Actual Inflation Rate 2024. Understanding inflation, why it matters and how to handle it can help when making financial. Inflation rate for 2023 was 4.12%, a 3.89% decline from 2022.
Despite the slight decline in august’s headline inflation, the reacceleration in core inflation once again reminds us that inflation pressure hasn’t fully dissipated. We believe a picture is worth a thousand words, so we track the recent inflation rate in chart form to give you a better sense of the current direction of inflation and also the longer term inflation trends.