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Inflation Rate in the United States increased to 2.70 percent in June from 2.40 percent in May of 2025. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Inflation Rate in Malaysia decreased to 1.10 percent in June from 1.20 percent in May of 2025. This dataset provides - Malaysia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The inflation rate in the United States is expected to decrease to 2.1 percent by 2029. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages. The base period was 1982-84. In economics, the inflation rate is a measurement of inflation, the rate of increase of a price index (in this case: consumer price index). It is the percentage rate of change in prices level over time. The rate of decrease in the purchasing power of money is approximately equal. According to the forecast, prices will increase by 2.9 percent in 2024. The annual inflation rate for previous years can be found here and the consumer price index for all urban consumers here. The monthly inflation rate for the United States can also be accessed here. Inflation in the U.S.Inflation is a term used to describe a general rise in the price of goods and services in an economy over a given period of time. Inflation in the United States is calculated using the consumer price index (CPI). The consumer price index is a measure of change in the price level of a preselected market basket of consumer goods and services purchased by households. This forecast of U.S. inflation was prepared by the International Monetary Fund. They project that inflation will stay higher than average throughout 2023, followed by a decrease to around roughly two percent annual rise in the general level of prices until 2028. Considering the annual inflation rate in the United States in 2021, a two percent inflation rate is a very moderate projection. The 2022 spike in inflation in the United States and worldwide is due to a variety of factors that have put constraints on various aspects of the economy. These factors include COVID-19 pandemic spending and supply-chain constraints, disruptions due to the war in Ukraine, and pandemic related changes in the labor force. Although the moderate inflation of prices between two and three percent is considered normal in a modern economy, countries’ central banks try to prevent severe inflation and deflation to keep the growth of prices to a minimum. Severe inflation is considered dangerous to a country’s economy because it can rapidly diminish the population’s purchasing power and thus damage the GDP .
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Cyprus: Inflation: percent change in the Consumer Price Index: The latest value from 2024 is 1.8 percent, a decline from 3.5 percent in 2023. In comparison, the world average is 6.0 percent, based on data from 155 countries. Historically, the average for Cyprus from 1960 to 2024 is 3.4 percent. The minimum value, -2.1 percent, was reached in 2015 while the maximum of 16.2 percent was recorded in 1974.
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Graph and download economic data for Personal Consumption Expenditures: Chain-type Price Index (PCEPI) from Jan 1959 to May 2025 about chained, headline figure, PCE, consumption expenditures, consumption, personal, inflation, price index, indexes, price, and USA.
Inflation rate (GDP deflator) of San Marino soared by 50.14% from 1.8 % in 2021 to 2.8 % in 2022. Since the 62.30% drop in 2020, inflation rate (GDP deflator) rocketed by 702.34% in 2022. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
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Inflation Rate in Czech Republic increased to 2.90 percent in June from 2.40 percent in May of 2025. This dataset provides - Czech Republic Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The global automatic tire inflation system (ATIS) sales were recorded at USD 1.8 billion in 2020. This figure is estimated to rise to USD 2.4 billion by 2025. Over the forecast period through 2035, the market is projected to reach USD 4.1 billion, exhibiting a compound annual growth rate (CAGR) of 5.6%.
Metric | Value |
---|---|
Industry Size (2025E) | USD 2.4 billion |
Industry Value (2035F) | USD 4.1 billion |
CAGR (2025 to 2035) | 5.6% |
Country-Wise Analysis
Country | CAGR (2025 to 2035) |
---|---|
United States | 5.4% |
Country | CAGR (2025 to 2035) |
---|---|
United Kingdom | 5.3% |
Country | CAGR (2025 to 2035) |
---|---|
Germany | 5.8% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 5.7% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 5.6% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Dana Incorporated | 12-18% |
SAF-Holland | 10-15% |
Michelin | 9-13% |
The Goodyear Tire & Rubber Company | 7-12% |
Hendrickson USA | 5-9% |
Other Companies | 40-50% |
1.8 (%) in 2024. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
In economics, the inflation rate is a measure of the change in price of a basket of goods. The most common measure being the consumer price index. It is the percentage rate of change in price level over time, and also indicates the rate of decrease in the purchasing power of money. The annual rate of inflation for 2023, was 4.1 percent higher in the United States when compared to the previous year. More information on inflation and the consumer price index can be found on our dedicated topic page. Additionally, the monthly rate of inflation in the United States can be accessed here. Inflation and purchasing power Inflation is a key economic indicator, and gives economists and consumers alike a look at changes in prices in the wider economy. For example, if an average pair of socks costs 100 dollars one year and 105 dollars the following year, the inflation rate is five percent. This means the amount of goods an individual can purchase with a unit of currency has decreased. This concept is often referred to as purchasing power. The data presents the average rate of inflation in a year, whereas the monthly measure of inflation measures the change in prices compared with prices one year ago. For example, monthly inflation in the U.S. reached a peak in June 2022 at 9.1 percent. This means that prices were 9.1 percent higher than they were in June of 2021. The purchasing power is the extent to which a person has available funds to make purchases. The Big Mac Index has been published by The Economist since 1986 and exemplifies purchasing power on a global scale, allowing us to see note the differences between different countries currencies. Switzerland for example, has the most expensive Big Mac in the world, costing consumers 6.71 U.S. dollars as of July 2022, whereas a Big Mac cost 5.15 dollars in the United States, and 4.77 dollars in the Euro area. One of the most important tools in influencing the rate of inflation is interest rates. The Federal Reserve of the United States has the capacity to make changes to the federal interest rate . Changes to the rate of inflation are thought to be an imbalance between supply and demand. After COVID-19 related lockdowns came to an end there was a sudden increase in demand for goods and services with consumers having more funds than usual thanks to reduced spending during lockdown and government funded economic support. Additionally, supply-chain related bottlenecks also due to lockdowns around the world and the Russian invasion of Ukraine meant that there was a decrease in the supply of goods and services. By increasing the interest rate, the Federal Reserve aims to reduce spending, and thus bring demand back into balance with supply.
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The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Bermuda was 1.8 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 2.07 percent. Compared to a year ago, we see a decrease from the inflation...
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Swaziland: Inflation: percent change in the Consumer Price Index: The latest value from 2019 is 2.6 percent, a decline from 4.8 percent in 2018. In comparison, the world average is 5.0 percent, based on data from 176 countries. Historically, the average for Swaziland from 1966 to 2019 is 9.2 percent. The minimum value, 1.8 percent, was reached in 1967 while the maximum of 20.8 percent was recorded in 1977.
From March 2020 to January 2021, the monthly change in the Consumer Price Index (CPI) in Sweden fluctuated between -0.4 and 0.7 percent. However, through most of 2021, the monthly change in the CPI was constantly positive, albeit between 0.1 and 0.5 percent. Except for January, it continued to be positive through 2022, with increases as high as 1.8 percent in March and August, and above two percent in December. It then fluctuated more through the first months of 2023. Post-COVID-19 effects and Russia's invasion of Ukraine caused high inflation rates in Sweden and several other countries in 2022.
Inflation rate of Guatemala jumped by 5.38% from 1.7 % in 2025M5 to 1.8 % in 2025M6. Since the 6.67% slump in 2025M4, inflation rate shot up by 23.13% in 2025M6.
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El Salvador: Inflation forecast: The latest value from 2030 is 1.8 percent, unchanged from 1.8 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for El Salvador from 1980 to 2030 is 7.04 percent. The minimum value, -1.03 percent, was reached in 1999 while the maximum of 31.96 percent was recorded in 1985.
Canada's inflation rate experienced significant fluctuations from 2018 to 2025. Inflation peaked at 8.1 percent in June 2022 before steadily declining to 1.8 percent by December 2024. In early 2025, inflation began to increase again, rising to 2.6 percent in February, and dropping to 1.7 percent in March. In response to rising inflation between 2020 and 2022, the Bank of Canada implemented aggressive interest rate hikes. The bank rate reached a maximum of 5.25 percent in July 2023 and remained stable until June 2024. As inflationary pressures eased in the second half of 2024, the central bank reduced interest rates to 3.5 percent in December 2024. In 2025, the bank rate witnessed two cuts, standing at three percent in April 2025. This pattern reflected broader global economic trends, with most advanced and emerging economies experiencing similar inflationary challenges and monetary policy adjustments. Global context of inflation and interest rates The Canadian experience aligns with the broader international trend of central banks raising policy rates to combat inflation. Between 2021 and 2023, nearly all advanced and emerging economies increased their central bank rates. However, a shift occurred in the latter half of 2024, with many countries, including Canada, beginning to lower rates. This change suggests a new phase in the global economic cycle and monetary policy approach. Notably, among surveyed countries, Russia maintained the highest interest rate in early 2025, while Japan had the lowest rate. Comparison with the United States The United States experienced a similar trajectory in inflation and interest rates. U.S. inflation peaked at 9.1 percent in June 2022, slightly higher than Canada's peak. The Federal Reserve responded with a series of rate hikes, reaching 5.33 percent in August 2023. This rate remained unchanged until September 2024, when the first cut since September 2021 was implemented. In contrast, Canada's bank rate peaked at 5.25 percent and began decreasing earlier, with cuts in June and July 2024. These differences highlight the nuanced approaches of central banks in managing their respective economies amid global inflationary pressures.
Private consumption is fell in all five Nordic countries in 2020 as a result of COVID-19. The fall was most dramatic in Norway at nearly ***** percent, with Denmark having the lowest fall at roughly *** percent. However, the consumption increased in all five countries in 2021, and is expected to continue to have increased further in 2022 except for Denmark. Private consumption is estimated to have slowed somewhat in 2023 due to the high inflation rates.
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Core consumer prices in the United States increased 2.90 percent in June of 2025 over the same month in the previous year. This dataset provides - United States Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The inflation rate for the Republic of Ireland in March 2025 was two percent, up from 1.8 percent in the previous month. During the provided time period, inflation reached a peak of 9.2 percent in October 2022, and was at its lowest in October 2020, when prices were falling by 1.5 percent. In the most recent month, the sector which had the fastest rate of price rises was restaurants and hotels, at 3.7 percent, while prices were falling by eight percent for clothing and footwear. Inflation subsides but remains a key issue Like in many other economies, the global inflation crisis, led to increased inflation in Ireland from 2021 to 2023, reaching a peak of 9.2 percent in late 2022. As of October 2024, approximately 39 percent of people in Ireland, still saw inflation as one of the top two most important issues facing the country, down from 65 percent in July 2022. Furthermore, inflation was second only to housing as a top issue in the country, ahead of health, immigration, and climate change. Another survey highlights the fact that despite inflation subsiding, people are still struggling with the cost of living. When asked how well they are coping financially, just eleven percent of respondents advised they were living comfortably, with 37 percent just getting by, and almost a quarter finding it quite, or very difficult. Key economic indicators of Ireland Ireland's overall gross domestic product (GDP) in 2024 was estimated to be over 560.6 billion U.S. dollars, up from 551.6 billion dollars in 2023. Due to the presence of several multinational companies in the country, however, Ireland's GDP figure can be misleading. In 2022, for example, while overall GDP was 506.3 billion Euros, gross national income (GNI) was just 363.6 billion Euros, with modified GNI even lower at 273.1 billion Euros. Looking at Ireland's labor market, there were around 2.79 million people employed in the country in 2024, while the unemployment rate has, as of early 2025, fluctuated between four and 4.6 percent since April 2022.
The statistic shows the inflation rate in Australia from 1987 to 2023, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2023, the average inflation rate in Australia was at about 5.62 percent compared to the previous year. Australia's economy Australia has one of the world’s largest economies and is a significant global importer and exporter. It is also labeled as one of the G20 countries, also known as the Group of Twenty, which consists of 20 major economies around the globe. The Australian economy is highly dependent on its mining sector as well as its agricultural sector in order to grow, and it exports the majority of these goods to eastern Asian countries, most prominently China. Large quantities of exports have helped Australia maintain a stable economy and furthered economic expansion, despite being affected by several economic obstacles. Australia’s GDP has seen a significant increase over the past decade, more than doubling its value, and experienced a rather quick recovery from the 2008 financial crisis, which indicates that the country experienced economic growth as well as higher productivity. One of the primary reasons is the further development of the nation’s mining industry coupled with the expansion and success of many Australian mining companies.
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Inflation Rate in the United States increased to 2.70 percent in June from 2.40 percent in May of 2025. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.