. Inflation as measured by the consumer price index fell 0.1% in june, its lowest monthly growth rate since may 2020.

Inflation is down from the june 2022 peak of 9.06%, but even moderate inflation can rapidly erode purchasing power and creates uncertainty as businesses have more. Inflation rate for 2020 was 1.23% , a 0.58%.