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.

Indonesia MA: Revised Budget: Inflation data was reported at 3.500 % in 2019. This stayed constant from the previous number of 3.500 % for 2018. Indonesia MA: Revised Budget: Inflation data is updated yearly, averaging 6.000 % from Dec 2001 (Median) to 2019, with 19 observations. The data reached an all-time high of 12.500 % in 2008 and a record low of 3.500 % in 2019. Indonesia MA: Revised Budget: Inflation data remains active status in CEIC and is reported by Directorate General of Budget. The data is categorized under Global Database’s Indonesia – Table ID.FA002: Government Budget: Revised. 2018 figure are budget figure due to no revision budget from government. Angka 2018 adalah angka APBN karena pemerintah meniadakan APBN-P.

This dataset has information about the cost of providing General Fund City services per capita of the Full Purpose City population (SD23 measure GTW.A.4). It provides expense information from the annual approved budget document (General Fund Summary and Budget Stabilization Reserve Fund Summary) and population information from the City Demographer's Full Purpose Population numbers. The Consumer Price Index information for Texas is available through the following Key Economic Indicators dataset: https://data.texas.gov/dataset/Key-Economic-Indicators/karz-jr5v. This dataset can be used to help understand the cost of city services over time. View more details and insights related to this dataset on the story page: https://data.austintexas.gov/stories/s/ixex-hibp

A survey from June 2022 found that inflation already inspired one in five U.S. consumers to cancel at least one streaming service subscription. A further ** percent stated that they will have to drop streaming services if inflation continues at the current rate. Only ** percent of people interviewed said that inflation has no impact on their streaming behavior.

In 2024, about ** percent of French consumers taking part in a survey stated that they agreed or somewhat agreed that they had to reduce their holiday budget because of inflation. Only a small percentage of respondents disagreed.

Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) from 1929 to 2024 about budget, federal, GDP, and USA.

During a survey held in early 2023, two-thirds of responding marketing leaders from the mining construction industry in the United Kingdom (UK) said inflationary pressures are increased their marketing spending levels. Respondents from healthcare firms followed with 50 percent. On the other hand, more than 70 percent of the responding marketing leaders from service consulting companies stated that inflationary pressures decreased their marketing spending levels.

During an early 2023 survey among marketing leaders from for-profit companies in the United Kingdom, slightly more than ** percent of the respondents said that inflationary pressures decreased their marketing spending levels. Approximately ** percent of responding marketing leaders stated that inflationary pressures increased their marketing spending levels. On the other hand, around ** percent of the respondents said that inflationary pressures didn't affect their marketing spending levels.

Analysis of ‘Strategic Measure_Cost of City Services per Capita Adjusted for Inflation (General Fund only)’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from https://catalog.data.gov/dataset/c917199e-c499-4d5d-88ea-8926519d00f1 on 26 January 2022.

--- Dataset description provided by original source is as follows ---

This dataset has information about the cost of providing General Fund City services per capita of the Full Purpose City population (SD23 measure GTW.A.4). It provides expense information from the annual approved budget document (General Fund Summary and Budget Stabilization Reserve Fund Summary) and population information from the City Demographer's Full Purpose Population numbers. The Consumer Price Index information for Texas is available through the following Key Economic Indicators dataset: https://data.texas.gov/dataset/Key-Economic-Indicators/karz-jr5v.

This dataset can be used to help understand the cost of city services over time.

View more details and insights related to this dataset on the story page: https://data.austintexas.gov/stories/s/ixex-hibp

--- Original source retains full ownership of the source dataset ---

Brazil State Government: All States: Expenditure: Capital: Amortization Debt: Direct Application: Inflation & Foreign Contractual Debt Redeemed data was reported at 2,952,182.130 BRL in 2014. This records a decrease from the previous number of 11,211,278.670 BRL for 2013. Brazil State Government: All States: Expenditure: Capital: Amortization Debt: Direct Application: Inflation & Foreign Contractual Debt Redeemed data is updated yearly, averaging 7,081,730.400 BRL from Dec 2013 (Median) to 2014, with 2 observations. The data reached an all-time high of 11,211,278.670 BRL in 2013 and a record low of 2,952,182.130 BRL in 2014. Brazil State Government: All States: Expenditure: Capital: Amortization Debt: Direct Application: Inflation & Foreign Contractual Debt Redeemed data remains active status in CEIC and is reported by National Treasury Secretariat. The data is categorized under Brazil Premium Database’s Government and Public Finance – Table BR.FE001: State Government Consolidated Budget: All States.

This data set provides information on the annual execution (liquidation) of the Budget of the City of Madrid and its Autonomous Bodies from 2011 to the last closed financial year. The data offered refer to the revenue budget, the expenditure budget, as well as the investment projects they have implemented in each of the years. In relation to the revenue budget, the information is shown according to the organic (center) and economic (subconcept) classification. For each of them, the amount initially foreseen, the modifications that have existed during the year, the final forecast, the rights recognized and their collection are offered. As regards the expenditure budget, the data are also provided according to the threefold organic (centre and section), functional (programme) and economic (sub-concept) classification of the different expenditure budget applications. In this case, the initial credit, its modifications, the final credit, the authorized credit, the drawn credit and the recognized obligations are shown for each of them. For each of the investment projects implemented, the investment data show, inter alia, the code and title of the project, the investment line and sub-line in which the project is classified, the district in which it is located, the budget application (centre and section, programme and sub-concept) where its credit is located, as well as the initial credit, its modifications, the final credit, the authorized credit, the available credit, the recognized obligations and the payments made in each of them. Finally, there are some files that show the eliminations that must be practiced in the budget of income and in the budget of expenses to be able to obtain the consolidated information of the City of Madrid with its Autonomous Organisms. It should be noted that the amounts shown in the files are nominal. Through the website Presupuestosabiertosmadrid.es you can view the consolidated monthly execution data since 2011, both in nominal and real terms, that is, adjusted for inflation. Access the Open Budgets visualization In the associated Documentation section you can find a structure document that describes the information contained in the different files that can be downloaded and a glossary of terms that facilitates the understanding of the data.

This dataset provides information on the monthly execution of the Budget of the Madrid City Council and its Autonomous Bodies during the current financial year. The data provided refer to the revenue budget, the expenditure budget, as well as the investment projects that are being implemented during the year. In relation to the revenue budget, the information is shown according to the organic (center) and economic (subconcept) classification. For each of them, the amount initially foreseen, the modifications that have existed during the year, the final forecast, the rights recognized and their collection are offered. As regards the expenditure budget, the data are also provided according to the threefold organic (centre and section), functional (programme) and economic (sub-concept) classification of the different expenditure budget applications. In this case, the initial credit, its modifications, the final credit, the authorized credit, the drawn credit and the recognized obligations are shown for each of them. For each of the investment projects implemented, the investment data contain, inter alia, the code and title of the project, the investment line and sub-line in which the project is classified, the district in which it is located, the budget application (centre and section, programme and sub-concept) where its credit is located, as well as the initial credit, its modifications, the final credit, the authorized credit, the available credit, the recognized obligations and the payments made in each of them. Finally, there are some files that show the eliminations that must be practiced in the budget of income and in the budget of expenses to be able to obtain the consolidated information of the City of Madrid with its Autonomous Organisms. It should be noted that the amounts shown in all the files are nominal. This information is updated monthly on the 15th of the month, obtaining at that time the information of the previous month (for example, on February 15, the data for the month of January would be obtained). It should also be noted that the information of the last month shown consolidates the information of the previous months, i.e. the November budget execution, for example, includes the execution of the first eleven months of the year, and not only the November data. Through the website Presupuestosabiertosmadrid.es you can view the consolidated monthly execution data since 2011, both in nominal and real terms, that is, adjusted for inflation. Access the Open Budgets visualization In the associated Documentation section you can find a structure document that describes the information contained in the different files that can be downloaded and a glossary of terms that facilitates the understanding of the data.

The statistic shows the inflation rate in India from 1987 to 2024, 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 2024, the inflation rate in India was around 4.67 percent compared to the previous year. See figures on India's economic growth for additional information. India's inflation rate and economy Inflation is generally defined as the increase of prices of goods and services over a certain period of time, as opposed to deflation, which describes a decrease of these prices. Inflation is a significant economic indicator for a country. The inflation rate is the rate at which the general rise in the level of prices, goods and services in an economy occurs and how it affects the cost of living of those living in a particular country. It influences the interest rates paid on savings and mortgage rates but also has a bearing on levels of state pensions and benefits received. A 4 percent increase in the rate of inflation in 2011 for example would mean an individual would need to spend 4 percent more on the goods he was purchasing than he would have done in 2010. India’s inflation rate has been on the rise over the last decade. However, it has been decreasing slightly since 2010. India’s economy, however, has been doing quite well, with its GDP increasing steadily for years, and its national debt decreasing. The budget balance in relation to GDP is not looking too good, with the state deficit amounting to more than 9 percent of GDP.

The file "dataset_regression_income.csv" contains a dataset developed in the analysis of inflation heterogeneity for Italian Households in the period 2015-2023.The dataset is the outcome of merging the yearly Household Budget Surveys (HBS) conducted by the Italian National Institute of Statistics (Istat), the Harmonised Index of Consumer Prices (HICP) which is calculated monthly by Istat, according to EU regulations, and the Survey on Households Income and Wealth (SHIW) conducted by Bank of Italy.Mapping price information into consumption decisions and aggregating an individual price index for each household according to a Laspeyres Formula leads to the computation of household-level inflation rates.Furthermore, we compute non-durable equivalent expenditure for each household as a proxy of living standards. The variable is obtained by subtracting durable expenditure from total aggregate expenditure and scaling down by an household equivalent scale (in the benchmark specification, the square root of the household size). The decile distribution of the variable is also computed.Finally, we apply a statistical matching procedure to integrate income information from SHIW data sources. The output is a synthetic dataset containing both expenditure and income information that preserves the joint distribution and correlation structures of the original datasets.The file "ISTAT_MFR_HBS_EUR.csv" is a conversion table that maps ECOICOP items to HBS expenditure voices.

Graph and download economic data for Noncyclical Rate of Unemployment from Q1 1949 to Q4 2035 about NAIRU, long-term, projection, unemployment, rate, and USA.

Graph and download economic data for Federal Surplus or Deficit - from 1901 to 2024 about budget, federal, and USA.

In 2023, the U.S. government had a budget deficit of 1.69 trillion U.S. dollars. This is compared to 2000, when the government had a budget surplus of 0.24 trillion U.S. dollars.

U.S. Government budget

The government budget is a financial statement that demonstrates the government’s suggested revenues and spending for the financial year. Budget surpluses occur when income exceeds expenditures. Budget deficits occur when spending exceeds income. The budget balance of the U.S. government has fluctuated since 2016, and is expected to decrease slightly by 2026.

Military spending

Defense outlays in the United States amounted to 714 billion U.S. dollars in 2020. It is expected to continue to increase over the next several years. The United States currently has the largest defense budget in the world, and is the largest employer in the world. The military budget funds the Army, Marine Corps, Navy, and Air Force. The amount of funding that goes towards the Department of Defense is heavily criticized by Democrats in the United States, because they believe that the funding should be more evenly distributed towards other social welfare programs such as public health insurance and education.

Graph and download economic data for Natural Rate of Unemployment (Short-Term) (DISCONTINUED) (NROUST) from Q1 1949 to Q4 2031 about NAIRU, short-term, projection, unemployment, rate, and USA.