Consumer Price Index August 2024 Chart. The consumer price index increased a seasonally adjusted 0.2% for the month, putting the annual inflation rate at 2.4%. In august 2024, the national consumer price index (cpi) increased by 0.6 percent year on year.

The consumer price index numbers for industrial workers are utilized for regulation of wages & dearness allowance for millions of workers & employees in the country. The monthly cpi indicator rose 2.7% in the 12 months to august.