Inflation rates experienced by different groups of consumers within a country vary. This is because the prices of goods and services and the expenditure patterns of consumers differ. The published inflation rate is used for important decisions regarding the preservation of consumer purchasing power. These include the adjustment of social grants and minimum wages by government and the benchmarking of returns by investors when making investment decisions. It is thus vital that inflation is measured accurately to ensure the purchasing power of consumers is preserved. Current measures of inflation published by Stats SA are applicable to typical consumers and are not relevant to each individual. This resource supplements a study that seeks to provide a publicly available model that can be used by consumers to calculate their personal rate of inflation.

Inflation Rate In the Euro Area decreased to 1.90 percent in May from 2.20 percent in April of 2025. This dataset provides the latest reported value for - Euro Area Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

Inflation, monthly percent change in the CPI in Hungary, April, 2025 The most recent value is 0.12 percent as of April 2025, an increase compared to the previous value of 0.01 percent. Historically, the average for Hungary from February 1996 to April 2025 is 0.51 percent. The minimum of -0.76 percent was recorded in November 2013, while the maximum of 3.78 percent was reached in January 1997. | TheGlobalEconomy.com

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, monthly percent change in the CPI in the Netherlands, May, 2025 The most recent value is -0.85 percent as of May 2025, a decline compared to the previous value of 1.79 percent. Historically, the average for the Netherlands from February 1996 to May 2025 is 0.2 percent. The minimum of -3.9 percent was recorded in November 2022, while the maximum of 4.43 percent was reached in March 2022. | TheGlobalEconomy.com

Inflation Rate in Spain decreased to 1.90 percent in May from 2.20 percent in April of 2025. This dataset provides the latest reported value for - Spain Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation, monthly percent change in the CPI in Fiji, April, 2025 The most recent value is -0.63 percent as of April 2025, a decline compared to the previous value of 0.64 percent. Historically, the average for Fiji from February 2016 to April 2025 is 0.19 percent. The minimum of -2.62 percent was recorded in March 2021, while the maximum of 2.26 percent was reached in January 2017. | TheGlobalEconomy.com

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.

Lebanon: Inflation: percent change in the Consumer Price Index: The latest value from 2023 is 221.3 percent, an increase from 171.2 percent in 2022. In comparison, the world average is 9.9 percent, based on data from 160 countries. Historically, the average for Lebanon from 2009 to 2023 is 44.3 percent. The minimum value, -3.7 percent, was reached in 2015 while the maximum of 221.3 percent was recorded in 2023.

In 2024, the consumer price index (CPI) was 315.61. Data represents U.S. city averages. The monthly inflation rate for the United States can be found here. United States urban Consumer Price Index (CPI) The U.S. Consumer Price Index is a measure of change in the price of consumer goods and services purchased by households. The CPI is defined by the United States Bureau of Labor Statistics 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." To calculate the CPI, the Bureau of Labor Statistics considers the price of goods and services from various categories: housing, transportation, apparel, food & beverage, medical care, recreation, education and other/uncategorized. The CPI is a useful measure, as it indicates how the cost of urban living in the United States has changed over time, compared to a base period. CPI is also used to calculate inflation, or change in the purchasing power of money. According to the U.S. Bureau of Labor Statistics, the U.S. urban CPI has been rising steadily since 1992. As of 2023, the CPI was 304.7, up from 233 ten years earlier and up from 184 twenty years earlier. This indicates the extent to which, compared to a base period 1982-1984 = 100, the price of various goods and services has risen.

Saudi Arabia inflation rate for 2023 was 2.33%, a 0.15% decline from 2022.

<ul style='margin-top:20px;'>

<li>Saudi Arabia inflation rate for 2022 was <strong>2.47%</strong>, a <strong>0.59% decline</strong> from 2021.</li>
<li>Saudi Arabia inflation rate for 2021 was <strong>3.06%</strong>, a <strong>0.38% decline</strong> from 2020.</li>
<li>Saudi Arabia inflation rate for 2020 was <strong>3.45%</strong>, a <strong>5.54% increase</strong> from 2019.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

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

Puerto Rico: Inflation forecast: The latest value from 2030 is 1.53 percent, unchanged from 1.53 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Puerto Rico from 1981 to 2030 is 2 percent. The minimum value, -1.96 percent, was reached in 2001 while the maximum of 7.42 percent was recorded in 1981.

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.

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 Taiwan decreased to 1.55 percent in May from 2.03 percent in April 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.

Inflation Rate in European Union decreased to 2.40 percent in April from 2.50 percent in March 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.

In March 2025, inflation amounted to 2.4 percent, while wages grew by 4.3 percent. The inflation rate has not exceeded the rate of wage growth since January 2023. Inflation in 2022 The high rates of inflation in 2022 meant that the real terms value of American wages took a hit. Many Americans report feelings of concern over the economy and a worsening of their financial situation. The inflation situation in the United States is one that was experienced globally in 2022, mainly due to COVID-19 related supply chain constraints and disruption due to the Russian invasion of Ukraine. The monthly inflation rate for the U.S. reached a 40-year high in June 2022 at 9.1 percent, and annual inflation for 2022 reached eight percent. Without appropriate wage increases, Americans will continue to see a decline in their purchasing power. Wages in the U.S. Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.

Hong Kong inflation rate for 2024 was 1.73%, a 0.37% decline from 2023.

<ul style='margin-top:20px;'>

<li>Hong Kong inflation rate for 2023 was <strong>2.10%</strong>, a <strong>0.22% increase</strong> from 2022.</li>
<li>Hong Kong inflation rate for 2022 was <strong>1.88%</strong>, a <strong>0.31% increase</strong> from 2021.</li>
<li>Hong Kong inflation rate for 2021 was <strong>1.57%</strong>, a <strong>1.32% increase</strong> from 2020.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.