Forex Fundamentals
US Inflation Rate (CPI)

US Inflation Rate (CPI) 14 August 2024

US Inflation Rate (CPI) 14 August 2024: 2.9% for July 2024, below the 3% forecast and down from 3% in June 2024. It is the lowest of the last 12 releases. It is the third release in a row below the forecast. It was released on Wed 14 Aug 2024 at 12:30 UTC (8:30 AM ET).

These figures were verified on 4 Oct 2026 from the source: U.S. Bureau of Labor Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
2.9%
July 2024
Forecast
3%
The market consensus
Previous
3%
As the source gives it

What a print like this usually does

Below the forecast: A downside surprise usually weighs on the dollar if it reinforces a sustained cooling trend.

US Inflation Rate (CPI) 14 August 2024: 2.9% for July 2024 against a 3% forecast, with the last 12 releases
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US Inflation Rate (CPI) 14 August 2024: 2.9% vs 3% forecast (U.S. Bureau of Labor Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-cpi/2024-08-14

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
14 Aug 2024Jul2.9%3%3%
11 Jul 2024Jun3%3.1%3.3%
12 Jun 2024May3.3%3.4%3.4%
15 May 2024Apr3.4%3.4%3.5%
10 Apr 2024Mar3.5%3.4%3.2%
12 Mar 2024Feb3.2%3.1%3.1%
13 Feb 2024Jan3.1%2.9%3.4%
11 Jan 2024Dec3.4%3.2%3.1%
12 Dec 2023Nov3.1%3.1%3.2%
14 Nov 2023Oct3.2%3.3%3.7%
12 Oct 2023Sep3.7%3.6%3.7%
13 Sep 2023Aug3.7%3.6%3.2%
The release before:US Inflation Rate (CPI) 11 July 2024The release after:US Inflation Rate (CPI) 11 September 2024US Inflation Rate (CPI): every recent resultThis week’s economic calendar