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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

August 14, 2024
US CONSUMER PRICE INDEX, JULY 2024

The United States Consumer Price Index (not seasonally adjusted) for All Urban Consumers increased 2.9% year-over-year in July 2024, this was down from a year-over-year pace of 3.0% in June. 

Compared to July 2023, the US energy price index rose 1.1%. The food index rose 2.2% and the shelter index was up 5.1% year-over-year.

The US CPI excluding food and energy rose 3.2% compared to July 2023. 

Note: Canada and Nova Scotia July 2024 CPI figures will be released on August 20, 2024.

Sources: Statistics Canada. Table 18-10-0004-01  Consumer Price Index, monthly, not seasonally adjustedUS Bureau of Labor Statistics retrieved from the Federal Reserve Bank of St. Louis



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