In 2024, the consumer price index (CPI) was 315.61. Data represents U.S. city averages. The monthly inflation rate for the United States can be found here. United States urban Consumer Price Index (CPI) The U.S. Consumer Price Index is a measure of change in the price of consumer goods and services purchased by households. The CPI is defined by the United States Bureau of Labor Statistics as "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." To calculate the CPI, the Bureau of Labor Statistics considers the price of goods and services from various categories: housing, transportation, apparel, food & beverage, medical care, recreation, education and other/uncategorized. The CPI is a useful measure, as it indicates how the cost of urban living in the United States has changed over time, compared to a base period. CPI is also used to calculate inflation, or change in the purchasing power of money. According to the U.S. Bureau of Labor Statistics, the U.S. urban CPI has been rising steadily since 1992. As of 2023, the CPI was 304.7, up from 233 ten years earlier and up from 184 twenty years earlier. This indicates the extent to which, compared to a base period 1982-1984 = 100, the price of various goods and services has risen.
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The USD/BRL exchange rate rose to 5.5573 on July 11, 2025, up 0.46% from the previous session. Over the past month, the Brazilian Real has weakened 0.37%, and is down by 2.35% over the last 12 months. Brazilian Real - values, historical data, forecasts and news - updated on July of 2025.
The euro-to-dollar exchange rate fluctuated significantly in 2022, reaching its lowest recorded value since 2008 during that time. Figures were different later in the year, however, with a rate of 1.17 USD recorded at the end of June 27, 2025. The average (standardized) measure is based on the calculation of many observations throughout the period in question. It is therefore different from an annual measure at a point, which reflects concrete values as of end of the year. Establishment The euro, which was established in 1992, introduced in non-physical form in 1999 and finally rolled out in 2002, is used by 19 of the 27 member states of the European Union. This group of 19 countries is otherwise known as the eurozone or euro area. By 2018, the total value of euro currency in circulation was almost 1.2 trillion euros, or over 3.4 thousand euros per capita. Euro to USD Between 2001 and 2008, the average annual exchange rate of the euro to the U.S. dollar noted a steep increase. In 2008, the euro to U.S. dollar annual average exchange rate was equal to 1.47, which meant that one euro could buy 1.47 U.S. dollars. By 2019, this value had decreased overall, to a value of 1.12 which meant that one euro could buy 1.12 U.S. dollars. Similar dynamics in the euro to U.S. dollar exchange rate were also reflected in the monthly exchange rate recently.
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The USD/EGP exchange rate fell to 49.4900 on July 11, 2025, down 0.04% from the previous session. Over the past month, the Egyptian Pound has strengthened 0.56%, but it's down by 3.21% over the last 12 months. Egyptian Pound - values, historical data, forecasts and news - updated on July of 2025.
The gross domestic product (GDP) in current prices in Latvia stood at about 43.51 billion U.S. dollars in 2024. Between 1992 and 2024, the GDP rose by approximately 41.87 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 15.50 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
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 USD/TRY exchange rate rose to 40.1688 on July 11, 2025, up 0.02% from the previous session. Over the past month, the Turkish Lira has weakened 2.15%, and is down by 21.55% over the last 12 months. Turkish Lira - values, historical data, forecasts and news - updated on July of 2025.
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Graph and download economic data for Gross Domestic Product: Implicit Price Deflator (GDPDEF) from Q1 1947 to Q1 2025 about implicit price deflator, headline figure, inflation, GDP, and USA.
By the end of 2024, total retail sales reached approximately **** trillion U.S. dollars, around a quarter of a billion U.S. dollar increase from the year before. Retail sales have steadily increased since 2009, as the economy recovered from the downward trend due to the recession following the 2007-2008 financial crisis, and most recently from the impact of the coronavirus (COVID-19) crisis. The United States as retail powerhouse The United States is home to many of the leading retail companies in the world, including Walmart, Costco, and Amazon. Amazon, in particular, has seen extreme levels of growth in revenue in tandem with the increase of e-commerce globally. The rise of e-commerce and mobile shopping E-commerce is responsible for a growing percentage of total retail sales, partially due to a surge in mobile shopping, with customers increasingly using their mobile devices for various online shopping activities. Smartphones accounted for more retail website visits than desktops or tablets, and matched desktops in generating online shopping orders.
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The USD/SEK exchange rate rose to 9.5525 on July 11, 2025, up 0.58% from the previous session. Over the past month, the Swedish Krona has weakened 1.12%, but it's up by 8.85% over the last 12 months. Swedish Krona - values, historical data, forecasts and news - updated on July of 2025.
In 2024, U.S. supermarket and other grocery store sales amounted to about ***** billion U.S. dollars. This is more than double the sales amounts that were generated back in 1992. Supermarkets and grocery stores in the U.S. WalMart stores dominated sales of the leading grocery retailers in 2023, generating close to *** billion U.S. dollars. Kroger and Ahold Delhaize each reached sales numbers of about *** and ** billion U.S. dollars, respectively, within the same period. In 2018, there were over 38,000 supermarket stores in the United States. Over ** percent of this total were supermarket chains. Supermarket formats In the United States, there are various types of supermarkets consumers can visit, such as natural/gourmet food supermarkets, warehouse grocery stores, and military commissaries. The most common type of supermarket in the country is one of the conventional kind. In 2018, there were just over ****** conventional supermarkets in the United States. The second most common type is the supercenter for groceries and mass merchandise, of which there were about ***** that year.
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Foreign Exchange Reserves in Egypt increased to 48700 USD Million in June from 48530 USD Million in May of 2025. This dataset provides the latest reported value for - Egypt Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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The USD/COP exchange rate fell to 3,999.0000 on July 11, 2025, down 0.42% from the previous session. Over the past month, the Colombian Peso has strengthened 4.00%, but it's down by 1.80% over the last 12 months. Colombian Peso - values, historical data, forecasts and news - updated on July of 2025.
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The USD/ZMW exchange rate fell to 23.1400 on July 11, 2025, down 1.22% from the previous session. Over the past month, the Zambian Kwacha has strengthened 6.32%, and is up by 9.38% over the last 12 months. Zambian Kwacha - values, historical data, forecasts and news - updated on July of 2025.
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The USD/QAR exchange rate fell to 3.6406 on July 11, 2025, down 0.39% from the previous session. Over the past month, the Qatari Riyal has strengthened 0.12%, and is up by 0.14% over the last 12 months. Qatari Riyal - values, historical data, forecasts and news - updated on July of 2025.
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The USD/ZAR exchange rate rose to 17.9079 on July 11, 2025, up 0.97% from the previous session. Over the past month, the South African Rand has weakened 0.60%, but it's up by 0.25% over the last 12 months. South African Rand - values, historical data, forecasts and news - updated on July of 2025.
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Gasoline Prices in Mexico increased to 1.25 USD/Liter in June from 1.22 USD/Liter in May of 2025. This dataset provides the latest reported value for - Mexico Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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The USD/ETB exchange rate rose to 136.9000 on July 11, 2025, up 1.13% from the previous session. Over the past month, the Ethiopian Birr has strengthened 0.37%, but it's down by 137.34% over the last 12 months. Ethiopian Birr - values, historical data, forecasts and news - updated on July of 2025.
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In 2024, the consumer price index (CPI) was 315.61. Data represents U.S. city averages. The monthly inflation rate for the United States can be found here. United States urban Consumer Price Index (CPI) The U.S. Consumer Price Index is a measure of change in the price of consumer goods and services purchased by households. The CPI is defined by the United States Bureau of Labor Statistics as "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." To calculate the CPI, the Bureau of Labor Statistics considers the price of goods and services from various categories: housing, transportation, apparel, food & beverage, medical care, recreation, education and other/uncategorized. The CPI is a useful measure, as it indicates how the cost of urban living in the United States has changed over time, compared to a base period. CPI is also used to calculate inflation, or change in the purchasing power of money. According to the U.S. Bureau of Labor Statistics, the U.S. urban CPI has been rising steadily since 1992. As of 2023, the CPI was 304.7, up from 233 ten years earlier and up from 184 twenty years earlier. This indicates the extent to which, compared to a base period 1982-1984 = 100, the price of various goods and services has risen.