Consumer Price Index: Inflation Cools to 2.4% in September

Published on October 10, 2024

Inflation cooled for a sixth straight month in September, dropping to its lowest level since February 2021. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index fell to 2.4% year-over-year, slightly above economist expectations of 2.3%. Additionally, core CPI rose to 3.3% as expected, a tad above expectations.