Core consumer prices in the United States increased 2.80 percent in April of 2025 over the same month in the previous year. This dataset provides - United States Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in the United States increased 0.20 percent in April of 2025 over the previous month. This dataset provides - United States Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2021, the inflation rate in Ghana amounted to about 9.98 percent compared to the previous year. Ghana’s inflation peaked at almost 17.5 percent in 2016 and is predicted to decrease to 8 percent by 2030. Steady is best for inflationAccording to economists, a steady inflation rate between two and three percent is desirable to achieve a stable economy in a country. Inflation is the increase in the price level of consumer goods and services over a certain time period. A high inflation rate is often caused by excessive money supply and can turn into hyperinflation, i.e. if inflation occurs too quickly and rapidly, it can devalue currency and cause a recession and even economic collapse. This scenario is currently taking place in Venezuela , for example. The opposite of inflation, the decrease in the price level of goods and services below zero percent, is called deflation. While hyperinflation devalues money, deflation usually increases its value. Both events can damage an economy severely. Is Ghana’s economy at risk?Ghana’s economy is considered quite stable and fast-growing, and is rich in oil, diamonds, and gold. After struggling in the years around 2015 due to increased government spending and plummeting oil prices, it is now on an upswing again. This is also reflected in the decreasing inflation rate, and other key indicators like unemployment and rapid GDP growth support this theory. However, Ghana’s government debt is still struggling with the consequences of the 2015 crisis and forecast to keep skyrocketing during the next few years.

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India Jewelry Market Size 2025-2029

The jewelry market size in India is forecast to increase by USD 25.6 billion at a CAGR of 5.9% between 2024 and 2029.

The jewelry market is experiencing significant growth, driven by the cultural significance of precious metals, gems, and stones, particularly In the context of bridal designs and custom-made pieces. The rise of online sales through e-commerce platforms has revolutionized the industry, making diamond jewelry and other fine pieces more accessible to consumers. Platinum, polished diamonds, and other high-end gems and jewellery continue to be popular choices for special occasions and everyday wear. 
The increasing popularity of e-commerce has led to the availability of costume jewelry and wedding services online. As gold prices remain high, consumers are seeking alternatives such as lab-grown diamonds and other precious metals. Overall, the jewelry market is expected to continue its growth trajectory, with consumers in North America and beyond showing a strong demand for both traditional and innovative designs.

What will be the Size of the market During the Forecast Period?

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The global jewelry market encompasses a wide range of merchandise, including gemstones, lab-grown diamonds, watches, accessories, and more. This market exhibits growth, driven by increasing consumer spending on luxury items and the continuous expansion of B2C enterprises. Exports play a significant role In the jewelry industry's dynamics, with many countries serving as key exporters. Virtual buyer-seller meets and export promotion initiatives facilitate international trade. Jewelry demand is influenced by various cultural and religious occasions, such as Baisakhi, Karva Chauth, Durga Puja, Gudi Pavda, Akshaya Tritiya, and Indian weddings.
Gold remains a popular choice for jewelry due to its cultural significance and value as a precious metal. The trend towards lab-grown diamonds is also exponential, offering a more sustainable and cost-effective alternative to natural diamonds. Retail sales of jewelry and related accessories, including luggage and bags, continue to rise, fueled by the growing affluence of consumers worldwide. The jewelry market is expected to maintain its upward trajectory, reflecting the enduring appeal of these items as expressions of personal style, status, and tradition.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Gold
  Diamond
  Others


Distribution Channel

  Specialist retailers
  Online


End-user

  Women
  Men


Product Type

  Necklaces and chains
  Earrings
  Others


Geography

  India

By Type Insights

The gold segment is estimated to witness significant growth during the forecast period.

The Indian jewelry market is dominated by gold, driven by increasing income levels and cultural traditions. Gold jewelry demand continues to grow, influenced by international gold prices, inflation, and financial regulations. Younger generations' preferences are shifting due to alternative materials and designs. Gold remains popular for special occasions and investment. The Indian jewelry industry includes merchants, manufacturers, and exhibitors at events like the Internal Jewellery Show and Virtual Buyer-Seller Meets. Exports of gold jewelry, loose diamonds, and gemstones contribute significantly to India's Gross Domestic Product (GDP) and merchandise exports.

The market includes fine jewelry, plain gold, gold-studded, diamond-studded, and silver jewellery. Gold coins and monetization schemes are also popular. Custom and import duties, hallmarking, and consumer spending on jewelry, accessories, watches, luggage, and bags are key factors. The industry employs numerous family jewellers, branded jewelry retailers, and manufacturers. Despite competition from imitation and luxury fashion jewellery, gold remains a trusted choice for the elite class, particularly women.

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Market Dynamics

Our India Jewelry Market researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in adoption of India Jewelry Market?

The cultural significance of jewelry is the key driver of the market.

The Indian jewelry market holds significant importance due to the cultural significance of gold, which is often seen as a symbol of prosperity and wealth. India is the world's second-largest consumer of gold, with high demand driven by

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.