Cost of food in Costa Rica increased 1.56 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Costa Rica Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Rate in Moldova increased to 8.20 percent in June from 7.90 percent in May of 2025. This dataset provides - Moldova Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

During the financial year 2023, the cost inflation index (CII) in India stood at 348. This was an increase from the previous year's figure of 331. The CII is used to compute an asset's inflation-adjusted cost price. It is used to assess the inflation value of assets like land, houses, jewelry etc.

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.

Inflation Rate in Ethiopia remained unchanged at 14.40 percent in May. 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.

The Federal Reserve's balance sheet has undergone significant changes since 2007, reflecting its response to major economic crises. From a modest *** trillion U.S. dollars at the end of 2007, it ballooned to approximately **** trillion U.S. dollars by June 2025. This dramatic expansion, particularly during the 2008 financial crisis and the COVID-19 pandemic - both of which resulted in negative annual GDP growth in the U.S. - showcases the Fed's crucial role in stabilizing the economy through expansionary monetary policies. Impact on inflation and interest rates The Fed's expansionary measures, while aimed at stimulating economic growth, have had notable effects on inflation and interest rates. Following the quantitative easing in 2020, inflation in the United States reached ***** percent in 2022, the highest since 1991. However, by *************, inflation had declined to *** percent. Concurrently, the Federal Reserve implemented a series of interest rate hikes, with the rate peaking at **** percent in ***********, before the first rate cut since ************** occurred in **************. Financial implications for the Federal Reserve The expansion of the Fed's balance sheet and subsequent interest rate hikes have had significant financial implications. In 2023, the Fed reported a negative net income of ***** billion U.S. dollars, a stark contrast to the ***** billion U.S. dollars profit in 2022. This unprecedented shift was primarily due to rapidly rising interest rates, which caused the Fed's interest expenses to soar to over *** billion U.S. dollars in 2023. Despite this, the Fed's net interest income on securities acquired through open market operations reached a record high of ****** billion U.S. dollars in the same year.

In 2023, the average exchange rate from U.S. dollars to Indonesian rupiah amounted to approximately 15,416, meaning that one U.S. dollar could buy 15,416 Indonesian rupiah. During the surveyed period, the Indonesian rupiah exchange rate against the U.S. dollar fluctuated and tended to depreciate. Inflation in Indonesia Indonesia's inflation rate has risen in the past few months due to rising food prices and airfares. The annual inflation rate in June 2022 was the highest in the past few years. This value finally passed Indonesia's central bank's inflation target range for that year, between two and four percent. However, with the ongoing COVID-19 pandemic and the Ukraine-Russia war, the inflation rate increase in Indonesia is still relatively low compared to other countries, showing a strong economy. Balance of trade in Indonesia Following Russia's invasion of Ukraine, Indonesia has seen growth in trade, particularly for coal, palm oil, and minerals. Coal exports were briefly prohibited at the beginning of the year to secure domestic supplies, but they quickly resumed and reached record highs in March 2022. With this rising trade and steady development, Indonesia, the largest economy in Southeast Asia, is also expected to attract more foreign investment, lowering inflation and increasing the country's currency exchange rate.

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.

The Consumer Price Index in Bahrain decreased 0.50 percent in May of 2025 over the previous month. This dataset provides - Bahrain Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Mongolia decreased to 8.20 percent in June from 8.30 percent in May of 2025. This dataset provides the latest reported value for - Mongolia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

House prices in Spain have risen year-on-year since 2014. The house price index measures the development of house prices, with 2015 chosen as a base year when the index value was 100. Between 2021 and 2023, the house price index in Spain rose by eight percent for new housing and 3.2 percent for existing housing. Overall, newly built housing has appreciated more than existing homes.

The annual average consumer price index in Brazil was approximately 45.81 trillion points in 2024. Following a continuous upward trend, the index has risen by around 45.81 trillion points since 1980. Between 2024 and 2030, the index will rise by around 10.98 trillion points, continuing its consistent upward trajectory.As defined by the International Monetary Fund, this indicator measures inflation on the basis of the average consumer price index. This index measure expresses a country's average level of prices based on a typical basket of consumer goods and services during a certain year. Typically a reference year exists for which a value of 100 had been assigned.

The annual average consumer price index in Suriname was estimated at about 810.71 points in 2024. Between 1980 and 2024, the index rose by approximately 810.48 points, though the increase followed an uneven trajectory rather than a consistent upward trend. The index will steadily rise by around 351.42 points over the period from 2024 to 2030, reflecting a clear upward trend.As defined by the International Monetary Fund, this indicator measures inflation on the basis of the average consumer price index. This index measure expresses a country's average level of prices based on a typical basket of consumer goods and services during a certain year. Typically a reference year exists for which a value of 100 had been assigned.

Core consumer prices in Nigeria increased 22.28 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Nigeria Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation in Zimbabwe rose to 10.61 percent in 2018, and is projected to jump dramatically to 736.11 percent in 2024. After that, estimates predict a slow decline for now - however, given Zimbabwe’s history of poor monetary policy, including one of the worst instances of hyperinflation, this seems unrealistic. Inflation history Inflation depends significantly on economic expectations of it, making it hard to reduce inflation once it has hit higher levels. This happened in Zimbabwe in the years approaching 2008, at the end of which a single U.S. dollar was worth over 2.6 trillion Zimbabwe dollars, up from 10,000 Zimbabwe dollars at the start of 2005. This all but destroyed Zimbabwe’s economy, leading to very low gross domestic product (GDP) per capita and a government struggling to finance itself. The way ahead In 2009, the Zimbabwean dollar had twelve zeros slashed from the banknotes. This was not enough, and after three decades of rule, former Zimbabwean president Robert Mugabe was removed from power at the end of 2017. Citizens of the country are trying to hold foreign banknotes; they prefer U.S. dollars or euros, but the South African rand is more common. However, the rand’s performance against other currencies has been lackluster in recent years. This underscores the struggle that the Zimbabwean people have to find a stable currency at the moment.

This feature layer consists of the contiguous United States and District of Columbia, with Alaska and Hawaii. It comprises state minimum wage data for 2018, as well as historical data since 1968, and future data where available. The data was compiled from the U.S. Department of Labor, the National Conference of State Legislatures, and the U.C. Berkeley Labor Center, with living wage data from MIT's Living Wage Calculator. This layer uses the composite geographies layout to position Alaska and Hawaii adjacent to the contiguous United States.Attributes:

Field Name Unit Description

PeakMW Nominal dollar value Highest minimum wage value planned to be reached in future years (2019-2022)

PeakYR Year The year that the highest minimum wage value is planned to be reached (2019-2022)

DiffPeak2018 Nominal dollar value (difference) The difference between the peak minimum wage and the 2018 minimum wage (PeakMW - DiffPeak2018)

MW2018 Nominal dollar value 2018 state minimum wage

Increase2017 Nominal dollar value (difference) The difference between the 2018 minimum wage and the 2017 minimum wage (MW2018 - MW2017)

Increase2000 2017 dollar value (difference) The difference between the 2018 minimum wage and the 2000 minimum wage (MW2018-MW2000)

Effective2018 Nominal dollar value The minimum wage effective in 2018. For states with minimum wages below the federal minimum wage of $7.25, or for states that have no minimum wage requirement, the federal minimum wage applies.

LV2016 Nominal dollar value 2016 living wage for a single adult at the state level

DiffMWLV Nominal dollar value (difference) The difference between the 2018 minimum wage and the 2016 living wage

CurrentMW Category The type of minimum wage policy in place at the state level

PoliciesMW Text When a state has an indexed minimum wage, the type of policy is described here

Update2018 Category Yes = the state implemented an update to its minimum wage in 2018; No = no policy update in 2018

MW2017 Nominal dollar value 2017 minimum wage

MW2016 2017 dollar value 2016 minimum wage, adjusted for inflation to 2017 dollars

MW2015 2017 dollar value 2015 minimum wage, adjusted for inflation to 2017 dollars

MW2014 2017 dollar value 2014 minimum wage, adjusted for inflation to 2017 dollars

MW2013 2017 dollar value 2013 minimum wage, adjusted for inflation to 2017 dollars

MW2012 2017 dollar value 2012 minimum wage, adjusted for inflation to 2017 dollars

MW2011 2017 dollar value 2011 minimum wage, adjusted for inflation to 2017 dollars

MW2010 2017 dollar value 2010 minimum wage, adjusted for inflation to 2017 dollars

MW2009 2017 dollar value 2009 minimum wage, adjusted for inflation to 2017 dollars

MW2008 2017 dollar value 2008 minimum wage, adjusted for inflation to 2017 dollars

MW2007 2017 dollar value 2007 minimum wage, adjusted for inflation to 2017 dollars

MW2006 2017 dollar value 2006 minimum wage, adjusted for inflation to 2017 dollars

MW2005 2017 dollar value 2005 minimum wage, adjusted for inflation to 2017 dollars

MW2004 2017 dollar value 2004 minimum wage, adjusted for inflation to 2017 dollars

MW2003 2017 dollar value 2003 minimum wage, adjusted for inflation to 2017 dollars

MW2002 2017 dollar value 2002 minimum wage, adjusted for inflation to 2017 dollars

MW2001 2017 dollar value 2001 minimum wage, adjusted for inflation to 2017 dollars

MW2000 2017 dollar value 2000 minimum wage, adjusted for inflation to 2017 dollars

MW1998 2017 dollar value 1998 minimum wage, adjusted for inflation to 2017 dollars

MW1997 2017 dollar value 1997 minimum wage, adjusted for inflation to 2017 dollars

MW1996 2017 dollar value 1996 minimum wage, adjusted for inflation to 2017 dollars

MW1994 2017 dollar value 1994 minimum wage, adjusted for inflation to 2017 dollars

MW1992 2017 dollar value 1992 minimum wage, adjusted for inflation to 2017 dollars

MW1991 2017 dollar value 1991 minimum wage, adjusted for inflation to 2017 dollars

MW1988 2017 dollar value 1988 minimum wage, adjusted for inflation to 2017 dollars

MW1981 2017 dollar value 1981 minimum wage, adjusted for inflation to 2017 dollars

MW1980 2017 dollar value 1980 minimum wage, adjusted for inflation to 2017 dollars

MW1979 2017 dollar value 1979 minimum wage, adjusted for inflation to 2017 dollars

MW1976 2017 dollar value 1976 minimum wage, adjusted for inflation to 2017 dollars

MW1972 2017 dollar value 1972 minimum wage, adjusted for inflation to 2017 dollars

MW1970 2017 dollar value 1970 minimum wage, adjusted for inflation to 2017 dollars

MW1968 2017 dollar value 1968 minimum wage, adjusted for inflation to 2017 dollars

Inflation Rate in Uganda increased to 3.90 percent in June from 3.80 percent in May of 2025. This dataset provides - Uganda Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation, monthly percent change in the CPI in Morocco, May, 2025 The most recent value is -0.4 percent as of May 2025, a decline compared to the previous value of -0.3 percent. Historically, the average for Morocco from February 2007 to May 2025 is 0.15 percent. The minimum of -1.57 percent was recorded in May 2009, while the maximum of 2.23 percent was reached in September 2009. | TheGlobalEconomy.com

Inflation Rate in Brunei decreased to -0.50 percent in May from -0.10 percent in April of 2025. This dataset provides the latest reported value for - Brunei Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.