Inflation 2024. Core consumer prices, excluding volatile fresh food items and administered costs, increased 1.9% yoy, the same pace as in april, staying at the steepest rise in four months. 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%.
Services inflation is holding up progress on disinflation, which is. [aug 2024] consumer price index.
