2024 Cost Of Living Increase Percentage . Bureau of labor statistics (bls), consumer prices rose 3.2 percent from february 2023 to february 2024, with the cost of food specifically increasing 2.2 percent. As incomes are not rising in line with the prices of essentials such as food, housing, and energy, the cost of living is increasing.
India inflation rate for 2020 was 6.62%, a 2.89% increase from 2019. Cost of living adjustments (cola) are increases designed to offset inflation.
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