Inflation Rate in Taiwan decreased to 1.37 percent in June from 1.55 percent in May of 2025. This dataset provides the latest reported value for - Taiwan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus 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 Rate in Greece increased to 2.80 percent in June from 2.50 percent in May of 2025. This dataset provides the latest reported value for - Greece Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The average for 2023 based on 160 countries was 9.9 percent. The highest value was in Lebanon: 221.3 percent and the lowest value was in the Seychelles: -1 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Trinidad and Tobago: Inflation: percent change in the Consumer Price Index: The latest value from 2023 is 4.6 percent, a decline from 5.8 percent in 2022. In comparison, the world average is 9.9 percent, based on data from 160 countries. Historically, the average for Trinidad and Tobago from 1960 to 2023 is 7 percent. The minimum value, 0.6 percent, was reached in 2020 while the maximum of 22 percent was recorded in 1974.

Inflation Rate in Nigeria decreased to 22.97 percent in May from 23.71 percent in April of 2025. This dataset provides - Nigeria Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation, monthly percent change in the CPI in Taiwan, June, 2025 The most recent value is 0.14 percent as of June 2025, an increase compared to the previous value of -0.27 percent. Historically, the average for Taiwan from February 1960 to June 2025 is 0.3 percent. The minimum of -4.44 percent was recorded in December 1969, while the maximum of 15.18 percent was reached in February 1974. | TheGlobalEconomy.com

When adjusted for inflation, the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970. Although the real dollar minimum wage in 1970 was only 1.60 U.S. dollars, when expressed in nominal 2024 dollars this increases to 13.05 U.S. dollars. This is a significant difference from the federal minimum wage in 2024 of 7.25 U.S. dollars.

Inflation, monthly percent change in the CPI in the USA, May, 2025 The most recent value is 0.21 percent as of May 2025, a decline compared to the previous value of 0.31 percent. Historically, the average for the USA from February 1960 to May 2025 is 0.31 percent. The minimum of -1.77 percent was recorded in November 2008, while the maximum of 1.81 percent was reached in August 1973. | TheGlobalEconomy.com

In 2023, the usual median hourly rate of a worker's wage in the United States was 19.24 U.S. dollars, a decrease from the previous year. Dollar value is based on 2023 U.S. dollars. In 1979, the median hourly earnings in the U.S. was 17.48 dollars.

Egypt: Inflation: percent change in the Consumer Price Index: The latest value from 2023 is 33.9 percent, an increase from 13.9 percent in 2022. In comparison, the world average is 9.9 percent, based on data from 160 countries. Historically, the average for Egypt from 1960 to 2023 is 10.1 percent. The minimum value, -3 percent, was reached in 1962 while the maximum of 33.9 percent was recorded in 2023.

Personal savings in the United States reached a value of 975 billion U.S. dollars in 2024, marking a slight increase compared to 2023. Personal savings peaked in 2020 at nearly 2.7 trillion U.S. dollars. Those figures remained very high until 2021. The excess savings during the COVID-19 pandemic in the U.S. and other countries were the main reason for that increase, as the measures implemented to contain the spread of the virus had an impact on consumer spending. Saving before and after the 2008 financial crisis During the periods of growth and certain economic stability in the pre-2008 crisis period, there were falling savings rates. People were confident the good times would stay and felt comfortable borrowing money. Credit was easily accessible and widely available, which encouraged people to spend money. However, in times of austerity, people generally tend to their private savings due to a higher economic uncertainty. That was also the case in the wake of the 2008 financial crisis. Savings and inflation The economic climate of high inflation and rising Federal Reserve interest rates in the U.S. made it increasingly difficult to save money in 2022. Not only does inflation affect the ability of people to save, but reversely, consumer behavior also affects inflation. On the one hand, prices can increase when the production costs are higher. That can be the case, for example, when the price of West Texas Intermediate crude oil or other raw materials increases. On the other hand, when people have a lot of savings and the economy is strong, high levels of consumer demand can also increase the final price of products.

The average for 2023 based on 20 countries was 6.3 percent. The highest value was in Haiti: 36.8 percent and the lowest value was in Costa Rica: 0.5 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

South Korea: Inflation: percent change in the Consumer Price Index: The latest value from 2023 is 3.6 percent, a decline from 5.1 percent in 2022. In comparison, the world average is 9.9 percent, based on data from 160 countries. Historically, the average for South Korea from 1960 to 2023 is 7.6 percent. The minimum value, 0.4 percent, was reached in 2019 while the maximum of 29.5 percent was recorded in 1964.

Inflation, monthly percent change in the CPI in Israel, April, 2025 The most recent value is 1.08 percent as of April 2025, an increase compared to the previous value of 0.49 percent. Historically, the average for Israel from February 1960 to April 2025 is 1.57 percent. The minimum of -7.58 percent was recorded in January 2001, while the maximum of 27.49 percent was reached in July 1985. | TheGlobalEconomy.com

The statistic shows the inflation rate in Saudi Arabia from 1987 to 2022, with projections up until 2030. In 2023, the average inflation rate amounted to 2.33 percent compared to the previous year. Oil production in Saudi Arabia Saudi Arabia’s economy relies heavily on production and export of oil and petroleum. A look at the distribution of global oil reserves by country shows that only Venezuela possesses a higher share in global oil reserves than the Arab state. All in all, Saudi Arabia’s economy is doing quite well. The oil reserves in Saudi Arabia have increased over the last two decades, and the same can be said for the country’s gross domestic product. The unemployment rate has been stable, while the trade balance has shown a steady upwards trend with a significant jump in 2011. Accordingly, Saudi Arabia’s national debt in relation to gross domestic product has been decreasing dramatically over the last ten years. Saudi Arabia is also among the countries with the highest oil consumption worldwide; a ranking of the share of the major consuming countries in global oil consumption, which is led by the United States (which consume almost one fifth of global oil), places Saudi Arabia sixth, behind the US, Russia, and China. Being one of the leading oil producing countries, Saudi Arabia is also a member of OPEC (Organization of the Petroleum Exporting Countries), an association whose primary goal is regulating crude oil prices worldwide and coordinating the oil production and trade of the member countries. According to OPEC, the average price for crude oil has been rising since the 1960s.

Inflation, monthly percent change in the CPI in Mexico, May, 2025 The most recent value is 0.28 percent as of May 2025, a decline compared to the previous value of 0.33 percent. Historically, the average for Mexico from February 1960 to May 2025 is 1.25 percent. The minimum of -1.74 percent was recorded in February 1964, while the maximum of 15.46 percent was reached in January 1988. | TheGlobalEconomy.com

When converted to the value of one US dollar in 2020, goods and services that cost one dollar in 1700 would cost just over 63 dollars in 2020, this means that one dollar in 1700 was worth approximately 63 times more than it is today. This data can be used to calculate how much goods and services from the years shown would cost today, by multiplying the price from then by the number shown in the graph. For example, an item that cost 50 dollars in 1970 would theoretically cost 335.5 US dollars in 2020 (50 x 6.71 = 335.5), although it is important to remember that the prices of individual goods and services inflate at different rates than currency, therefore this graph must only be used as a guide.

Italy: Inflation: percent change in the Consumer Price Index: The latest value from 2023 is 5.6 percent, a decline from 8.2 percent in 2022. In comparison, the world average is 9.9 percent, based on data from 160 countries. Historically, the average for Italy from 1960 to 2023 is 5.7 percent. The minimum value, -0.1 percent, was reached in 2016 while the maximum of 21.1 percent was recorded in 1980.

Inflation, monthly percent change in the CPI in Sri Lanka, May, 2025 The most recent value is 0.48 percent as of May 2025, an increase compared to the previous value of 0.24 percent. Historically, the average for Sri Lanka from February 1960 to May 2025 is 0.69 percent. The minimum of -3.51 percent was recorded in September 1994, while the maximum of 10.49 percent was reached in April 2022. | TheGlobalEconomy.com