According to the latest Consumer Price Index (CPI) report from the Bureau of Labor Statistics, inflation in the United States has slowed to its lowest level since the early months of the pandemic. The CPI for All Urban Consumers rose by 2.4% over the past year, a substantial easing from the higher inflation rates seen over the last two years. September’s monthly increase of 0.2% matches the growth recorded in August and July, indicating a steady, moderate rise in consumer prices.