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Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
The United States economy began to experience a period of higher inflation at the end of the 1960s. This trend marked the end of what was termed the 'Golden Era of Capitalism', a period following World War II in which the United States experienced historically unprecedented annual growth rates, along with low inflation and unemployment. While the causes of this inflation are debated, expansionary fiscal policy related to the Vietnam War at a time of full employment in the early 1960s likely contributed to rising price levels. Taxes were not raised to compensate for the increased costs of the war until 1968, at which point inflation had already climbed to 3.6 percent. On the other hand, military spending was small compared to overall U.S. GDP during this period, reaching a peak of 9.8% in 1968, indicating that military spending alone cannot explain the rising inflation rate. The sharp uptick after 1973 came as a result of the 1973 Arab-Israeli War in the Middle East, where Arab countries implemented an oil embargo against the United States for its support of Israel, and the price of oil rose exponentially.
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Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
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La inflación de precios al productor mensual en España disminuyó a 0.40 por ciento en enero desde 0.90 por ciento en diciembre de 2024. Los valores actuales, los datos históricos, las previsiones, estadísticas, gráficas y calendario económico - España - Inflación de precios al productor (mensual).
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نرخ تورم خدمات در استرالیا در چهارمین سه ماهه سال 2024 از 4.60 درصد در سومین سه ماهه سال 2024 به 4.30 درصد کاهش یافت. ارزش های فعلی، داده های تاریخی، پیش بینی، آمار، نمودار و تقویم اقتصادی - استرالیا - خدمات تورم.
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Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
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Producer Price Inflation MoM in Ireland decreased to -0.90 percent in February from 0.10 percent in January of 2025. This dataset includes a chart with historical data for Ireland Wholesale Price Inflation MoM.
The inflation rate for the Retail Price Index (RPI) in the United Kingdom was 3.4 percent in February 2025, down from 3.6 percent in the previous month. From 2021 onwards, prices in the UK rose rapidly, with the RPI inflation rate peaking at 14.2 percent in October 2022. Although inflation fell in subsequent months, it wasn't until July 2023 that inflation fell below double digits, and as of late 2024, the RPI rate was still above three percent. The CPI and CPIH While the retail price index is still a popular method of calculating inflation, the consumer price index (CPI) is the current main measurement of inflation in the UK. There is also an additional price index, which includes some extra housing costs, known as the Consumer Price Index including homer occupiers' costs (CPIH) index, which is seen by the UK's Office of National Statistics as the official inflation rate. As of December 2024, the CPI inflation rate stood at 2.5 percent, while the CPIH rate was 3.5 percent. Core inflation down in 2024 Another way of measuring inflation is to strip out the volatility of energy and food prices and look at the underlying core inflation rate. As of December 2024, this was 3.2 percent, slightly higher than the overall CPI rate, but more aligned with the overall figure than it was in 2022 and 2023. When inflation peaked at 11.2 percent in October 2022, for example, core inflation stood at just 6.5 percent. After energy prices in 2023 fell relative to 2022, the overall inflation rate in the UK declined quite rapidly, with core inflation overtaking the overall rate in July 2023. During the most recent period of high inflation, core inflation peaked at 7.1 percent in May 2023, and while taking longer to fall than the overall figure, has generally been declining since then.
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ABSTRACT In this paper we attempt to show that the gradual process of indexation which results from inflationary processes may be responsible for the reduction in the dispersion of relative prices. We develop a model relating the length of adjustment periods, indexation and the dispersion of relative prices. Next, we look at the evidences on the behavior of relative wages in Brazil. We conclude with a discussion of the efficiency of price freezes as a stabilization strategy.
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Monaco MC: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 5.303 % in 2023. This records an increase from the previous number of 3.221 % for 2022. Monaco MC: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 2.363 % from Dec 1971 (Median) to 2023, with 53 observations. The data reached an all-time high of 13.657 % in 1975 and a record low of -0.241 % in 2004. Monaco MC: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Monaco – Table MC.World Bank.WDI: Inflation. 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.;World Bank national accounts data, and OECD National Accounts data files.;Median;
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Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Meats (WPS0221) from Jan 1975 to Feb 2025 about meat, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.
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Inflation, monthly percent change in the CPI in Singapore, February, 2025 The most recent value is 0.8 percent as of February 2025, an increase compared to the previous value of 0.57 percent. Historically, the average for Singapore from February 1961 to February 2025 is 0.21 percent. The minimum of -1.91 percent was recorded in March 1975, while the maximum of 4.76 percent was reached in July 1973. | TheGlobalEconomy.com
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Greenland GL: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at -0.218 % in 2016. This records a decrease from the previous number of 6.131 % for 2015. Greenland GL: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 3.787 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 16.426 % in 1975 and a record low of -3.229 % in 2005. Greenland GL: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank: Inflation. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;
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Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Butter (WPS0232) from Jan 1975 to Dec 2016 about dairy, fat, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.
When adjusted for inflation, the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970. Although the real dollar minimum wage in 1970 was only 1.60 U.S. dollars, when expressed in nominal 2024 dollars this increases to 13.05 U.S. dollars. This is a significant difference from the federal minimum wage in 2024 of 7.25 U.S. dollars.
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Bangladesh BD: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 6.897 % in 2023. This records an increase from the previous number of 5.049 % for 2022. Bangladesh BD: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 6.257 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 80.570 % in 1975 and a record low of -17.630 % in 1976. Bangladesh BD: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bangladesh – Table BD.World Bank.WDI: Inflation. 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.;World Bank national accounts data, and OECD National Accounts data files.;Median;
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Silver increased 4.76 USD/t. oz or 16.49% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Silver - values, historical data, forecasts and news - updated on March of 2025.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Other Goods and Services in Seattle-Tacoma-Bellevue WA (CBSA) (CUURA423SAG) from Nov 1975 to Feb 2025 about Seattle, WA, urban, consumer, goods, services, CPI, inflation, price index, indexes, price, and USA.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Other Goods and Services in Atlanta-Sandy Springs-Roswell, GA (CBSA) (CUURA319SAG) from Dec 1975 to Dec 2024 about Atlanta, GA, urban, consumer, goods, services, CPI, inflation, price index, indexes, price, and USA.
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Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.