Consumer Price Index Forecast For Feb 2024. On the basis of these inflation forecasts, average consumer price inflation should be 3.2% in 2024 and 2.0% in 2025, compared to 4.06% in 2023 and 9.59% in 2022. The consumer price index report for february 2023 is expected to show inflation heating up again, thanks to an uptick in gasoline prices.

Consumer prices rose 2.9% for the 12 months ended in july, slowing from june’s 3% annual gain, according to the bureau of labor statistics’ latest cpi report released. But even excluding higher costs at the.