Usd Inflation Rate 2024. The period saw an inflation rate starting at 1.23% and ending at 1.86%, with a cumulative inflation of 19.92% over 4 years. Inflation rate for 2021 was 4.70% , a 3.46% increase from 2020.
If this number holds, $1 today will be equivalent in buying power to $1.03 next. Compared to last year’s annual rate, the inflation rate in 2024 is now 2.60% 1.