Rate Of Inflation 2024 Indianapolis. More data series, including additional geographic areas, are available through the databases & tables. Photo courtesy of getty images.

The kelley school forecast predicts inflation will fall from an average of 3.9% over the past year to just 2.2% in the second half of 2024. The poverty rate in the indianapolis metro area dropped to 10.6% in 2023, compared to 10.8% in 2022, according to new data released by the american.