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 Sweden increased to 0.80 percent in July from 0.70 percent in June of 2025. This dataset provides - Sweden Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the average inflation rate in the United Kingdom was approximately 2.53 percent. Between 1980 and 2024, the figure dropped by around 14.32 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 0.53 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

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 Brazil decreased to 5.23 percent in July from 5.35 percent in June of 2025. This dataset provides - Brazil Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the average inflation rate in Taiwan amounted to approximately 2.18 percent. Between 1980 and 2024, the figure dropped by around 16.84 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 0.67 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

In 2024, the average inflation rate in Hong Kong amounted to about 1.73 percent. Between 1980 and 2024, the figure dropped by approximately 2.71 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the inflation will rise by around 0.77 percentage points, showing an overall upward trend with periodic ups and downs.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

In 2024, the average inflation rate in Sweden was approximately two percent. Between 1980 and 2024, the figure dropped by around 15.45 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation will exhibit significant fluctuations over the period from 2024 to 2030, but it will ultimately end at the same level it started.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

In 2024, the average inflation rate in Mexico stood at approximately 4.72 percent. Between 1980 and 2024, the figure dropped by around 21.75 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 1.72 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

The Consumer Price Index in Hong Kong decreased 0 percent in June of 2025 over the previous month. This dataset provides the latest reported value for - Hong Kong Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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 China decreased to 0 percent in July from 0.10 percent in June of 2025. This dataset provides - China Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the average inflation rate in Greece amounted to approximately three percent. Between 1980 and 2024, the figure dropped by around 21.87 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 0.98 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Historical chart and dataset showing Malaysia inflation rate by year from 1960 to 2024.

Inflation Rate in Thailand decreased to -0.70 percent in July from -0.25 percent in June of 2025. This dataset provides the latest reported value for - Thailand Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Italy: Inflation forecast: The latest value from 2030 is 2 percent, unchanged from 2 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Italy from 1980 to 2030 is 4.45 percent. The minimum value, -0.29 percent, was reached in 2020 while the maximum of 21.18 percent was recorded in 1980.

Graph and download economic data for Gross Domestic Product: Implicit Price Deflator (GDPDEF) from Q1 1947 to Q2 2025 about implicit price deflator, headline figure, GDP, inflation, and USA.

Inflation Rate in Taiwan increased to 1.54 percent in July from 1.37 percent in June 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.

Core consumer prices in Taiwan increased 1.70 percent in July of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Taiwan Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the average inflation rate in Hungary stood at approximately 3.71 percent. Between 1980 and 2024, the figure dropped by around 5.58 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 0.70 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.