Inflation is generally defined as the continued increase in the average prices of goods and services in a given region. Following the extremely high global inflation experienced in the 1980s and 1990s, global inflation has been relatively stable since the turn of the millennium, usually hovering between three and five percent per year. There was a sharp increase in 2008 due to the global financial crisis now known as the Great Recession, but inflation was fairly stable throughout the 2010s, before the current inflation crisis began in 2021. Recent years Despite the economic impact of the coronavirus pandemic, the global inflation rate fell to 3.26 percent in the pandemic's first year, before rising to 4.66 percent in 2021. This increase came as the impact of supply chain delays began to take more of an effect on consumer prices, before the Russia-Ukraine war exacerbated this further. A series of compounding issues such as rising energy and food prices, fiscal instability in the wake of the pandemic, and consumer insecurity have created a new global recession, and global inflation in 2024 is estimated to have reached 5.76 percent. This is the highest annual increase in inflation since 1996. Venezuela Venezuela is the country with the highest individual inflation rate in the world, forecast at around 200 percent in 2022. While this is figure is over 100 times larger than the global average in most years, it actually marks a decrease in Venezuela's inflation rate, which had peaked at over 65,000 percent in 2018. Between 2016 and 2021, Venezuela experienced hyperinflation due to the government's excessive spending and printing of money in an attempt to curve its already-high inflation rate, and the wave of migrants that left the country resulted in one of the largest refugee crises in recent years. In addition to its economic problems, political instability and foreign sanctions pose further long-term problems for Venezuela. While hyperinflation may be coming to an end, it remains to be seen how much of an impact this will have on the economy, how living standards will change, and how many refugees may return in the coming years.

In December 2024, the chained consumer price index (CPI) in the United States increased 2.9 percent since December 2023. This 12 month percent change is a strong indicator of the nation's current inflation. The annual inflation rate based on current dollar value can be accessed here.

The Consumer Price Index in Denmark decreased 0.10 percent in September of 2025 over the previous month. This dataset provides - Denmark Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Laos increased 0.94 percent in September of 2025 over the previous month. This dataset provides - Laos Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Inflation rates rose all around the world in 2022, so also in the G7 countries, where inflation rates varied from 2.5 percent in Japan to over 8 percent in Italy. Inflation rates increased sharply all around the world through 2022, spurred by Russia's invasion of Ukraine in February that year. Especially gas and electricity were hit by price increases following the outbreak of the Russia-Ukraine war. Inflation rates were falling in all G7 economies in 2024.

Inflation Rate in Argentina decreased to 31.80 percent in September from 33.60 percent in August of 2025. This dataset provides the latest reported value for - Argentina Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Historical dataset showing Micronesia inflation rate by year from 2000 to 2022.

Inflation Rate in European Union increased to 2.60 percent in September from 2.40 percent in August of 2025. This dataset provides the latest reported value for - European Union Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Historical dataset showing Nicaragua inflation rate by year from 2000 to 2024.

The Consumer Price Index in Aruba decreased 0 percent in August of 2025 over the previous month. This dataset provides - Aruba Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Japan increased to 2.90 percent in September from 2.70 percent in August of 2025. This dataset provides the latest reported value for - Japan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Rate in Russia decreased to 8 percent in September from 8.10 percent in August of 2025. This dataset provides - Russia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, Seoul experienced a consumer price inflation rate of approximately 2.4 percent. The highest inflation rate in the last 20 years was reported in 2022, at about *** percent. Steady price growth in the Korean economy Both the consumer price index (CPI) and the producer price index (PPI) in South Korea have shown steady growth over time, reflecting ongoing inflationary trends. The CPI, especially for living necessities, has consistently increased in recent years. Likewise, the PPI has followed a continuous upward trajectory, indicating rising production costs. These trends show that the South Korean economy is experiencing sustained inflation at both the consumer and producer levels. South Korea’s high grocery costs In South Korea, essential items such as food and clothing are significantly more expensive than other goods and services. For example, the prices for potatoes, pork, and apples can be ************ times higher than in other developed countries. This high pricing is often attributed to limited farmland, low agricultural productivity, and import restrictions, among others. The high food costs have particularly affected low-income and elderly households in the country the most.

Cost of food in the United States increased 3.10 percent in September of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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

Graph and download economic data for Consumer Price Inflation for Azerbaijan (AZEPCPIPCHPT) from 2000 to 2025 about Azerbaijan, consumer prices, REO, consumer, inflation, and rate.

Mid-month Inflation Rate MoM in Brazil decreased to 0.18 percent in October from 0.48 percent in September of 2025. This dataset includes a chart with historical data for Brazil Mid-month Inflation Rate MoM.

Graph and download economic data for Consumer Price Inflation for Iran, Islamic Republic of (IRNPCPIPCHPT) from 2000 to 2025 about Iran, consumer prices, REO, consumer, inflation, and rate.

This statistic shows the consumer price inflation rate in Taiwan from 2000 to 2024 with a forecast for 2025. In 2024, the consumer price index in Taiwan increased by around **** percent.