19 datasets found
  1. U.S. annual inflation rate 1990-2023

    • statista.com
    • ai-chatbox.pro
    Updated Aug 21, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2024). U.S. annual inflation rate 1990-2023 [Dataset]. https://www.statista.com/statistics/191077/inflation-rate-in-the-usa-since-1990/
    Explore at:
    Dataset updated
    Aug 21, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  2. U.S. projected Consumer Price Index 2010-2029

    • statista.com
    Updated Aug 21, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2024). U.S. projected Consumer Price Index 2010-2029 [Dataset]. https://www.statista.com/statistics/244993/projected-consumer-price-index-in-the-united-states/
    Explore at:
    Dataset updated
    Aug 21, 2024
    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.

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

    • statista.com
    Updated Aug 21, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2024). U.S. projected annual inflation rate 2010-2029 [Dataset]. https://www.statista.com/statistics/244983/projected-inflation-rate-in-the-united-states/
    Explore at:
    Dataset updated
    Aug 21, 2024
    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 .

  4. Inflation rate in India 2030

    • statista.com
    • ai-chatbox.pro
    Updated May 21, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Inflation rate in India 2030 [Dataset]. https://www.statista.com/statistics/271322/inflation-rate-in-india/
    Explore at:
    Dataset updated
    May 21, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    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.

  5. Inflation rate in the UK 2015-2025

    • statista.com
    • ai-chatbox.pro
    Updated Jun 18, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Inflation rate in the UK 2015-2025 [Dataset]. https://www.statista.com/statistics/306648/inflation-rate-consumer-price-index-cpi-united-kingdom-uk/
    Explore at:
    Dataset updated
    Jun 18, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2015 - May 2025
    Area covered
    United Kingdom
    Description

    The UK inflation rate was 3.4 percent in May 2025, down from 3.5 percent in the previous month, and the fastest rate of inflation since February 2024. Between September 2022 and March 2023, the UK experienced seven months of double-digit inflation, which peaked at 11.1 percent in October 2022. Due to this long period of high inflation, UK consumer prices have increased by over 20 percent in the last three years. As of the most recent month, prices were rising fastest in the communications sector, at 6.1 percent, but were falling in both the furniture and transport sectors, at -0.3 percent and -0.6 percent respectively.
    The Cost of Living Crisis High inflation is one of the main factors behind the ongoing Cost of Living Crisis in the UK, which, despite subsiding somewhat in 2024, is still impacting households going into 2025. In December 2024, for example, 56 percent of UK households reported their cost of living was increasing compared with the previous month, up from 45 percent in July, but far lower than at the height of the crisis in 2022. After global energy prices spiraled that year, the UK's energy price cap increased substantially. The cap, which limits what suppliers can charge consumers, reached 3,549 British pounds per year in October 2022, compared with 1,277 pounds a year earlier. Along with soaring food costs, high-energy bills have hit UK households hard, especially lower income ones that spend more of their earnings on housing costs. As a result of these factors, UK households experienced their biggest fall in living standards in decades in 2022/23. Global inflation crisis causes rapid surge in prices The UK's high inflation, and cost of living crisis in 2022 had its origins in the COVID-19 pandemic. Following the initial waves of the virus, global supply chains struggled to meet the renewed demand for goods and services. Food and energy prices, which were already high, increased further in 2022. Russia's invasion of Ukraine in February 2022 brought an end to the era of cheap gas flowing to European markets from Russia. The war also disrupted global food markets, as both Russia and Ukraine are major exporters of cereal crops. As a result of these factors, inflation surged across Europe and in other parts of the world, but typically declined in 2023, and approached more usual levels by 2024.

  6. T

    India Inflation Rate

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 12, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS (2025). India Inflation Rate [Dataset]. https://tradingeconomics.com/india/inflation-cpi
    Explore at:
    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Jun 12, 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
    Jan 31, 2012 - May 31, 2025
    Area covered
    India
    Description

    Inflation Rate in India decreased to 2.82 percent in May from 3.16 percent in April of 2025. This dataset provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  7. Consumer Price Index, annual average, not seasonally adjusted

    • www150.statcan.gc.ca
    • datasets.ai
    • +3more
    Updated Jan 21, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Government of Canada, Statistics Canada (2025). Consumer Price Index, annual average, not seasonally adjusted [Dataset]. http://doi.org/10.25318/1810000501-eng
    Explore at:
    Dataset updated
    Jan 21, 2025
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    Annual indexes for major components and special aggregates of the Consumer Price Index (CPI), for Canada, provinces, Whitehorse, Yellowknife and Iqaluit. Data are presented for the last five years. The base year for the index is 2002=100.

  8. n

    Cambodia Socio-Economic Survey 2017 - Cambodia

    • nada.nis.gov.kh
    • microdata.nis.gov.kh
    Updated Sep 25, 2023
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    National Institute of Statistics (2023). Cambodia Socio-Economic Survey 2017 - Cambodia [Dataset]. https://nada.nis.gov.kh/index.php/catalog/43
    Explore at:
    Dataset updated
    Sep 25, 2023
    Dataset authored and provided by
    National Institute of Statistics
    Time period covered
    2013
    Area covered
    Cambodia
    Description

    Abstract

    The Cambodia Socio-Economic Survey (CSES) asks questions to a country wide sample of households and household members about housing conditions, education, economic activities, household production and income, household level and structure of consumption, health, victimization, etc. There are also questions related to people in the labour force, e.g. labour force participation.

    Poverty reduction is a major commitment by the Royal Government of Cambodia. Accurate statistical information about the living standards of the population and the extent of poverty is an essential instrument to assist the Government in diagnosing the problems, in designing effective policies for reducing poverty and in monitoring and evaluating the progress of poverty reduction. The Millennium Development Goals (MDG) has been adopted by the Royal Government of Cambodia and a National Strategic Development Plan (NSDP) has been developed. The MDGs are also incorporated into the “Rectangular Strategy of Cambodia”.

    Cambodia is still a predominantly rural and agricultural society. The vast majority of the population get their subsistence in households as self-employed in agriculture. The level of living is determined by the household's command over labour and resources for own-production in terms of land and livestock for agricultural activities, equipments and tools for fishing, forestry and construction activities and income-earning activities in the informal and formal sector. The CSES aims to estimate household income and consumption/expenditure as well as a number of other household and individual characteristics.

    The main objective of the survey is to collect statistical information about living conditions of the Cambodian population and the extent of poverty. The survey can be used for identifying problems and making decisions based on statistical data.

    The main user is the Royal Government of Cambodia (RGC) as the survey supports monitoring the National Strategic Development Plan (NSDP) by different socio-economic indicators. Other users are university researchers, analysts, international organizations e.g. the World Bank and NGO’s. The World Bank has published a report on poverty profile and social indicators using CSES 2007 data . In this regard, the CSES continues to serve all stakeholders involved as essential instruments in order to assist in diagnosing the problems and designing their most effective policies. The CSES micro data at NIS is available for research and analysis by external researchers after approval by Senior Minister of Planning. The interesting research questions that could be put to the data are many; NIS welcomes new research based on CSES data.

    General Objectives:

    CSES 2013 will continue the work started through CSES 2004 and the annual CSES 2007 to 2014 and would primarily aim at producing information needed for planning and policy making for reduction of poverty in Cambodia. Reduction of poverty has been given high priority in Cambodia's National Strategic Development Plan (NSDP 2009-2013). In addition to this, the survey data help in various other ways in developmental planning and policy making in the country. They would also prove useful for the production of National Accounts in Cambodia.

    A long-term objective of the entire project is to build national capability in NIS for conducting socio-economic surveys and for utilizing survey data for planning for national development and social welfare.

    Specific Objectives:

    Among specific objectives, the following deserve special mention: 1) Obtain data on infrastructural facilities in villages, especially facilities for schooling and health care and associated problems. 2) Obtain data on retail prices of selected food, non-food and medicine items prevailing in the villages. 3) Collect data on utilization of education, housing and land ownership 4) Collect data on household assets and outstanding loans. 5) Collect data on household's construction activities. 6) Collect information on maternal health, child health/care. 7) Collect information on health care seeking and expenditure of the household members related to illness, injury and disability. 8) Collect information on economic activities including the economic activities for children aged between 5 and 17 years. 9) Collect information on victimization by the household 10) Collect information on the presence of the household members.

    Geographic coverage

    National Phnom Penh / Other Urban / Other Rural

    Analysis unit

    Households Individuals

    Universe

    All resident households in Cambodia

    Kind of data

    Sample survey data [ssd]

    Sampling procedure

    The sampling design in the CSES 2013 survey is a three-stage design. In stage one a sample of villages is selected, in stage two an Enumeration Area (EA) is selected from each village selected in stage one, and in stage three a sample of households is selected from each EA selected in stage two.

    Stage 1: A random sample of PSUs was selected from each stratum. The sampling method was systematic PPS (PPS=sampling with probability proportional to size). The size measure used was the number of households in the PSU according to the sampling frame.

    Stage 2. One EA was selected by Simple Random Sampling (SRS), in each village selected in stage 1.

    Stage 3. In each selected EA a sample of 10 households was selected. The selection of households was done in the field by the supervisors/interviewers. All households in selected EAs were listed by the enumerator. The sample of households was then selected from the list by systematic sampling with a random start (the start value controlled by NIS).

    For the details of sample selection please refer to the document "Process Description: Design and Select the Sample for CSES 2013"

    Mode of data collection

    Face-to-face [f2f]

    Research instrument

    Three different questionnaires or forms were used in the survey:

    Form 1: Household listing sheets to be used in the sampling procedure in the enumeration areas.

    Form 2: Village questionnaire answered by the village leader about economy and infrastructure, crop production, health, education, retail prices and sales prices of agriculture, employment and wages, and recruitment of children for work outside the village.

    Form 3: Household questionnaire with questions for each household member, including modules on migration, education and literacy, housing conditions, crop production, household liabilities, durable goods, construction activities, nutrition, fertility and child care, child feeding and vaccination, health of children, mortality, current economic activity, health and illness, smoking, HIV/AIDS awareness, and victimization.

    The interviewer is responsible for filling up Form 1 and Form 3 to respondents. . For Form 2, the supervisors will be asked to canvass this form. In case that the supervisors are absent for any reason, the interviewers may be also asked to help fill up this form (Form 2).

    Cleaning operations

    The NIS team commenced their work of checking and coding and coding in begining of February after the first month of fieldwork was completed. Supervisors from the field delivered questionaires to NIS. Sida project expert and NIS Survey Manager helped in solving relevant matters that become apparent when reviewing questionires on delivery.

    Response rate

    The CSES 2013 enjoyed almost a 100 percent response rate. The high response rate together with close and systematic fieldwork supervision by the core group members were a major contribution for achieving high quality survey results.

    Sampling error estimates

    In order to provide a basis for assessing the reliability or precision of CSES estimates, the estimation of the magnitude of sampling error in the survey data were computed. Since most of the estimates from the survey are in the form of weighted ratios, thus variances for ratio estimates are computed.

    The Coefficients of Variation (CV) on national level estimates are generally below 4 percent. The exception is the CV for total value of assets where there are rather high CVs especially in the urban areas, which should be expected.

    The CVs are somewhat higher in the urban and rural domains but still generally below 7 percent. For the five zones, the average CVs are in the range 5 to 13 percent with a few exceptions where the CVs are above 20 percent. For provinces the CVs for food consumption are 9 percent on average.

    The sample take within Primary Sampling Units (PSU) was set to 10 households per PSU in the CSES 1999. When data on variances became available, it was possible to make crude calculations of the optimal sample take within PSU. Calculations on some of the central estimates in the CSES 1999 show that the design effects in most cases are in the range 1 to 5.

    Intra-cluster correlation coefficients have been calculated based on the design effects. These correlation coefficients are somewhat high. The reason is that the characteristics that are measured tend to be concentrated (clustered) within the PSUs. The optimal sample size within PSUs under different assumptions on cost ratios and intra-cluster correlation coefficients was then calculated. The cost ratio is the average cost for adding a village to the sample divided by the average cost of including an extra household in the sample. In the CSES, it was chosen to adopt a fairly low cost ratio due to the fact that the interview time per household is long. Under this assumption the optimal sample size is probably around 10 households per village for many of the CSES indicators.

  9. Consumer Price Index by geography, all-items, monthly, percentage change,...

    • www150.statcan.gc.ca
    Updated Jun 24, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Government of Canada, Statistics Canada (2025). Consumer Price Index by geography, all-items, monthly, percentage change, not seasonally adjusted, Canada, provinces, Whitehorse, Yellowknife and Iqaluit [Dataset]. http://doi.org/10.25318/1810000401-eng
    Explore at:
    Dataset updated
    Jun 24, 2025
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    Monthly indexes and percentage changes for all components and special aggregates of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse, Yellowknife and Iqaluit. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.

  10. T

    Pakistan Inflation Rate

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 1, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    TRADING ECONOMICS (2025). Pakistan Inflation Rate [Dataset]. https://tradingeconomics.com/pakistan/inflation-cpi
    Explore at:
    xml, excel, csv, jsonAvailable download formats
    Dataset updated
    Jul 1, 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
    Jan 31, 1957 - Jun 30, 2025
    Area covered
    Pakistan
    Description

    Inflation Rate in Pakistan decreased to 3.20 percent in June from 3.50 percent in May 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.

  11. CPIH inflation rate in the UK 2015-2025

    • statista.com
    Updated Jun 18, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). CPIH inflation rate in the UK 2015-2025 [Dataset]. https://www.statista.com/statistics/310582/uk-cpih-rate/
    Explore at:
    Dataset updated
    Jun 18, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2015 - May 2025
    Area covered
    United Kingdom
    Description

    In May 2025, the Consumer Price Index including owner occupiers' housing costs (CPIH) inflation rate of the United Kingdom was **** percent, down from *** percent in the previous month. The inflation rate fell noticeably after the COVID-19 pandemic, but rose sharply between Spring 2021 and Autumn 2022. After peaking at *** percent in October 2022, CPIH inflation declined throughout 2023 and into 2024, falling to *** percent by September of that year, before increasing again recently. Cost of living problems persist into 2025 Although it is likely that the worst of the recent inflation surge may have passed, the issues caused by it look set to linger into 2025 and beyond. While the share of households experiencing living cost rises has fallen from ** percent in August 2022, to ** percent in July 2024, this share rose towards the end of the year, with more than half of households reporting rising costs in December. Even with lower inflation, overall consumer prices have already increased by around ** percent in the last three years, rising to almost ** percent for food prices, which lower income households typically spend more of their income on. The significant increase in people relying on food banks across the UK, is evidence of the magnitude of this problem, with approximately **** million people using food banks in 2023/**. Other measure of inflation While the CPIH inflation rate displayed here is the preferred index of the UK's Office of National Statistics, the Consumer Price Index (CPI) is often more prominently featured in the media in general. An older index, the Retail Price Index (RPI) is also still used by the government to calculate certain taxes, and rail fare rises. Other metrics include the core inflation rate, which measures prices increases without the volatility of food and energy costs, while price increases in goods and services can also be tracked separately. The inflation rate of individual sectors can also be measured, and as of December 2024, prices were rising fastest in the communications sector, at *** percent, with costs falling in the transport and furniture sectors.

  12. Inflation rate in Venezuela 2026

    • statista.com
    • ai-chatbox.pro
    Updated May 15, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Inflation rate in Venezuela 2026 [Dataset]. https://www.statista.com/statistics/371895/inflation-rate-in-venezuela/
    Explore at:
    Dataset updated
    May 15, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Venezuela
    Description

    Due to the recent hyperinflation crisis in Venezuela, the average inflation rate in Venezuela is estimated to be around 225 percent in 2026. However, this is well below the peak of 63,000 percent observed in 2018.What is hyperinflation?In short, hyperinflation is a very high inflation rate that accelerates quickly. It can be caused by a government printing huge amounts of new money to pay for its expenses. The subsequent rapid increase of prices causes the country’s currency to lose value and shortages in goods to occur. People then typically start hoarding goods, which become even more scarce and expensive, money becomes worthless, financial institutions go bankrupt, and eventually, the country’s economy collapses. The Venezuelan descent into hyperinflationIn Venezuela, the economic catastrophe began with government price controls and plummeting oil prices, which caused state-run oil companies to go bankrupt. The government then starting printing new money to cope, thus prices rose rapidly, unemployment increased, and GDP collapsed, all of which was exacerbated by international sanctions. Today, many Venezuelans are emigrating to find work and supplies elsewhere, and population growth is at a decade-low. Current president Nicolás Maduro does not seem inclined to steer away from his course of price controls and economic mismanagement, so the standard of living in the country is not expected to improve significantly anytime soon.

  13. Minimum wage in the UK 1999-2025, by wage category

    • statista.com
    • ai-chatbox.pro
    Updated Jan 31, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Minimum wage in the UK 1999-2025, by wage category [Dataset]. https://www.statista.com/statistics/280483/national-minimum-wage-in-the-uk/
    Explore at:
    Dataset updated
    Jan 31, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    1999 - 2025
    Area covered
    United Kingdom
    Description

    In April 2025, the UK minimum wage for adults over the age of 21 in will be 12.21 pounds per hour. For the 2025/26 financial year, there will be four minimum wage categories, three of which are based on age and one for apprentice workers. Apprentices, and workers under the age of 18 will have a minimum wage of 7.55 pounds an hour, increasing to ten pounds for those aged 18 to 20. When the minimum wage was first introduced in 1999, there were just two age categories; 18 to 21, and 22 and over. This increased to three categories in 2004, four in 2010, and five between 2016 and 2023, before being reduced down to four in the most recent year. The living wage The living wage is an alternative minimum wage amount that employers in the UK can voluntarily pay their employees. It is calculated independently of the legal minimum wage and results in a higher value figure. In 2023/24, for example, the living wage was twelve pounds an hour for the UK as a whole and 13.15 for workers in London, where the cost of living is typically higher. This living wage is different from what the UK government has named the national living wage, which was 10.42 in the same financial year. Between 2011/12 and 2023/24, the living wage has increased by 4.80 pounds, while the London living wage has grown by 4.85 pounds. Wage growth cancelled-out by high inflation 2021-2023 For a long period between the middle of 2021 and late 2023, average wage growth in the UK was unable to keep up with record inflation levels, resulting in the biggest fall in disposable income since 1956. Although the UK government attempted to mitigate the impact of falling living standards through a series of cost of living payments, the situation has still been very difficult for households. After peaking at 11.1 percent in October 2022, the UK's inflation rate remained in double figures until March 2023, and did not fall to the preferred rate of two percent until May 2024. As of November 2024, regular weekly pay in the UK was growing by 5.6 percent in nominal terms, and 2.5 percent when adjusted for inflation.

  14. Rate of inflation for food in the United Kingdom (UK) 2015-2025

    • statista.com
    Updated May 19, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Rate of inflation for food in the United Kingdom (UK) 2015-2025 [Dataset]. https://www.statista.com/statistics/537050/uk-inflation-rate-food-in-united-kingdom/
    Explore at:
    Dataset updated
    May 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Mar 2015 - Mar 2025
    Area covered
    United Kingdom
    Description

    In March 2025, the inflation rate for food prices in the United Kingdom was measured at three percent. A period of continuous deflation between March 2015 and January 2017 preceded a return to a sustained rise in the cost of food from February 2017 onwards. While food prices were deflating between September 2020 and July 2021, they started increasing rapidly from August 2021 to March 2023. The inflation rate started to decline from April 2023. Inflation rate and consumer price indexInflation is commonly measured via the consumer price index, which illustrates changes to prices paid by consumers for a representative basket of goods and services. An annualized percentage change in the price index constitutes a measure of inflation. In order to maintain an inflation rate at a stable level, to enable the general public and businesses to plan their spending, the Government set a two percent inflation target for the Bank of England. The discounter boom The increase in food prices in the United Kingdom has shifted shopping behaviours amongst consumers. Value is now key and shoppers are changing their retailer loyalties. Aldi, the German discount supermarket retailer, overtook Morrisons as Great Britain's fourth largest supermarket in September of 2022. Aldi's market share reached double digits for the first time in April 2023. It is yet to be seen if Lidl, Aldi's discounter competitor, can also continue to rise up in the ranks and eventually take over Morrisons as the fifth leading food retailer.

  15. RPI inflation rate in the UK 2015-2025

    • statista.com
    Updated Jun 18, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). RPI inflation rate in the UK 2015-2025 [Dataset]. https://www.statista.com/statistics/285203/percentage-change-of-the-retail-price-index-rpi-in-the-uk/
    Explore at:
    Dataset updated
    Jun 18, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2015 - May 2025
    Area covered
    United Kingdom
    Description

    The inflation rate for the Retail Price Index (RPI) in the United Kingdom was 4.3 percent in May 2025, down from 4.5 percent in the previous month. From 2021 onwards, prices in the UK rose rapidly, with the RPI inflation rate peaking at 14.2 percent in October 2022. Although inflation fell in subsequent months, it wasn't until July 2023 that inflation fell below double digits, and as of late 2024, the RPI rate was still above three percent. The CPI and CPIH While the retail price index is still a popular method of calculating inflation, the consumer price index (CPI) is the current main measurement of inflation in the UK. There is also an additional price index, which includes some extra housing costs, known as the Consumer Price Index including homer occupiers' costs (CPIH) index, which is seen by the UK's Office of National Statistics as the official inflation rate. As of December 2024, the CPI inflation rate stood at 2.5 percent, while the CPIH rate was 3.5 percent. Core inflation down in 2024 Another way of measuring inflation is to strip out the volatility of energy and food prices and look at the underlying core inflation rate. As of December 2024, this was 3.2 percent, slightly higher than the overall CPI rate, but more aligned with the overall figure than it was in 2022 and 2023. When inflation peaked at 11.2 percent in October 2022, for example, core inflation stood at just 6.5 percent. After energy prices in 2023 fell relative to 2022, the overall inflation rate in the UK declined quite rapidly, with core inflation overtaking the overall rate in July 2023. During the most recent period of high inflation, core inflation peaked at 7.1 percent in May 2023, and while taking longer to fall than the overall figure, has generally been declining since then.

  16. Inflation rate in Indonesia 2030

    • statista.com
    • ai-chatbox.pro
    Updated May 21, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Inflation rate in Indonesia 2030 [Dataset]. https://www.statista.com/statistics/320156/inflation-rate-in-indonesia/
    Explore at:
    Dataset updated
    May 21, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Indonesia
    Description

    This statistic shows the average inflation rate in Indonesia from 1987 to 2024, with projections up until 2030. In 2024, the average inflation rate in Indonesia amounted to about 2.3 percent compared to the previous year. The global financial crisis and economic consequences The global economy underwent a drastic slump due to the global financial crisis in 2008, which caused a continued increase in the general level of prices of goods and services; the highest recorded global inflation of the past decade took place in 2008, when the global inflation rate increased by more than 6.4 percent in comparison with the previous year. As for Indonesia, the country's inflation rate amounted to around 9.8 percent in comparison to the previous year. The financial crisis also impacted the global unemployment rate. In 2009, the global unemployment rate jumped to around 6.2 percent, and it is not expected to recover to pre-crisis levels anytime soon. The financial crisis impact on the Indonesian economy was slightly more severe: In 2008, the unemployment rate in Indonesia was around 8.4 percent, much higher than the global unemployment rate for the same year. It has, however, now decreased significantly, even though it is still not below the global level, the country itself has reached lower levels than before the crisis. After the financial crisis, the Indonesian government implemented several economic reforms and increased exports in order to strengthen the economy. In 2011, Indonesia exported goods with a value of more than 200 billion U.S. dollars. The main export partners of Indonesia are Japan, China and Singapore. As a result of increased exports, the Indonesian economy was able to grow, making Indonesia one of the twenty nations in the world with the largest gross domestic product in 2015.

  17. Average weekly earning growth in the UK compared with inflation 2001-2025

    • statista.com
    • ai-chatbox.pro
    Updated Jun 10, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Average weekly earning growth in the UK compared with inflation 2001-2025 [Dataset]. https://www.statista.com/statistics/1272447/uk-wage-growth-vs-inflation/
    Explore at:
    Dataset updated
    Jun 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Mar 2001 - Apr 2025
    Area covered
    United Kingdom
    Description

    In the three months to April 2025, average weekly earnings in the United Kingdom grew by 5.2 percent, while pay including bonuses grew by 5.3 percent, when compared with the same period leading to April 2024. In the same month, the inflation rate for the Consumer Price Index was 3.5 percent, indicating that wages were rising faster than prices that month. Average salaries in the UK In 2024, the average salary for full-time workers in the UK was 37,430 British pounds a year, up from 34,963 in the previous year. In London, the average annual salary was far higher than the rest of the country, at 47,455 pounds per year, compared with just 32,960 in North East England. There also still exists a noticeable gender pay gap in the UK, which was seven percent for full-time workers in 2024, down from 7.5 percent in 2023. Lastly, the monthly earnings of the top one percent in the UK was 15,887 pounds as of November 2024, far higher than even that of the average for the top five percent, who earned 7,641 pounds per month, while pay for the lowest 10 percent of earners was just 805 pounds per month. Waves of industrial action in the UK One of the main consequences of high inflation and low wage growth throughout 2022 and 2023 was an increase in industrial action in the UK. In December 2022, for example, there were approximately 830,000 working days lost due to labor disputes. Throughout this month, workers across various industry sectors were involved in industrial disputes, such as nurses, train drivers, and driving instructors. Many of the workers who took part in strikes were part of the UK's public sector, which saw far weaker wage growth than that of the private sector throughout 2022. Widespread industrial action continued into 2023, with approximately 303,000 workers involved in industrial disputes in March 2023. There was far less industrial action by 2024, however, due to settlements in many of the disputes, although some are ongoing as of 2025.

  18. Most worrying topics worldwide 2025

    • statista.com
    • ai-chatbox.pro
    Updated Jun 16, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Most worrying topics worldwide 2025 [Dataset]. https://www.statista.com/statistics/946266/most-worrying-topics-worldwide/
    Explore at:
    Dataset updated
    Jun 16, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Dec 25, 2024 - May 9, 2025
    Area covered
    Worldwide
    Description

    Inflation was the most worrying topic worldwide as of May 2025, with ********* of the respondents choosing that option. Crime and violence, as well as poverty and social inequality, followed behind. Moreover, following Russia's invasion of Ukraine and the war in Gaza, *** percent of the respondents were worried about military conflict between nations. Only *** percent were worried about the COVID-19 pandemic, which dominated the world after its outbreak in 2020. Global inflation and rising prices Inflation rates have spiked substantially since the beginning of the COVID-19 pandemic in 2020. From 2020 to 2021, the worldwide inflation rate increased from 3.5 percent to 4.7 percent, and from 2021 to 2022, the rate increased sharply from 4.7 percent to 8.7 percent. While rates are predicted to fall come 2025, many are continuing to struggle with price increases on basic necessities. Poverty and global development Poverty and social inequality were the third most worrying issues to respondents. While poverty and inequality are still prominent, global poverty rates have been on a steady decline over the years. In 1994, 64 percent of people in low-income countries and around one percent of people in high-income countries lived on less than 2.15 U.S. dollars per day. By 2018, this had fallen to almost 44 percent of people in low-income countries and 0.6 percent in high-income countries. Moreover, fewer people globally are dying of preventable diseases, and people are living longer lives. Despite these aspects, issues such as wealth inequality have global prominence.

  19. Price index of houses in Malaysia 2014-2023

    • statista.com
    Updated Jul 4, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Price index of houses in Malaysia 2014-2023 [Dataset]. https://www.statista.com/statistics/1440092/malaysia-house-price-index/
    Explore at:
    Dataset updated
    Jul 4, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Malaysia
    Description

    The house price index in Malaysia reached ***** in 2023, an increase of more than twofold compared to the base index of 100 in 2010. The price index, which measures the average change in prices over a period of time, indicated that the value of housing in the country continued to increase every year since 2014. Recovery in the housing market Malaysia’s real estate industry was significantly hit by the COVID-19 pandemic but showed signs of recovery in 2022 when the restrictions were finally lifted. Subsequently, the housing market also signaled a positive recovery, with the transaction value of the residential sector growing by approximately ** percent in the same year. Going into 2024, despite uncertainties in the global economy, the housing market in Malaysia is likely to experience more growth. Demand for more affordable housing Although the real estate market is recovering and the inflation rate in the country has slowed down, the average price of houses reached nearly ******* Malaysian ringgit in 2022, an increase of around ****** Malaysian ringgit compared to the previous year. According to a survey conducted in the capital city, Kuala Lumpur, the majority of potential home buyers had a housing budget of less than ******* Malaysian ringgit. As of 2024, the Malaysian government already has several low-cost housing schemes catered for the B40 lower-income and M40 middle-income groups. Nevertheless, with the rising residential prices and current cost of living, there will be more demand for affordable housing options among home buyers.

  20. Not seeing a result you expected?
    Learn how you can add new datasets to our index.

Share
FacebookFacebook
TwitterTwitter
Email
Click to copy link
Link copied
Close
Cite
Statista (2024). U.S. annual inflation rate 1990-2023 [Dataset]. https://www.statista.com/statistics/191077/inflation-rate-in-the-usa-since-1990/
Organization logo

U.S. annual inflation rate 1990-2023

Explore at:
21 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Aug 21, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

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.

Search
Clear search
Close search
Google apps
Main menu