Cpi Index 2024 Forecast. Over the twelve months to the march 2024 quarter, the cpi rose 3.6%. For the month, the index increased 0.7 percent prior to seasonal adjustment.

The headline cpi began at 2.3% in february 2020, fell to 5.1% in may 2020 and rose to 9.1% by june 2022, its highest level since the pandemic. The cpi measures changes in prices paid by urban consumers for a specific basket of goods and services.