U.S. inflation rate for 2023 was 4.13%, a 3.88% decline from 2022.

<ul style='margin-top:20px;'>

<li>U.S. inflation rate for 2022 was <strong>8.00%</strong>, a <strong>3.3% increase</strong> from 2021.</li>
<li>U.S. inflation rate for 2021 was <strong>4.70%</strong>, a <strong>3.46% increase</strong> from 2020.</li>
<li>U.S. inflation rate for 2020 was <strong>1.23%</strong>, a <strong>0.58% decline</strong> from 2019.</li>
</ul>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.

Graph and download economic data for Inflation, consumer prices for the United States (FPCPITOTLZGUSA) from 1960 to 2024 about consumer, CPI, inflation, price index, indexes, price, and USA.

Historical chart and dataset showing World inflation rate by year from 1981 to 2023.

Uzbekistan was estimated the highest inflation rate in Eurasia in 2024, at approximately 10 percent. It was followed by Kazakhstan, where consumer prices would grow by around 8.6 percent on average compared to the previous year. Ukraine's inflation rate decreased after having peaked in 2022.

Inflation Rate in Pakistan increased to 3.50 percent in May from 0.30 percent in April of 2025. This dataset provides the latest reported value for - Pakistan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Rate in China remained unchanged at -0.10 percent in May. This dataset provides - China Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Historical chart and dataset showing Japan inflation rate by year from 1960 to 2024.

This statistic shows the monthly inflation rate for HICP (all items) compared to the same period in the previous year in Norway from January to December 2018. In December 2018, the inflation rate was 3.9 percent compared to the same month in the previous year.

India inflation rate for 2024 was 4.95%, a 0.7% decline from 2023.

<ul style='margin-top:20px;'>

<li>India inflation rate for 2023 was <strong>5.65%</strong>, a <strong>1.05% decline</strong> from 2022.</li>
<li>India inflation rate for 2022 was <strong>6.70%</strong>, a <strong>1.57% increase</strong> from 2021.</li>
<li>India inflation rate for 2021 was <strong>5.13%</strong>, a <strong>1.49% decline</strong> from 2020.</li>
</ul>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 India decreased to 2.82 percent in May from 3.16 percent in April of 2025. This dataset provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Indonesia decreased to 1.60 percent in May from 1.95 percent in April of 2025. This dataset provides - Indonesia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Hong Kong decreased to 1.90 percent in May from 2 percent in April of 2025. This dataset provides the latest reported value for - Hong Kong Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Measures of monthly UK inflation data including CPIH, CPI and RPI. These tables complement the consumer price inflation time series dataset.

Inflation Rate in Japan decreased to 3.50 percent in May from 3.60 percent in April of 2025. This dataset provides the latest reported value for - Japan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Rate in Brazil decreased to 5.32 percent in May from 5.53 percent in April of 2025. This dataset provides - Brazil Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Sweden decreased to 0.20 percent in May from 0.30 percent in April of 2025. This dataset provides - Sweden Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows the monthly inflation rate for HICP (all items) compared to the same period in the previous year in Sweden from January to December 2018. In December 2018, the inflation rate was 2.2 percent compared to the same month in the previous year.

China inflation rate for 2024 was 0.22%, a 0.02% decline from 2023.

<ul style='margin-top:20px;'>

<li>China inflation rate for 2023 was <strong>0.23%</strong>, a <strong>1.74% decline</strong> from 2022.</li>
<li>China inflation rate for 2022 was <strong>1.97%</strong>, a <strong>0.99% increase</strong> from 2021.</li>
<li>China inflation rate for 2021 was <strong>0.98%</strong>, a <strong>1.44% decline</strong> from 2020.</li>
</ul>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 inflation rate in the United States declined significantly between June 2022 and March 2025, despite rising inflationary pressures towards the end of 2024. The peak inflation rate was recorded in June 2022, at 9.1 percent. In August 2023, the Federal Reserve's interest rate hit its highest level during the observed period, at 5.33 percent, and remained unchanged until September 2024, when the Federal Reserve implemented its first rate cut since September 2021. By January 2025, the rate dropped to 4.33 percent, signalling a shift in monetary policy. What is the Federal Reserve interest rate? The Federal Reserve interest rate, or the federal funds rate, is the rate at which banks and credit unions lend to and borrow from each other. It is one of the Federal Reserve's key tools for maintaining strong employment rates, stable prices, and reasonable interest rates. The rate is determined by the Federal Reserve and adjusted eight times a year, though it can be changed through emergency meetings during times of crisis. The Fed doesn't directly control the interest rate but sets a target rate. It then uses open market operations to influence rates toward this target. Ways of measuring inflation Inflation is typically measured using several methods, with the most common being the Consumer Price Index (CPI). The CPI tracks the price of a fixed basket of goods and services over time, providing a measure of the price changes consumers face. At the end of 2023, the CPI in the United States was 158.11 percent, up from 153.12 a year earlier. A more business-focused measure is the producer price index (PPI), which represents the costs of firms.

United States FRBOP Forecast: Annual(CPI) Consumer Price IndexInflation: sa: Mean: Current data was reported at 2.394 % in Dec 2018. This records a decrease from the previous number of 2.467 % for Sep 2018. United States FRBOP Forecast: Annual(CPI) Consumer Price IndexInflation: sa: Mean: Current data is updated quarterly, averaging 2.835 % from Sep 1981 (Median) to Dec 2018, with 150 observations. The data reached an all-time high of 9.932 % in Dec 1981 and a record low of 0.265 % in Mar 2009. United States FRBOP Forecast: Annual(CPI) Consumer Price IndexInflation: sa: Mean: Current data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s United States – Table US.I008: Consumer Price Index: Urban: sa: Forecast: Federal Reserve Bank of Philadelphia.