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

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<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.

The inflation rate in the United States is expected to decrease to 2.1 percent by 2029. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages. The base period was 1982-84. In economics, the inflation rate is a measurement of inflation, the rate of increase of a price index (in this case: consumer price index). It is the percentage rate of change in prices level over time. The rate of decrease in the purchasing power of money is approximately equal. According to the forecast, prices will increase by 2.9 percent in 2024. The annual inflation rate for previous years can be found here and the consumer price index for all urban consumers here. The monthly inflation rate for the United States can also be accessed here. Inflation in the U.S.Inflation is a term used to describe a general rise in the price of goods and services in an economy over a given period of time. Inflation in the United States is calculated using the consumer price index (CPI). The consumer price index is a measure of change in the price level of a preselected market basket of consumer goods and services purchased by households. This forecast of U.S. inflation was prepared by the International Monetary Fund. They project that inflation will stay higher than average throughout 2023, followed by a decrease to around roughly two percent annual rise in the general level of prices until 2028. Considering the annual inflation rate in the United States in 2021, a two percent inflation rate is a very moderate projection. The 2022 spike in inflation in the United States and worldwide is due to a variety of factors that have put constraints on various aspects of the economy. These factors include COVID-19 pandemic spending and supply-chain constraints, disruptions due to the war in Ukraine, and pandemic related changes in the labor force. Although the moderate inflation of prices between two and three percent is considered normal in a modern economy, countries’ central banks try to prevent severe inflation and deflation to keep the growth of prices to a minimum. Severe inflation is considered dangerous to a country’s economy because it can rapidly diminish the population’s purchasing power and thus damage the GDP .

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

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

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<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.

In 2024, the average inflation rate in Hong Kong amounted to about 1.73 percent. Between 1980 and 2024, the figure dropped by approximately 2.71 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the inflation will rise by around 0.77 percentage points, showing an overall upward trend with periodic ups and downs.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Inflation Rate in Norway increased to 3 percent in May from 2.50 percent in April of 2025. This dataset provides - Norway Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The annual average consumer price index in Brazil was approximately 45.81 trillion points in 2024. Following a continuous upward trend, the index has risen by around 45.81 trillion points since 1980. Between 2024 and 2030, the index will rise by around 10.98 trillion points, continuing its consistent upward trajectory.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.

Inflation Rate in Canada remained unchanged at 1.70 percent in May. This dataset provides - Canada Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interactive chart showing the annual rate of inflation in the United States as measured by the Consumer Price Index back to 1914.

Graph and download economic data for 25-Year Expected Inflation (EXPINF25YR) from Jan 1982 to Jun 2025 about projection, inflation, and USA.

In 2024, the average inflation rate in Mexico stood at approximately 4.72 percent. Between 1980 and 2024, the figure dropped by around 21.75 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 1.72 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Italy inflation rate for 2024 was 0.98%, a 4.64% decline from 2023.

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<li>Italy inflation rate for 2023 was <strong>5.62%</strong>, a <strong>2.58% decline</strong> from 2022.</li>
<li>Italy inflation rate for 2022 was <strong>8.20%</strong>, a <strong>6.33% increase</strong> from 2021.</li>
<li>Italy inflation rate for 2021 was <strong>1.87%</strong>, a <strong>2.01% increase</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.

In 2024, the average inflation rate in Brazil was approximately 4.37 percent. Between 1980 and 2024, the figure dropped by around 85.86 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 1.41 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Graph and download economic data for 10-Year Expected Inflation (EXPINF10YR) from Jan 1982 to May 2025 about projection, 10-year, inflation, and USA.

IP 02050 Consumer price index, annual average and average inflation rate (1940-2017)

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 European Union decreased to 2.20 percent in May from 2.40 percent in April of 2025. This dataset provides the latest reported value for - European Union Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the average inflation rate in Georgia was about 1.11 percent. Between 1997 and 2024, the figure dropped by approximately 6.05 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the inflation will rise by around 1.89 percentage points, showing an overall upward trend with periodic ups and downs.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Graph and download economic data for 5-Year Breakeven Inflation Rate (T5YIE) from 2003-01-02 to 2025-06-30 about spread, interest rate, interest, 5-year, inflation, rate, and USA.

The annual average consumer price index in Panama was estimated at about 110.39 points in 2024. Between 1980 and 2024, the index rose by approximately 60.97 points, though the increase followed an uneven trajectory rather than a consistent upward trend. The index will steadily rise by around 12.13 points over the period from 2024 to 2030, reflecting a clear upward trend.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.