Consumer Price Index Cpi 2024. The latest consumer price data furthers the case for an interest rate cut by the federal reserve as soon as september. These indices measures the relative changes in retail prices of fixed basket of goods and services consumed by industrial workers over a period of time.
Corresponding inflation rate for rural and urban is 5.66% and 4.39%, respectively. Over the last 12 months, the all items index increased 3.3 percent before seasonal adjustment.