Current Inflation Rate 2024 March. The s&p 500 was 1.6% lower in midday trading and heading for its worst week since march 2023. The consumer prices index (cpi) rose by 2.2% in the 12 months to july 2024, up from 2.0% in june 2024.

Current annual inflation for the 12 months ending july 2024 is 2.89%. In its third consecutive cut since june, the bank of canada lowered its key.