Inflation Rate in Cuba decreased to 24.02 percent in February from 24.23 percent in January of 2025. This dataset provides the latest reported value for - Cuba Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

During the financial year 2023, the cost inflation index (CII) in India stood at 348. This was an increase from the previous year's figure of 331. The CII is used to compute an asset's inflation-adjusted cost price. It is used to assess the inflation value of assets like land, houses, jewelry etc.

Inflation Rate in Kenya increased to 3.50 percent in February from 3.30 percent in January of 2025. This dataset provides the latest reported value for - Kenya Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The annual average consumer price index in Argentina was forecast to continuously increase between 2024 and 2029 by in total 24,742.5 points (+202.76 percent). After the twenty-second consecutive increasing year, the index is estimated to reach 36,945.35 points and therefore a new peak in 2029. Notably, the annual average consumer price index was continuously increasing over the past years.As defined by the International Monetary Fund, this indicator measures inflation on the basis of the average consumer price index. This index measure expresses a country's average level of prices based on a typical basket of consumer goods and services during a certain year. Typically a reference year exists for which a value of 100 had been assigned.Find more key insights for the annual average consumer price index in countries like Paraguay, Uruguay, and Chile.

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.

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.

Inflation Rate in Qatar decreased to -1.15 percent in January from 0.24 percent in December of 2024. This dataset provides the latest reported value for - Qatar Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation is generally defined as the continued increase in the average prices of goods and services in a given region. Following the extremely high global inflation experienced in the 1980s and 1990s, global inflation has been relatively stable since the turn of the millennium, usually hovering between three and five percent per year. There was a sharp increase in 2008 due to the global financial crisis now known as the Great Recession, but inflation was fairly stable throughout the 2010s, before the current inflation crisis began in 2021. Recent years Despite the economic impact of the coronavirus pandemic, the global inflation rate fell to 3.26 percent in the pandemic's first year, before rising to 4.66 percent in 2021. This increase came as the impact of supply chain delays began to take more of an effect on consumer prices, before the Russia-Ukraine war exacerbated this further. A series of compounding issues such as rising energy and food prices, fiscal instability in the wake of the pandemic, and consumer insecurity have created a new global recession, and global inflation in 2024 is estimated to have reached 5.76 percent. This is the highest annual increase in inflation since 1996. Venezuela Venezuela is the country with the highest individual inflation rate in the world, forecast at around 200 percent in 2022. While this is figure is over 100 times larger than the global average in most years, it actually marks a decrease in Venezuela's inflation rate, which had peaked at over 65,000 percent in 2018. Between 2016 and 2021, Venezuela experienced hyperinflation due to the government's excessive spending and printing of money in an attempt to curve its already-high inflation rate, and the wave of migrants that left the country resulted in one of the largest refugee crises in recent years. In addition to its economic problems, political instability and foreign sanctions pose further long-term problems for Venezuela. While hyperinflation may be coming to an end, it remains to be seen how much of an impact this will have on the economy, how living standards will change, and how many refugees may return in the coming years.

The Consumer Price Index in Indonesia decreased 0.48 percent in February of 2025 over the previous month. This dataset provides the latest reported value for - Indonesia Inflation Rate Mom - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

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 average inflation rate in Iraq was forecast to continuously decrease between 2024 and 2029 by in total 0.2 percentage points. The inflation is estimated to amount to three percent in 2029. Following the definitions provided by the International Monetary Fund, this indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. Depicted here is the year-on-year change in said index measure, expressed in percent.Find more key insights for the average inflation rate in countries like Israel, Qatar, and Kuwait.

Inflation in Zimbabwe rose to 10.61 percent in 2018, and is projected to jump dramatically to 577.21 percent in 2020. After that, estimates predict a slow decline for now - however, given Zimbabwe’s history of poor monetary policy, including one of the worst instances of hyperinflation, this seems unrealistic.

Inflation history

Inflation depends significantly on economic expectations of it, making it hard to reduce inflation once it has hit higher levels. This happened in Zimbabwe in the years approaching 2008, at the end of which a single U.S. dollar was worth over 2.6 trillion Zimbabwe dollars, up from 10,000 Zimbabwe dollars at the start of 2005. This all but destroyed Zimbabwe’s economy, leading to very low gross domestic product (GDP) per capita and a government struggling to finance itself.

The way ahead

In 2009, the Zimbabwean dollar had twelve zeros slashed from the banknotes. This was not enough, and after three decades of rule, former Zimbabwean president Robert Mugabe was removed from power at the end of 2017. Citizens of the country are trying to hold foreign banknotes; they prefer U.S. dollars or euros, but the South African rand is more common. However, the rand’s performance against other currencies has been lackluster in recent years. This underscores the struggle that the Zimbabwean people have to find a stable currency at the moment.

The German inflation rate has returned to normal levels of around 2.2 percent, based on preliminary figures for 2024. Compared to skyrocketing rates in 2022 and 2023, this can be seen as an improvement of the national economic situation. Various factors influenced the recent development of inflation in Germany. These are the same that pushed inflation levels around the rest of the world, particularly since the beginning of the Russia-Ukraine war in 2022. The most recent recorded annual inflation rate in Germany is within the normal range defined by central banks internationally, which is generally between 1.5 and four percent a year. The 2.2 percent for 2024 are not only noticeably lower than the preceding two years, but also less than in 2021, one of the COVID-19 pandemic lockdown years in Germany. 2022 and 2023 followed on the heels of the challenges posed by the pandemic which were already straining the national economy: supply chain interruptions and delays, transport problems, labor shortages across sectors and industries. These issues continue to partially impact the economy today.

Inflation Rate in Oman remained unchanged at 1 percent in February. This dataset provides - Oman Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long term historical dataset of the broad price-adjusted U.S. dollar index published by the Federal Reserve. The index is adjusted for the aggregated home inflation rates of all included currencies. The price adjustment is especially important with our Asian and South American trading partners due to their significant inflation episodes of the 80s and 90s.

In August 2024, the global producer price index (PPI)/ wholesale price index inflation (WPI), excluding the U.S., stood at 174.01. In the United States, the index value amounted to 165.3. The PPI/WPI inflation tracks changes in the level of prices received by domestic producers for their goods and services. Consumer habits and price increases As of August 2024, consumers considered rising prices and inflation to be their biggest worry. Consumers are expressing this worry in numerous ways. Globally, over 20 percent of consumers have said they would shop less and seek cheaper options in response to price increases. Moreover, nearly 70 percent of surveyed consumers globally reduced their gift giving to extended family and friends during the holiday season in 2023 to stretch their budgets further. Impact of inflation on emerging economies Notably, emerging economies have a higher WPI value than advanced economies. Between 2021 and 2022, the average inflation rate in developing and emerging economies increased from 5.9 percent to 9.8 percent, before falling slightly to 8.34 percent in 2023. The countries with the highest inflation rates in 2023 include many developing and emerging economies, such as Zimbabwe, Argentina, Turkey, and Suriname.

Graph and download economic data for Employment Cost Index: Wages and Salaries: Private Industry Workers (ECIWAG) from Q1 2001 to Q4 2024 about cost, ECI, salaries, workers, private industries, wages, private, employment, industry, inflation, indexes, and USA.

Graph and download economic data for Gross Domestic Product: Implicit Price Deflator (GDPDEF) from Q1 1947 to Q4 2024 about implicit price deflator, headline figure, inflation, GDP, and USA.

Key information about Egypt Consumer Price Index CPI growth

• Egypt Consumer Price Index (CPI) growth was measured at 12.8 % YoY in Feb 2025, compared with a rate of 24.0 % in the previous month.
• Egypt Consumer Price Index growth data is updated monthly, available from Jan 1958 to Feb 2025, with an averaged number of 9.5 % YoY.
• The data reached an all-time high of 38.0 % YoY in Sep 2023 and a record low of -4.2 % YoY in Aug 1962.

CEIC extends history for monthly Consumer Price Index Growth. The Central Agency for Public Mobilization and Statistics provides Consumer Price Index Growth with base 2018-2019=100. Consumer Price Index covers Urban area only as it is the official index used for inflation calculation in Egypt. Consumer Price Index Growth prior to January 2005 is sourced from the International Monetary Fund.