Inflation May 2024 Impact On Inflation

Inflation May 2024 Impact On Inflation. Inflation affects households differently depending on the mix of goods and services that they consume and the income that they have available to pay for that consumption. In this mckinsey explainer, we answer the question what is inflation and examine the root causes, key metrics, and the overall impact on our society.

City average series for all items, not seasonally adjusted. Easing price pressures stoke bets on fed rate cuts;