Current Usa Inflation Rate 2024. Labor department data published on november 13, 2024. The annual inflation rate in the us increased to 2.6% in october,.

Inflation rate for 2021 was 4.70%, a 3.46% increase from 2020. Inflation has been far worse during the biden administration, up 20.1% over the first 45 months of biden’s term compared to 7.1% during trump’s first 45 months,.