In October 2024, Inflation increased slightly by 2.6 percent since October 2023. However, core inflation has held more steady, remaining unchanged since October 2023.
Monthly inflation rate and core inflation rate in the United States from October 2020 to October 2024
(not seasonally adjusted)
Core inflation measured by the BLS uses the modified Laspeyres formula which differs from the personal consumption expenditures price index which uses the Fisher-Ideal formula. PCE measures spending by and on behalf of the personal sector, which includes both households and nonprofit institutions serving households; the CPI measures out-of-pocket spending by households.
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Bureau of Labor Statistics. (November 13, 2024). Monthly inflation rate and core inflation rate in the United States from October 2020 to October 2024 (not seasonally adjusted) [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/1394307/monthly-inflation-vs-core-inflation-us/
Bureau of Labor Statistics. "Monthly inflation rate and core inflation rate in the United States from October 2020 to October 2024 (not seasonally adjusted)." Chart. November 13, 2024. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/1394307/monthly-inflation-vs-core-inflation-us/
Bureau of Labor Statistics. (2024). Monthly inflation rate and core inflation rate in the United States from October 2020 to October 2024 (not seasonally adjusted). Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/1394307/monthly-inflation-vs-core-inflation-us/
Bureau of Labor Statistics. "Monthly Inflation Rate and Core Inflation Rate in The United States from October 2020 to October 2024 (Not Seasonally Adjusted)." Statista, Statista Inc., 13 Nov 2024, https://www.statista.com/statistics/1394307/monthly-inflation-vs-core-inflation-us/
Bureau of Labor Statistics, Monthly inflation rate and core inflation rate in the United States from October 2020 to October 2024 (not seasonally adjusted) Statista, https://www.statista.com/statistics/1394307/monthly-inflation-vs-core-inflation-us/ (last visited November 26, 2024)
Monthly inflation rate and core inflation rate in the United States from October 2020 to October 2024 (not seasonally adjusted) [Graph], Bureau of Labor Statistics, November 13, 2024. [Online]. Available: https://www.statista.com/statistics/1394307/monthly-inflation-vs-core-inflation-us/