62 datasets found
  1. U.S. projected Consumer Price Index 2010-2029

    • statista.com
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    Statista, U.S. projected Consumer Price Index 2010-2029 [Dataset]. https://www.statista.com/statistics/244993/projected-consumer-price-index-in-the-united-states/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, the U.S. Consumer Price Index was 309.42, and is projected to increase to 352.27 by 2029. The base period was 1982-84. The monthly CPI for all urban consumers in the U.S. can be accessed here. After a time of high inflation, the U.S. inflation rateis projected fall to two percent by 2027. United States Consumer Price Index ForecastIt is projected that the CPI will continue to rise year over year, reaching 325.6 in 2027. The Consumer Price Index of all urban consumers in previous years was lower, and has risen every year since 1992, except in 2009, when the CPI went from 215.30 in 2008 to 214.54 in 2009. The monthly unadjusted Consumer Price Index was 296.17 for the month of August in 2022. The U.S. CPI measures changes in the price of consumer goods and services purchased by households and is thought to reflect inflation in the U.S. as well as the health of the economy. The U.S. Bureau of Labor Statistics calculates the CPI and defines it 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." The BLS records the price of thousands of goods and services month by month. They consider goods and services within eight main categories: food and beverage, housing, apparel, transportation, medical care, recreation, education, and other goods and services. They aggregate the data collected in order to compare how much it would cost a consumer to buy the same market basket of goods and services within one month or one year compared with the previous month or year. Given that the CPI is used to calculate U.S. inflation, the CPI influences the annual adjustments of many financial institutions in the United States, both private and public. Wages, social security payments, and pensions are all affected by the CPI.

  2. Consumer Price Index (CPI)

    • catalog.data.gov
    • datasets.ai
    Updated May 16, 2022
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    Bureau of Labor Statistics (2022). Consumer Price Index (CPI) [Dataset]. https://catalog.data.gov/dataset/consumer-price-index-cpi-ee18b
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    Dataset updated
    May 16, 2022
    Dataset provided by
    Bureau of Labor Statisticshttp://www.bls.gov/
    Description

    The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available. Prices for the goods and services used to calculate the CPI are collected in 75 urban areas throughout the country and from about 23,000 retail and service establishments. Data on rents are collected from about 43,000 landlords or tenants. More information and details about the data provided can be found at http://www.bls.gov/cpi

  3. d

    Year and State-wise Average Inflation (CPI) - General, Food and Beverages,...

    • dataful.in
    Updated Nov 20, 2025
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    Dataful (Factly) (2025). Year and State-wise Average Inflation (CPI) - General, Food and Beverages, Fuel and Light and Housing (Urban) [Dataset]. https://dataful.in/datasets/21426
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    xlsx, application/x-parquet, csvAvailable download formats
    Dataset updated
    Nov 20, 2025
    Dataset authored and provided by
    Dataful (Factly)
    License

    https://dataful.in/terms-and-conditionshttps://dataful.in/terms-and-conditions

    Area covered
    States of India
    Description

    The dataset contains year and state-wise average inflation (CPI) - general, food and beverages, fuel and light, and housing (urban)

    Note: General: 1. Data for Arunachal Pradesh is not available. 2. For calculating State-wise Consumer Price Index (CPI) inflation in 2020-21 the average CPI Index for ten months has been taken due to unavailability of CPI data for the months of April and May 2020. 3. Figures for Jammu & Kashmir from October 2019 pertain to combined Union Territories of Jammu & Kashmir and Ladakh (erstwhile State of Jammu & Kashmir)

    Food and Beverages: 1. Data for Arunachal Pradesh is not available. 2. For 2019-20, annual inflation for all states is calculated using data from April-2019 to February-2020, and for All-India, it is calculated using April-2019 to March-2020 data. 3. For calculating State-wise CPI inflation in 2020-21 the average CPI for eight months has been taken due to unavailability of CPI data for the period April-July 2020. 4. Figures for Jammu & Kashmir from October 2019 pertain to combined Union Territories of Jammu & Kashmir and Ladakh(erstwhile State of Jammu & Kashmir)

    Fuel and Light: 1. Data for Arunachal Pradesh is not available. 2. For 2019-20, annual inflation for all states is calculated using data from April-2019 to February-2020, and for All-India, it is calculated using April-2019 to March-2020 data. 3. For calculating State-wise CPI inflation in 2020-21 the average CPI for eight months has been taken due to unavailability of CPI data for the period April-July 2020. 4. Figures for Jammu & Kashmir from October 2019 pertain to combined Union Territories of Jammu & Kashmir and Ladakh (erstwhile State of Jammu & Kashmir)

    Housing (Urban): 1. Data for Arunachal Pradesh is not available. 2. For 2019-20, annual inflation for all states is calculated using data from April-2019 to February-2020, and for All-India, it is calculated using April-2019 to March-2020 data. 3. For calculating State-wise CPI inflation in 2020-21 the average CPI for eight months has been taken due to unavailability of CPI data for the period April-July 2020. 4. Figures for Jammu & Kashmir from October 2019 pertain to combined Union Territories of Jammu & Kashmir and Ladakh (erstwhile State of Jammu & Kashmir)

  4. U.S. consumer Price Index of all urban consumers 1992-2024

    • statista.com
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    Statista, U.S. consumer Price Index of all urban consumers 1992-2024 [Dataset]. https://www.statista.com/statistics/190974/unadjusted-consumer-price-index-of-all-urban-consumers-in-the-us-since-1992/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  5. Consumer price inflation tables

    • ons.gov.uk
    • cy.ons.gov.uk
    xlsx
    Updated Oct 22, 2025
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    Office for National Statistics (2025). Consumer price inflation tables [Dataset]. https://www.ons.gov.uk/economy/inflationandpriceindices/datasets/consumerpriceinflation
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    xlsxAvailable download formats
    Dataset updated
    Oct 22, 2025
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Description

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

  6. 3

    Group-wise Consumer Price Index (CPI) & Inflation Rate in India from FY'2014...

    • 360analytika.com
    csv
    Updated Jun 4, 2025
    + more versions
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    360 Analytika (2025). Group-wise Consumer Price Index (CPI) & Inflation Rate in India from FY'2014 to FY'2025 [Dataset]. https://360analytika.com/consumer-price-index-cpi-inflation-rate-in-india-by-commodity/
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    csvAvailable download formats
    Dataset updated
    Jun 4, 2025
    Dataset authored and provided by
    360 Analytika
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    India
    Description

    The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket and averaging them. Prices are collected periodically, and the CPI is often used to measure inflation, reflecting the cost of living. The CPI is typically set against a base year. The index is set to 100 in the base year, and changes in the CPI indicate price changes compared to that year. A typical household might purchase a wide range of products and services. Items in the basket are weighted according to their importance or share in total household spending. The Inflation Rate is the percentage increase in the general level of prices for goods and services over a period of time. It indicates how much prices have risen over a specific period, typically a year. Higher inflation decreases the purchasing power of money, meaning consumers can buy less with the same amount of money.It reflects the overall health of an economy. Moderate inflation is expected in a growing economy, but hyperinflation can indicate economic instability. The Inflation Rate is calculated using the following formula: Inflation Rate (%) = ((CPI in Current Year−CPI in Previous Year)/ (CPI in Previous Year))×100

  7. Consumer Price Data and Measures Explained

    • clevelandfed.org
    csv
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    Federal Reserve Bank of Cleveland, Consumer Price Data and Measures Explained [Dataset]. https://www.clevelandfed.org/center-for-inflation-research/consumer-price-data
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    csvAvailable download formats
    Dataset authored and provided by
    Federal Reserve Bank of Clevelandhttps://www.clevelandfed.org/
    Description

    Learn the differences between the consumer price index (CPI) and the personal consumption expenditures (PCE) price index. Find out what measures are used to gauge underlying inflation, or the long-term trend in prices, such as median and trimmed-mean inflation rates and core inflation.

  8. F

    Consumer Price Index for All Urban Consumers: All Items Less Food and Energy...

    • fred.stlouisfed.org
    json
    Updated Oct 24, 2025
    + more versions
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    (2025). Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/CPILFESL
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Oct 24, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average (CPILFESL) from Jan 1957 to Sep 2025 about core, headline figure, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

  9. RPI annual inflation rate UK 2019-2029

    • statista.com
    Updated Mar 6, 2025
    + more versions
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    Statista Research Department (2025). RPI annual inflation rate UK 2019-2029 [Dataset]. https://www.statista.com/topics/4120/inflation-and-price-indices-in-europe/
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    Dataset updated
    Mar 6, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Statista Research Department
    Area covered
    United Kingdom
    Description

    Inflation is an important measure of any country’s economy, and the Retail Price Index (RPI) is one of the most widely used indicators in the United Kingdom, with the rate expected to be 4.1 percent in 2025, compared with 3.6 percent in 2024. This followed 2022, when RPI inflation reached a rate of 11.6 percent, by far the highest annual rate during this provided time period. CPI vs RPI Although the Retail Price Index is a commonly utilized inflation indicator, the UK also uses a newer method of calculating inflation, the Consumer Price Index. The CPI, along with the CPIH (Consumer Price Index including owner occupiers' housing costs) are usually preferred by the UK government, but the RPI is still used in certain instances. Increases in rail fares for example, are calculated using the RPI, while increases in pension payments are calculated using CPI, when this is used as the uprating factor. The use of one inflation measure over the other can therefore have a significant impact on people’s lives in the UK. High inflation falls to more typical levels by 2024 Like the Retail Price Index, the Consumer Price Index inflation rate also reached a recent peak in October 2022. In that month, prices were rising by 11.1 percent and did not fall below double figures until April 2023. This fall was largely due to slower price increases in key sectors such as energy, which drove a significant amount of the 2022 wave of inflation. Inflation nevertheless remains elevated, fueled not only by high food inflation, but also by underlying core inflation. As of February 2025, the overall CPI inflation rate was 2.8 percent, although an uptick in inflation is expected later in the year, with a rate of 3.7 percent forecast for the third quarter of the year.

  10. Research series Consumer price index electricity and gas

    • cbs.nl
    xlsx
    Updated Jun 30, 2023
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    Centraal Bureau voor de Statistiek (2023). Research series Consumer price index electricity and gas [Dataset]. https://www.cbs.nl/en-gb/custom/2023/26/research-series-consumer-price-index-electricity-and-gas
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    xlsxAvailable download formats
    Dataset updated
    Jun 30, 2023
    Dataset provided by
    Statistics Netherlands
    Authors
    Centraal Bureau voor de Statistiek
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    The Netherlands
    Description

    The tables presented in this file are a supplement to the article “CBS switches to new method for calculating energy prices in the CPI”, published on 30 June 2023. The article presents the results of the research carried out by Statistics Netherlands (CBS) in order to develop new energy prices for the Consumer price index (CPI).

  11. U.S. Inflation Rate by Year 1929-2024

    • kaggle.com
    zip
    Updated Aug 9, 2024
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    Sierra (2024). U.S. Inflation Rate by Year 1929-2024 [Dataset]. https://www.kaggle.com/datasets/sierradixon/u-s-inflation-rate-by-year-1929-2024
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    zip(2180 bytes)Available download formats
    Dataset updated
    Aug 9, 2024
    Authors
    Sierra
    Area covered
    United States
    Description

    I was looking for data to add to a visualization about minimum wage in the U.S. over the years and found this inflation rate data useful.

    Investopedia summary: The inflation rate is the percentage change in the price of products and services from one year to the next. Two of the most common ways to measure inflation are the Consumer Price Index (CPI) calculated by the Bureau of Labor Statistics (BLS) and the personal consumption expenditures (PCE) price index from the Bureau of Economic Analysis (BEA). The CPI measures the change in prices paid by U.S. consumers over time, and it is the most popular way to gauge inflation.

  12. Inflation rate in China 2014-2030

    • statista.com
    • abripper.com
    Updated Oct 30, 2025
    + more versions
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    Statista (2025). Inflation rate in China 2014-2030 [Dataset]. https://www.statista.com/statistics/270338/inflation-rate-in-china/
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    Dataset updated
    Oct 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    In 2024, the average annual inflation rate in China ranged at around 0.2 percent compared to the previous year. For 2025, projections by the IMF expect nearly no inflation. The monthly inflation rate in China dropped to negative values in the first quarter of 2025. Calculation of inflation The inflation rate is calculated based on the Consumer Price Index (CPI) for China. The CPI is computed using a product basket that contains a predefined range of products and services on which the average consumer spends money throughout the year. Included are expenses for groceries, clothes, rent, power, telecommunications, recreational activities, and raw materials (e.g. gas, oil), as well as federal fees and taxes. The product basked is adjusted every five years to reflect changes in consumer preference and has been updated in 2020 for the last time. The inflation rate is then calculated using changes in the CPI. As the inflation of a country is seen as a key economic indicator, it is frequently used for international comparison. China's inflation in comparison Among the main industrialized and emerging economies worldwide, China displayed comparatively low inflation in 2023 and 2024. In previous years, China's inflation ranged marginally above the inflation rates of established industrialized powerhouses such as the United States or the European Union. However, this changed in 2021, as inflation rates in developed countries rose quickly, while prices in China only increased moderately. According to IMF estimates for 2024, Zimbabwe was expected to be the country with the highest inflation rate, with a consumer price increase of about 561 percent compared to 2023. In 2023, Turkmenistan had the lowest price increase worldwide with prices actually decreasing by about 1.7 percent.

  13. F

    Inflation, consumer prices for the United States

    • fred.stlouisfed.org
    json
    Updated Apr 16, 2025
    + more versions
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    (2025). Inflation, consumer prices for the United States [Dataset]. https://fred.stlouisfed.org/series/FPCPITOTLZGUSA
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    jsonAvailable download formats
    Dataset updated
    Apr 16, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    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.

  14. r

    Inflation Forecast Calculator — Euro Area, USA, Italy

    • rivaluta.it
    Updated Sep 3, 2025
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    Rivaluta.it (2025). Inflation Forecast Calculator — Euro Area, USA, Italy [Dataset]. https://www.rivaluta.it/inflation/estimate-inflation.asp
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    Dataset updated
    Sep 3, 2025
    Dataset provided by
    Rivaluta.it
    License

    https://www.dati.gov.it/iodl/2.0/https://www.dati.gov.it/iodl/2.0/

    Time period covered
    Oct 2025 - Nov 2025
    Area covered
    Italy, Euro Area, United States
    Description

    This page provides an educational tool to simulate and forecast consumer price indices for the Euro Area (HICP, Eurostat), the United States (CPI-U, BLS) and Italy (NIC with tobacco, ISTAT). Users can adjust monthly variations and visualize baseline, optimistic and pessimistic scenarios.

  15. Consumer Price Index by Year since 1913

    • kaggle.com
    zip
    Updated Nov 30, 2017
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    JeffTennis (2017). Consumer Price Index by Year since 1913 [Dataset]. https://www.kaggle.com/jtennis/consumer-price-index-by-year-since-1913
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    zip(641 bytes)Available download formats
    Dataset updated
    Nov 30, 2017
    Authors
    JeffTennis
    License

    https://creativecommons.org/publicdomain/zero/1.0/https://creativecommons.org/publicdomain/zero/1.0/

    Description

    Context

    Consumer Price Index by year since 1913.

    Acknowledgements

    Data available at https://www.minneapolisfed.org/community/teaching-aids/cpi-calculator-information/consumer-price-index-and-inflation-rates-1913

  16. F

    Chained Consumer Price Index for All Urban Consumers: All Items in U.S. City...

    • fred.stlouisfed.org
    json
    Updated Oct 24, 2025
    + more versions
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    (2025). Chained Consumer Price Index for All Urban Consumers: All Items in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/SUUR0000SA0
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Oct 24, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Chained Consumer Price Index for All Urban Consumers: All Items in U.S. City Average (SUUR0000SA0) from Dec 1999 to Sep 2025 about chained, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

  17. Consumer price inflation basket of goods and services

    • ons.gov.uk
    • cy.ons.gov.uk
    xlsx
    Updated Mar 18, 2025
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    Office for National Statistics (2025). Consumer price inflation basket of goods and services [Dataset]. https://www.ons.gov.uk/economy/inflationandpriceindices/datasets/consumerpriceinflationbasketofgoodsandservices
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    xlsxAvailable download formats
    Dataset updated
    Mar 18, 2025
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Description

    Representative items within the Consumer Prices Index including owner occupiers' housing costs, Consumer Prices Index and Retail Prices Index for the basket of goods and services.

  18. T

    Ethiopia Inflation Rate

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Oct 17, 2025
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    TRADING ECONOMICS (2025). Ethiopia Inflation Rate [Dataset]. https://tradingeconomics.com/ethiopia/inflation-cpi
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    xml, json, csv, excelAvailable download formats
    Dataset updated
    Oct 17, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jul 31, 2006 - Oct 31, 2025
    Area covered
    Ethiopia
    Description

    Inflation Rate in Ethiopia decreased to 11.70 percent in October from 13.20 percent in September of 2025. This dataset provides the latest reported value for - Ethiopia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  19. 3

    Worldwide Inflation rate from 1980 to 2029, by countries

    • 360analytika.com
    xlsx
    Updated Jun 6, 2025
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    360 Analytika (2025). Worldwide Inflation rate from 1980 to 2029, by countries [Dataset]. https://360analytika.com/worldwide-inflation-rate-by-countries/
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    xlsxAvailable download formats
    Dataset updated
    Jun 6, 2025
    Dataset authored and provided by
    360 Analytika
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    World
    Description

    The rate at which prices for goods and services are generally rising and, as a result, currency's purchasing power is declining is known as inflation. Central banks attempt to limit inflation—and avoid deflation—in order to keep the economy running smoothly. Each unit of currency may purchase fewer products and services as prices rise. This results in a reduction in the actual value of money, a process that impacts every level of the economy, from consumers to governments. The percentage change in the cost of a basket of goods and services over a certain time period, often a year, is measured by the inflation rate. It’s a key metric for assessing the health of an economy, showing how much more expensive everyday goods and services have become. The change in the average price level of a basket of goods and services over a year is represented by the inflation rate average consumer prices (annual per cent change). It’s calculated by taking the average of prices across all months of a given year compared to the previous year. This metric is determined by averaging monthly price data and comparing it to the average of the previous year. It provides a broader view of inflation trends across a longer time frame, smoothing out any short-term volatility. The Inflation rate, end of period consumer prices (annual per cent change) reflects the price level change from the end of one period (typically December) to the end of the next period (the following December). Instead of taking an average, this rate focuses on the price level at a specific point in time, providing a snapshot of inflation. It’s calculated by comparing the Consumer Price Index (CPI) of the final month of the year with the CPI of the last month of the previous year.

  20. U.S. projected annual inflation rate 2010-2029

    • statista.com
    Updated Nov 19, 2025
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    Statista (2025). U.S. projected annual inflation rate 2010-2029 [Dataset]. https://www.statista.com/statistics/244983/projected-inflation-rate-in-the-united-states/
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    Dataset updated
    Nov 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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 .

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Statista, U.S. projected Consumer Price Index 2010-2029 [Dataset]. https://www.statista.com/statistics/244993/projected-consumer-price-index-in-the-united-states/
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U.S. projected Consumer Price Index 2010-2029

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Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

In 2023, the U.S. Consumer Price Index was 309.42, and is projected to increase to 352.27 by 2029. The base period was 1982-84. The monthly CPI for all urban consumers in the U.S. can be accessed here. After a time of high inflation, the U.S. inflation rateis projected fall to two percent by 2027. United States Consumer Price Index ForecastIt is projected that the CPI will continue to rise year over year, reaching 325.6 in 2027. The Consumer Price Index of all urban consumers in previous years was lower, and has risen every year since 1992, except in 2009, when the CPI went from 215.30 in 2008 to 214.54 in 2009. The monthly unadjusted Consumer Price Index was 296.17 for the month of August in 2022. The U.S. CPI measures changes in the price of consumer goods and services purchased by households and is thought to reflect inflation in the U.S. as well as the health of the economy. The U.S. Bureau of Labor Statistics calculates the CPI and defines it 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." The BLS records the price of thousands of goods and services month by month. They consider goods and services within eight main categories: food and beverage, housing, apparel, transportation, medical care, recreation, education, and other goods and services. They aggregate the data collected in order to compare how much it would cost a consumer to buy the same market basket of goods and services within one month or one year compared with the previous month or year. Given that the CPI is used to calculate U.S. inflation, the CPI influences the annual adjustments of many financial institutions in the United States, both private and public. Wages, social security payments, and pensions are all affected by the CPI.

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