By 2028, it is anticipated that the US inflation rate will drop to 2.1 percent. Inflation in 2022 was abnormally high, topping eight percent for the year. The information displays averages for US cities. The base years were 1982–1984. The rate of increase of a price index, in this example the consumer price index, is measured as inflation in economics. It's the percentage rate at which the level of prices has changed over time. The rate at which money's purchasing power is declining is roughly equal. The prediction is that in 2023 prices will rise by 4.5 percent.

You may get the consumer price index for all urban consumers here, as well as the annual inflation rate for prior years, here.

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