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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

September 11, 2024
US CONSUMER PRICE INDEX, AUGUST 2024

The United States Consumer Price Index (not seasonally adjusted) for All Urban Consumers increased 2.5% year-over-year in August 2024, this was down from a year-over-year pace of 2.9% in July. 

Compared to August 2023, the US energy price index declined 4.0%. The food index rose 2.1% and the shelter index was up 5.2% year-over-year.

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

Note: Canada and Nova Scotia August 2024 CPI figures will be released on September 17, 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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