Where U.S. Inflation Hit the Hardest (March 2024) 🇺🇸

What we’re showing

A compilation of items that became significantly more expensive in the U.S., based on the latest March 2024 inflation figures (released April 10, 2024).

Context

The U.S. consumer price index (CPI) rose 3.5% in March 2024, on an annual basis. This is notably higher than the 3.2% logged in February, showing once again that inflation is quite “sticky”.

A majority of central banks (including the U.S. Federal Reserve) have a long-term target for inflation at 2%.

Some things got cheaper

Not everything is more expensive relative to last year. For example, in the food category, ham prices fell by -4.2%, while eggs fell by -6.8%.

Household items also got cheaper, including major appliances (-6.3%) and Furniture (-3.8%).