Cost of food in Luxembourg increased 2.60 percent in July of 2025 over the same month in the previous year. This dataset provides - Luxembourg Food Inflation - 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.

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.

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.

Chile inflation rate for 2024 was 4.30%, a 3.28% decline from 2023.

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

<li>Chile inflation rate for 2023 was <strong>7.58%</strong>, a <strong>4.06% decline</strong> from 2022.</li>
<li>Chile inflation rate for 2022 was <strong>11.64%</strong>, a <strong>7.12% increase</strong> from 2021.</li>
<li>Chile inflation rate for 2021 was <strong>4.52%</strong>, a <strong>1.48% 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.

Cost of food in Rwanda increased 10.70 percent in June of 2025 over the same month in the previous year. This dataset provides - Rwanda Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Japan JP: Core Inflation Index: YoY: Single Hit Scenario data was reported at -0.050 % in 2021. This records an increase from the previous number of -0.119 % for 2020. Japan JP: Core Inflation Index: YoY: Single Hit Scenario data is updated yearly, averaging 1.689 % from Dec 1962 (Median) to 2021, with 60 observations. The data reached an all-time high of 20.621 % in 1974 and a record low of -1.104 % in 2010. Japan JP: Core Inflation Index: YoY: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.EO: Consumer and Wholesale Price Index: Forecast: OECD Member: Annual. PCORE_YTYPCT - Core inflationOECD group, all items non-food non-energy. See exceptions at the country's serie metadataData are seasonally adjusted by the OECD; OECD definition differs from the official Japanese core inflation.

Ireland IE: Harmonised Core Inflation Index: YoY: Double Hit Scenario data was reported at 0.700 % in Dec 2021. This records an increase from the previous number of 0.374 % for Sep 2021. Ireland IE: Harmonised Core Inflation Index: YoY: Double Hit Scenario data is updated quarterly, averaging 1.185 % from Mar 1996 (Median) to Dec 2021, with 104 observations. The data reached an all-time high of 5.858 % in Mar 2002 and a record low of -2.898 % in Mar 2010. Ireland IE: Harmonised Core Inflation Index: YoY: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Ireland – Table IE.OECD.EO: Consumer and Wholesale Price Index: Forecast: OECD Member: Quarterly. PCOREH_YTYPCT - Harmonised core inflationOverall index excluding energy, food, alcohol and tobacco Eurostat Harmonised indices of consumer prices:https://ec.europa.eu/eurostat/cache/metadata/en/prc_hicp_esms.htm

Inflation Rate in the United States increased to 2.70 percent in June from 2.40 percent in May of 2025. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in the United States declined significantly between June 2022 and June 2025, despite rising inflationary pressures towards the end of 2024. The peak inflation rate was recorded in June 2022, at *** percent. In August 2023, the Federal Reserve's interest rate hit its highest level during the observed period, at **** percent, and remained unchanged until September 2024, when the Federal Reserve implemented its first rate cut since September 2021. By January 2025, the rate dropped to **** percent, signalling a shift in monetary policy. What is the Federal Reserve interest rate? The Federal Reserve interest rate, or the federal funds rate, is the rate at which banks and credit unions lend to and borrow from each other. It is one of the Federal Reserve's key tools for maintaining strong employment rates, stable prices, and reasonable interest rates. The rate is determined by the Federal Reserve and adjusted eight times a year, though it can be changed through emergency meetings during times of crisis. The Fed doesn't directly control the interest rate but sets a target rate. It then uses open market operations to influence rates toward this target. Ways of measuring inflation Inflation is typically measured using several methods, with the most common being the Consumer Price Index (CPI). The CPI tracks the price of a fixed basket of goods and services over time, providing a measure of the price changes consumers face. At the end of 2023, the CPI in the United States was ****** percent, up from ****** a year earlier. A more business-focused measure is the producer price index (PPI), which represents the costs of firms.

news_headline,article_text,inflation_sentiment "Oil prices surge, analysts fear inflation spike","Global oil benchmarks hit record highs, prompting concerns about consumer prices.","negative" "Steady job growth, no inflation pressure seen","Latest labor report indicates healthy employment without significant wage inflation.","neutral" "Central bank hints at dovish stance, market reacts positively","Statements from the recent policy meeting suggest potential rate cuts soon.","positive"

The Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the Consumer Price Index (CPI). These nowcasts give a sense of where inflation is today. Released each business day.

Czech Republic CZ: Core Inflation Index: YoY: Single Hit Scenario data was reported at 1.862 % in 2021. This records a decrease from the previous number of 3.135 % for 2020. Czech Republic CZ: Core Inflation Index: YoY: Single Hit Scenario data is updated yearly, averaging 1.603 % from Dec 1996 (Median) to 2021, with 26 observations. The data reached an all-time high of 7.990 % in 1996 and a record low of -2.050 % in 2001. Czech Republic CZ: Core Inflation Index: YoY: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Czech Republic – Table CZ.OECD.EO: Consumer and Wholesale Price Index: Forecast: OECD Member: Annual. PCORE_YTYPCT - Core inflationOECD group, all items non-food non-energy. See exceptions at the country's serie metadataData are seasonally adjusted by the OECD; OECD calculation: All items non-food non-energy

Canada CA: Core Inflation Index: YoY: Double Hit Scenario data was reported at 0.891 % in 2021. This records a decrease from the previous number of 1.210 % for 2020. Canada CA: Core Inflation Index: YoY: Double Hit Scenario data is updated yearly, averaging 1.542 % from Dec 1993 (Median) to 2021, with 29 observations. The data reached an all-time high of 2.731 % in 2002 and a record low of 0.067 % in 1994. Canada CA: Core Inflation Index: YoY: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Canada – Table CA.OECD.EO: Consumer and Wholesale Price Index: Forecast: OECD Member: Annual. PCORE_YTYPCT - Core inflationOECD group, all items non-food non-energy. See exceptions at the country's serie metadataData are seasonally adjusted by the OECD; All-items excluding food and energy

Inflation Nowcasting Monthly Month-Over-Month is a part of the Inflation Nowcasting indicator of the Federal Reserve Bank of Cleveland.

The UK inflation rate was 3.6 percent in June 2025, up from 3.4 percent in the previous month, and the fastest rate of inflation since January 2024. Between September 2022 and March 2023, the UK experienced seven months of double-digit inflation, which peaked at 11.1 percent in October 2022. Due to this long period of high inflation, UK consumer prices have increased by over 20 percent in the last three years. As of the most recent month, prices were rising fastest in the communications sector, at 6.1 percent, but were falling in both the furniture and transport sectors, at -0.3 percent and -0.6 percent, respectively.
The Cost of Living Crisis High inflation is one of the main factors behind the ongoing Cost of Living Crisis in the UK, which, despite subsiding somewhat in 2024, is still impacting households going into 2025. In December 2024, for example, 56 percent of UK households reported their cost of living was increasing compared with the previous month, up from 45 percent in July, but far lower than at the height of the crisis in 2022. After global energy prices spiraled that year, the UK's energy price cap increased substantially. The cap, which limits what suppliers can charge consumers, reached 3,549 British pounds per year in October 2022, compared with 1,277 pounds a year earlier. Along with soaring food costs, high-energy bills have hit UK households hard, especially lower income ones that spend more of their earnings on housing costs. As a result of these factors, UK households experienced their biggest fall in living standards in decades in 2022/23. Global inflation crisis causes rapid surge in prices The UK's high inflation, and cost of living crisis in 2022 had its origins in the COVID-19 pandemic. Following the initial waves of the virus, global supply chains struggled to meet the renewed demand for goods and services. Food and energy prices, which were already high, increased further in 2022. Russia's invasion of Ukraine in February 2022 brought an end to the era of cheap gas flowing to European markets from Russia. The war also disrupted global food markets, as both Russia and Ukraine are major exporters of cereal crops. As a result of these factors, inflation surged across Europe and in other parts of the world, but typically declined in 2023, and approached more usual levels by 2024.

Graph and download economic data for Consumer Price Index for All Urban Consumers: All items in Denver-Aurora-Lakewood, CO (CBSA) (CUUSA433SA0) from 1984 to 2024 about Denver, CO, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

In case prices for goods and services go up significantly in 2023, over ** percent of consumers around the world said they would shop less in general and cut down on spending as a response. A fifth of survey respondents said they would look for and purchase cheaper and better value products. Less than **** percent of those surveyed worldwide believed inflation would be unlikely to impact their habits. What does inflation look like? The world entered a new inflation crisis in 2021, driven by a confluence of factors including the COVID-19 pandemic which restricted global supply chains, and the Russian-Ukraine war which exacerbated food and energy shortages. In 2022, global inflation hit **** percent, the highest annual increase in decades. The rate of inflation is estimated to remain high in the near future, at around *** percent in 2023 and *** percent in 2024. Inflation dominated the list of most important problems facing the world according to a survey conducted in October 2023 – leading ahead of poverty and social inequality, crime and violence, and unemployment. In a global consumer trends survey, the majority of respondents said that inflation impacted them completely or a lot – for instance, ***** in ** respondents in the United States admitted they had been seriously impacted. Inflation’s impact on the holidays The end-of-year holiday season is typically regarded as a period of increased retail spending, driven by a series of major shopping events such as Black Friday and Cyber Monday, as well as the public holidays Thanksgiving and Christmas. However, inflation has put a damper on the holiday cheer, with consumers expressing their intentions to cut back spending amid the cost-of-living crisis. In 2022, a significant share of consumers in Europe said they planned to cut at least some related expenses. In fact, ** percent of respondents in the United Kingdom planned to cut all expenses related to Black Friday and Christmas.

Inflation Rate in Luxembourg increased to 2.30 percent in July from 2.19 percent in June of 2025. This dataset provides - Luxembourg Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.