As of 2022, ** percent of Gen Z drivers traveled shorter distances by car due to rising prices of petrol, while ** percent of Boomer drivers said the same. On average, almost one third of the drivers worldwide decided to take public transportation instead of driving their car to save some money.

As of April 2025, the inflation rate in the European Union was 2.4 percent, with prices rising fastest in Romania, which had an inflation rate of 4.9 percent. By contrast, both France and Cyprus saw low inflation rates during the same period, with France having the lowest inflation rate in the EU during this month. The rate of inflation in the EU in the October 2022 was higher than at any other time, with the peak prior to 2021 recorded in July 2008 when prices were growing by 4.4 percent year-on-year. Before the recent rises in inflation, price rises in the EU had been kept at relatively low levels, with the inflation rate remaining below three percent between January 2012 and August 2021. Rapid recovery and energy costs driving inflation The reopening of the European economy in 2021 following the sudden shock of COVID-19 in 2020 is behind many of the factors that have caused prices to rise so quickly in 2022. Global supply chains have not yet recovered from production issues, travel restrictions, and workforce problems brought about by the pandemic. Rising energy costs have only served to exacerbate supply problems, particularly with regard to the transport sector, which had the highest inflation rate of any sector in the EU in December 2021. High inflation rates mirrored in the U.S. The high inflation rates seen in Europe have been reflected in other parts of the world. In the United States, for example, the consumer price index reached a 40-year-high of seven percent in December 2021, influenced by many of the same factors driving European inflation. Nevertheless, it is hoped that once these supply chain issues ease, inflation levels will start to fall throughout the course of 2022.

This data package includes the underlying data files to replicate the calculations and charts presented in Soaring demand is driving double-digit import price inflation in the United States, PIIE Policy Brief 22-12.

If you use the data, please cite as: Freund, Caroline (2022). Soaring demand is driving double-digit import price inflation in the United States, PIIE Policy Brief 22-12. Peterson Institute for International Economics.

Supplementary material (Figures and Tables) of the paper published in Acta Oeconomica ABSTRACT Measurement of the performances of inflation targeting (IT) frameworks has been of interest to researchers ever since IT began to be implemented as a monetary policy strategy. The purpose of this paper is to evaluate the impact of domestic and international determinants on success in achieving inflation targets of the selected European economies. Our methodological framework is based on the application of a non-stationary discrete choice model. For this research, four European economies are considered: Czech Republic, Hungary, Poland and Serbia. Their results regarding IT policy can provide a useful benchmark for similar economies that are either planning to adopt the same monetary policy framework or have begun to apply it recently. Our findings indicate that IT success is primarily under the control of monetary policymakers by key policy rate mechanism, but that the impact of additional domestic and international factors that are not easily managed by the central bank like budget balance, exchange rate, growth rate, current account balance, labor cost growth, loans, Harmonized Index of Consumer Prices, inflation, and GDP gap of the Eurozone, can be also significant. Consequently, monetary policymakers need to take into account a wide range of inflation factors, including foreign spillover effects, so that tools for their neutralization can be helpful in achieving the targeted goals.

Core consumer prices in the United States increased 2.90 percent in June of 2025 over the same month in the previous year. This dataset provides - United States Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In June 2025, the UK inflation rate for goods was 2.4 percent and 4.7 percent for services. Prices for goods accelerated significantly, sharply between 2021 and 2022, before falling in 2023. By comparison, prices for services initially grew at a more moderate rate but have also not fallen as quickly. The overall CPI inflation rate for the UK reached a recent high of 11.1 percent in October 2022 and remained in double figures until April 2023, when it fell to 8.7 percent. As of this month, the UK's inflation rate was 3.6 percent, up from 3.4 percent in the previous month. Sectors driving high inflation In late 2024, communication was the sector with the highest inflation rate, with prices increasing by 6.1 percent as of December 2024. During the recent period of high inflation that eased in 2023, food and energy prices were particular high, with housing and energy inflation far higher than in any other sector, peaking at 26.6 percent towards the end of 2022. High food and energy prices since 2021 have been one of the main causes of the cost of living crisis in the UK, especially for low-income households that spend a higher share of their income on these categories. This is likely one of the factors driving increasing food bank usage in the UK, which saw approximately 3.12 million people use a food bank in 2023/24, compared with 1.9 million just before the COVID-19 pandemic. The global inflation crisis The UK has not been alone in suffering rapid price increases since 2021. After the start of the COVID-19 pandemic, a series of economic and geopolitical shocks had a dramatic impact on the global economy. A global supply chain crisis failed to meet rising demand in 2021, leading to the beginning of an Inflation Crisis, which was only exacerbated by Russia's invasion of Ukraine in February 2022. The war directly influenced the prices of food and energy, as both countries were major exporters of important crops. European imports of hydrocarbons from Russia were also steadily reduced throughout 2022 and 2023, resulting in higher energy prices throughout the year.

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The automotive automatic tire inflation system (ATIS) market share is expected to increase by USD 482.79 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 9.76%.

This automotive automatic tire inflation system (ATIS) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the automotive automatic tire inflation system (ATIS) market segmentation by application (trailers and trucks) and geography (North America, Europe, APAC, South America, and MEA). The automotive automatic tire inflation system (ATIS) market report also offers information on several market vendors, including ColVen SA, Dana Inc., Hendrickson Holdings LLC, Meritor Inc., Michelin Group, Parker Hannifin Corp., Pressure Systems International Inc., SAF-HOLLAND SE, STEMCO Products Inc., and ti.systems GmbH among others.

What will the Automotive Automatic Tire Inflation System (ATIS) Market Size be During the Forecast Period?

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Automotive Automatic Tire Inflation System (ATIS) Market: Key Drivers, Trends, and Challenges

The ATIS helps in reducing maintenance costs for fleet operators is notably driving the automotive automatic tire inflation system (ATIS) market growth, although factors such as fitment issues and additional maintenance of ATIS may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the automotive automatic tire inflation system (ATIS) market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Automotive Automatic Tire Inflation System (ATIS) Market Driver

The government regulations on TPMS are one of the key factors driving the growth of the global automotive automatic tire inflation system (ATIS) market. Various government bodies and automotive governing councils across the world are encouraging the use of advanced systems and technologies that help in the reduction of vehicular emissions. In addition, there are various initiatives aimed at the use of energy-efficient technologies in vehicles. Deteriorating air quality due to increasing vehicular emissions globally has led to the formulation of mandatory emission standards by governments. Such norms and initiatives are promoting the use of advanced systems, such as TPMS, in automobiles. In addition, the growing concerns about passenger safety have compelled automobile manufacturers to equip vehicles with various driver assistance safety systems. ATIS helps minimize accidents, reduces fatalities, and improves overall vehicle safety. Consequently, governments have started implementing stringent safety regulations regarding the development and sales of these systems. For instance, the TREAD Act was passed by the US Congress in 2000 in reaction to the Firestone recall, which created unsafe driving conditions and resulted in 100 fatalities because of automobile rollovers caused by tire separation.

Key Automotive Automatic Tire Inflation System (ATIS) Market Trend

The development of intelligent tire technologies will fuel the global automotive automatic tire inflation system (ATIS) market growth. A combination of TPMS, electronic stability control (ESC), and an anti-lock braking system (ABS) can interpret the tire conditions; these calculations tend to be wrong as the tires wear out or get replaced with another type. Hence, manufacturers are undertaking R&D to develop intelligent tires, which will provide proper feedback data to the vehicle. For such a system to work, the major properties that the tire should monitor are pressure, temperature, wear rate, and tread depth at any point in time. Such complex data acquisition via sensor units mounted on tires will provide the accurate state of tires. The controller in the feedback loop must cover the given parameters of a tire type of a particular manufacturer so that any change in the tire type can be set by some user interface. The sensors will monitor the current values of tires, and the controller will compare these values to the pre-set parameter values. With any change from the tolerable limits, the system will notify the users or take automatic control of the solutions.

Key Automotive Automatic Tire Inflation System (ATIS) Market Challenge

The technology readiness for advanced systems in emerging countries is a major challenge for the global automotive automatic tire inflation system (ATIS) market growth. In the commercial vehicle segment, the focus of the owner or the fleet manager is to reduce the operating costs to earn profits. T

Inflation Expectations in the United States decreased to 3 percent in June from 3.20 percent in May of 2025. This dataset provides - United States Consumer Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Ten-Year TIPS Yields versus Real Yields is a part of the Inflation Expectations indicator of the Federal Reserve Bank of Cleveland.

We report average expected inflation rates over the next one through 30 years. Our estimates of expected inflation rates are calculated using a Federal Reserve Bank of Cleveland model that combines financial data and survey-based measures. Released monthly.

Milking Inflation Market Outlook

The global milking inflation market size was valued at USD 1.2 billion in 2023 and is projected to reach USD 2.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2032. The growth of this market is primarily driven by advancements in dairy farming technologies and the increasing demand for automation in milking processes, which enhance efficiency and productivity.

One of the major growth factors propelling the milking inflation market is the rising global demand for dairy products. As populations grow and urbanize, particularly in developing regions, the consumption of dairy products such as milk, cheese, and yogurt is increasing. This has led dairy farms to adopt more efficient milking systems to meet demand while maintaining high standards of animal welfare and product quality. Additionally, the push for sustainable farming practices is encouraging the adoption of advanced milking technologies that reduce waste and improve energy efficiency.

Technological advancements represent another significant growth driver for the milking inflation market. Innovations in robotic milking systems and electronic monitoring devices have revolutionized the dairy industry. These technologies offer numerous benefits, including reduced labor costs, improved data accuracy, and increased milk yield. Automated systems also allow for more precise monitoring of cow health and milk quality, which can lead to better overall herd management and productivity. Furthermore, research and development in this field continue to produce new solutions that are more efficient and cost-effective, further driving market growth.

The increasing focus on animal welfare is also significantly contributing to the market's expansion. Modern milking systems are designed to be gentler on cows, reducing stress and the risk of injury. This, in turn, can lead to higher milk yields and better-quality milk. Dairy farmers are increasingly aware that maintaining high standards of animal welfare can improve their profitability and sustainability. As a result, there is a growing trend towards the adoption of advanced milking technologies that prioritize the well-being of the animals.

The role of Commercial Milking Equipment in modern dairy farming cannot be overstated. As dairy farms strive to meet the increasing demand for milk and dairy products, the need for efficient and reliable milking equipment becomes paramount. Commercial milking equipment encompasses a wide range of tools and machinery designed to streamline the milking process, reduce labor costs, and enhance milk quality. These systems are engineered to handle large volumes of milk, making them ideal for commercial dairy operations. By integrating advanced technologies such as automated milking systems and electronic monitoring devices, commercial milking equipment ensures that dairy farms can maintain high standards of animal welfare while maximizing productivity. As the industry continues to evolve, the adoption of commercial milking equipment is expected to grow, driven by the need for efficiency and sustainability.

Regionally, the market outlook varies, with North America and Europe leading in the adoption of advanced milking technologies due to higher levels of technological awareness and investment capabilities. In contrast, the Asia Pacific region is expected to witness the fastest growth during the forecast period, driven by rapid urbanization, rising disposable incomes, and increasing dairy consumption. Latin America and the Middle East & Africa are also expected to show significant growth, although at a slower pace compared to other regions, due to improving economic conditions and growing agricultural sectors.

Product Type Analysis

The milking inflation market is segmented into automatic milking systems, conventional milking systems, and robotic milking systems. Automatic milking systems (AMS) have gained significant traction in recent years due to their ability to operate with minimal human intervention. AMS uses advanced sensors and software to optimize the milking process, which can lead to higher milk yield and better animal health. The ability to gather and analyze data in real-time allows farmers to make informed decisions, improving overall farm management.

Conventional milking systems, while still widely used, are gradually being phased out in favor of more advanced technologies. These sy

According to projections by staff of the Eurosystem - the group of central banks of countries which use the Euro as their currency - the annual inflation rate of the Eurozone is set to decline sharply, halving from 5.4 percent in 2023 to 2.1 percent in 2025, with more gradual declines in 2026 and 2027. This decline in the rate of increase of the price level in the Eurozone is being driven by comparatively low inflation in energy prices, which stands in sharp contrast to the situation of the EU in 2022, when the price of energy skyrocketed due to the sanctions placed on Russia in the aftermath of the invasion of Ukraine. Food price inflation - which was a key driver of inflation in 2023, standing at over 10 percent - is also contributing to the drop in the inflation rate, as a sharp fall to 3.0 percent is forecast for 2025.

Core Inflation Rate MoM in the United States increased to 0.20 percent in June from 0.10 percent in May of 2025. This dataset includes a chart with historical data for the United States Core Inflation Rate MoM.

The food inflation in India fell to around *** percent year-on-year in January 2025. In 2024, the food inflation peaked in October at about ** percent. Impact of inflation Inflation is a key economic indicator of an economy, influencing purchasing power, investments, and economic growth. The rise in food prices, which comprise about **** of the consumer price index (CPI) basket, affects large sections of the Indian population. Supply chain disruptions, increased cost of production, global market dependency, weather conditions, and government policies on minimum support prices are some reasons leading to food inflation. TOP drivers of food inflation Price-sensitive vegetables viz. tomato, onion, and potato (TOP) were the leading drivers of food inflation as per the Economic Survey for the financial year 2025. Experts argue that price pressures are not mainly due to a shortfall in production but post-harvest losses, seasonal production, and regional dispersion in production.  

Inflation in Myanmar dropped to a five-year low in 2022, settling at 2.25 percent. This is down from a fairly high spike in 2015, expected to converge to a steady state around 7.8 percent in the coming years. For a developing economy, this is an acceptable level, though Myanmar’s central bankers would probably prefer one or two percentage points less. What is inflation? Inflation is the rise in prices over time. This is often caused by economic growth, and economists consider low, stable growth to be a sign of a healthy economy. The unemployment rate can also cause inflation if it is too low because businesses have to offer higher wages to attract workers. The firms raise prices to pay these higher wages, driving up inflation. Myanmar may be different While the unemployment rate is very low, other indicators may reveal that the labor market still has some slack. Myanmar does not publish the workforce particiaption rate, but one can infer by the low rate of urbanization that many workers may engage in subsistance agriculture or simply not search for jobs, keeping them out of the unemployment statistic. Similarly, the low gross domestic product (GDP) per capita may cause workers to stay with a job that is not a good match simply because they do not think they can find another. The hope is that the higher inflation rate will have upward pressure on wages, bringing more wealth to the people of Myanmar.

In 2024, food items were the category that contributed most to the year-on-year change of the Consumer Price Index (CPI) of all items in Japan, with a contribution of ****. Culture and recreation followed with a contribution ****. The total contribution of all items is equal to the rate of change of the CPI, which was *** percent in 2024. The CPI of all items rose to ***** index points.

In 2019, the inflation rate of the United Arab Emirates was at 1.93 percent compared to the previous year. For 2018, estimates show a sharp increase of over 3.07 percent, before inflation slumps back to around 2 percent in 2029.

Oil is keeping everything afloat

The economy of the United Arab Emirates heavily relies on oil and its respective revenues. The UAE possess vast stable oil reserves, and crude oil production is steadily increasing. Naturally, oil exports – mostly to the Asia-Pacific region – are the main economic driver, and the industrial and services sectors have divided generation of GDP almost evenly among themselves. Oil has caused the UAE economy to thrive and caused an impressive trade surplus just a few years ago, before a dramatic (but still not overly concerning) slump.

Oil is dragging everything down

When oil prices decreased, so did the trade surplus, and inflation mirrored this by skyrocketing from around one percent to over four percent in three years. Another three years later, in 2018, it spiked again at over 3.5 percent – another response to dropping oil prices. Diversifying the economy is one way for the UAE to diminish oil’s monopoly; tourism has been a growing industry over the last few years and might just stabilize inflation if another oil price slump hits.

ABSTRACT Food prices play a major role in setting inflation rates, and in recent years’ global climatic conditions has worsened a lot while global demand is increasing due to the growth of the middle class in countries such as China and India. Rising food prices remains a key concern for the government of Saudi Arabia. Saudi Arabia remains vulnerable to increases in food prices due to its high dependence on imports. The Saudi economy is an open-market based economy which is reflected by data of foreign trade with trading partners of the Kingdom. High degree of economic openness of a country causes the domestic inflation rate to be affected by change in the prices of goods in the country of origin. Saudi government is facing the challenge of limiting inflation amid a spike in global food prices. Another major challenge to the effectiveness of the Saudi monetary policy is the lack of autonomy due to the pegged exchange rate system with the US dollar. This paper attempts to study the market dynamics of the kingdom of Saudi Arabia, drivers responsible for inflation and measures that has been taken by the government to deal with the situation.

In 2024, the annual inflation rate for the United Kingdom was 2.5 percent, with the average rate for 2025 predicted to rise to 3.2 percent, revised upwards from an earlier prediction of 2.6 percent. The UK has only recently recovered from a period of elevated inflation, which saw the CPI rate reach 9.1 percent in 2022, and 7.3 percent in 2023. Despite an uptick in inflation expected in 2025, the inflation rate is expected to fall to 2.1 percent in 2026, and two percent between 2027 and 2029. UK inflation crisis Between 2021 and 2023, inflation surged in the UK, reaching a 41-year-high of 11.1 percent in October 2022. Although inflation fell to more usual levels by 2024, prices in the UK had already increased by over 20 percent relative to the start of the crisis. The two main drivers of price increases during this time were food and energy inflation, two of the main spending areas of UK households. Although food and energy prices came down quite sharply in 2023, underlying core inflation, which measures prices rises without food and energy, remained slightly above the headline inflation rate throughout 2024, suggesting some aspects of inflation had become embedded in the UK economy. Inflation rises across in the world in 2022 The UK was not alone in suffering from runaway inflation over the last few years. From late 2021 onwards, various factors converged to encourage a global acceleration of prices, leading to the ongoing inflation crisis. Blocked-up supply chains were one of the main factors as the world emerged from the COVID-19 pandemic. This was followed by energy and food inflation skyrocketing after Russia's invasion of Ukraine. Central bank interest rates were raised globally in response to the problem, possibly putting an end to the era of cheap money that has defined monetary policy since the financial crash of 2008.