How Much Will Inflation Be In 2024. Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the consumer price index. We project inflation to continue to fall, averaging 2.4% in 2024 and then.
These charts track the prices consumers are paying for groceries and other goods now compared to the cost five years ago, as inflation lingers. Core inflation rate is expected to be.