Consumer Price Index Forecast For Feb 2024

Consumer Price Index Forecast For Feb 2024. The consumer price index (cpi) rose by 3.4% between february 2023 and february 2024, down from an annual increase of 4.1% in the 12 months to january 2024. The index is watched to see how consumers are withstanding inflation and their outlook on the economy.

 — 20.8% of consumers said business conditions were “good,” up from 19.2% in july. A reading of 90 or better reflects a healthy economy.