2024 Cost Of Living Increase

2024 Cost Of Living Increase. As a result, the maximum basic rate for these payments will go up by 2.6% and the pension supplement will increase by 2%. In the year to january 2024 the annual cpih inflation rate was 4.2%, unchanged from the previous two months.

127 rows the annual inflation rate for the united states was 3% for the 12 months ending june, compared to the previous rate increase of 3.3%, according to u.s. As a result, the maximum basic rate for these payments will go up by 2.6% and the pension supplement will increase by 2%.