Inflation Rate in the United States remained unchanged at 2.70 percent in July. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In January 2025, prices had increased by three percent compared to January 2024 according to the 12-month percentage change in the consumer price index — the monthly inflation rate for goods and services in the United States. The data represents U.S. city averages. In economics, the inflation rate is a measure of the change in price level over time. The rate of decrease in the purchasing power of money is approximately equal. A projection of the annual U.S. inflation rate can be accessed here and the actual annual inflation rate since 1990 can be accessed here. InflationOne of the most important economic indicators is the development of the Consumer Price Index in a country. The change in this price level of goods and services is defined as the rate of inflation. The inflationary situation in the United States had been relatively severe in 2022 due to global events relating to COVID-19, supply chain restrains, and the Russian invasion of Ukraine. More information on U.S. inflation may be found on our dedicated topic page. The annual inflation rate in the United States has increased from 3.2 percent in 2011 to 8.3 percent in 2022. This means that the purchasing power of the U.S. dollar has weakened in recent years. The purchasing power is the extent to which a person has available funds to make purchases. According to the data published by the International Monetary Fund, the U.S. Consumer Price Index (CPI) was about 258.84 in 2020 and is forecasted to grow up to 325.6 by 2027, compared to the base period from 1982 to 1984. The monthly percentage change in the Consumer Price Index (CPI) for urban consumers in the United States was 0.1 percent in March 2023 compared to the previous month. In 2022, countries all around the world are experienced high levels of inflation. Although Brazil already had an inflation rate of 8.3 percent in 2021, compared to the previous year, while the inflation rate in China stood at 0.85 percent.

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 Argentina decreased to 36.60 percent in July from 39.40 percent in June 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.

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 .

Inflation Rate in India decreased to 1.55 percent in July from 2.10 percent in June of 2025. This dataset provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Canada BOS: Input Price Inflation: Decrease data was reported at 28.000 % in Mar 2025. This records a decrease from the previous number of 46.000 % for Dec 2024. Canada BOS: Input Price Inflation: Decrease data is updated quarterly, averaging 25.000 % from Sep 1998 (Median) to Mar 2025, with 107 observations. The data reached an all-time high of 72.000 % in Sep 2023 and a record low of 8.000 % in Mar 2021. Canada BOS: Input Price Inflation: Decrease data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.S003: Business Outlook Survey. Business Outlook Survey Questionnaire: Input Price Inflation - Over the next 12 months, are prices of products/services purchased expected to increase at a greater, lesser, or the same rate as over the past year? [COVID-19-IMPACT]

This data package includes the underlying data to replicate the charts, tables, and calculations presented in Why did inflation rise and fall so rapidly? Lessons from the Korean War, PIIE Working Paper 25-1.

If you use the data, please cite as:

Gagnon, Joseph E., and Asher Rose. 2025. Why did inflation rise and fall so rapidly? Lessons from the Korean War. PIIE Working Paper 25-1. Washington: Peterson Institute for International Economics.

Inflation Rate in Turkey decreased to 33.52 percent in July from 35.05 percent in June of 2025. This dataset provides the latest reported value for - Turkey 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 Japan decreased to 3.30 percent in June from 3.50 percent in May 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.

Armenia Inflation Target: Lower Bound data was reported at 2.000 % in 2025. This records a decrease from the previous number of 2.500 % for 2024. Armenia Inflation Target: Lower Bound data is updated yearly, averaging 2.500 % from Dec 2007 (Median) to 2025, with 19 observations. The data reached an all-time high of 2.500 % in 2024 and a record low of 2.000 % in 2025. Armenia Inflation Target: Lower Bound data remains active status in CEIC and is reported by Central Bank of Armenia. The data is categorized under Global Database’s Armenia – Table AM.I001: Consumer Price Index: Inflation Target.

It is widely acknowledged that the Fed can control the average inflation rate over a period of time reasonably well. Because of this and the Federal Open Market Committee's (FOMC's) long-standing commitment to price stability, the author argues that the FOMC has an implicit long-run inflation objective (LIO) lower and upper bounds to the long-run inflation rate. He shows that the statements made by the FOMC in 2003 clarified the lower bound of its LIO and that the average of long-run inflation expectations responded by rising about 80 basis points. Moreover, consistent with reducing the market's uncertainty about the FOMC's LIO, long-run inflation expectations became more stable. The FOMC has recently been more specific about the upper bound of its LIO as well. The FOMC could eliminate the remaining uncertainty by establishing an explicit, numerical inflation objective.

United States Breakeven Inflation: 5-Year data was reported at 2.410 % in 15 May 2025. This records a decrease from the previous number of 2.440 % for 14 May 2025. United States Breakeven Inflation: 5-Year data is updated daily, averaging 1.900 % from Jan 2003 (Median) to 15 May 2025, with 5597 observations. The data reached an all-time high of 3.590 % in 25 Mar 2022 and a record low of 0.140 % in 19 Mar 2020. United States Breakeven Inflation: 5-Year data remains active status in CEIC and is reported by Federal Reserve Bank of St. Louis. The data is categorized under Global Database’s United States – Table US.I: Breakeven Inflation Rate. [COVID-19-IMPACT]

Inflation Expectation: Germany: Decrease data was reported at 30.700 % in Apr 2025. This records an increase from the previous number of 21.900 % for Mar 2025. Inflation Expectation: Germany: Decrease data is updated monthly, averaging 14.600 % from Dec 1991 (Median) to Apr 2025, with 401 observations. The data reached an all-time high of 88.200 % in Mar 1994 and a record low of 0.000 % in Feb 2018. Inflation Expectation: Germany: Decrease data remains active status in CEIC and is reported by Leibniz Centre for European Economic Research. The data is categorized under Global Database’s Germany – Table DE.S001: Indicator of Economic Sentiment: ZEW.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in New Caledonia was 0.51 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 1.64 percent. Compared to a year ago, we see a decrease from...

Graph and download economic data for 5-Year Breakeven Inflation Rate (T5YIE) from 2003-01-02 to 2025-08-20 about spread, 5-year, interest rate, interest, inflation, rate, and USA.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Chad was 3.65 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 5.62 percent. Compared to a year ago, we see a decrease from the inflation...

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Vietnam was 3.57 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 3.24 percent. Compared to a year ago, we see a decrease from the...

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Turkey was 35.06 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 35.41 percent. Compared to a year ago, we see a decrease from the...

Canada BOS: Output Price Inflation: Decrease data was reported at 26.000 % in Mar 2025. This records a decrease from the previous number of 31.000 % for Dec 2024. Canada BOS: Output Price Inflation: Decrease data is updated quarterly, averaging 27.000 % from Sep 1998 (Median) to Mar 2025, with 107 observations. The data reached an all-time high of 59.000 % in Mar 2009 and a record low of 10.000 % in Mar 2021. Canada BOS: Output Price Inflation: Decrease data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.S003: Business Outlook Survey. Business Outlook Survey Questionnaire: Output Price Inflation - Over the next 12 months, are prices of products/services sold expected to increase at a greater, lesser, or the same rate as over the past year? [COVID-19-IMPACT]