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.

In December 2024, the chained consumer price index (CPI) in the United States increased 2.9 percent since December 2023. This 12 month percent change is a strong indicator of the nation's current inflation. The annual inflation rate based on current dollar value can be accessed here.

The Consumer Price Index in Denmark increased 0.10 percent in May of 2025 over the previous month. This dataset provides - Denmark Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

inflation rate for 2022 was 6.68%, a 4.2% increase from 2021.

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

<li> inflation rate for 2021 was <strong>2.48%</strong>, a <strong>2.09% increase</strong> from 2020.</li>
<li> inflation rate for 2020 was <strong>0.39%</strong>, a <strong>1.02% decline</strong> from 2019.</li>
<li> inflation rate for 2019 was <strong>1.41%</strong>, a <strong>1.49% decline</strong> from 2018.</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.

The Consumer Price Index in Laos increased 0.53 percent in May of 2025 over the previous month. This dataset provides - Laos Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation rates rose all around the world in 2022, so also in the G7 countries, where inflation rates varied from 2.5 percent in Japan to over 8 percent in Italy. Inflation rates increased sharply all around the world through 2022, spurred by Russia's invasion of Ukraine in February that year. Especially gas and electricity were hit by price increases following the outbreak of the Russia-Ukraine war. Inflation rates were falling in all G7 economies in 2024.

India inflation rate for 2024 was 4.95%, a 0.7% decline from 2023.

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

<li>India inflation rate for 2023 was <strong>5.65%</strong>, a <strong>1.05% decline</strong> from 2022.</li>
<li>India inflation rate for 2022 was <strong>6.70%</strong>, a <strong>1.57% increase</strong> from 2021.</li>
<li>India inflation rate for 2021 was <strong>5.13%</strong>, a <strong>1.49% decline</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.

The inflation rate for both Africa, the Middle East, and Latin America and the Caribbean reached more than 12 percent in 2023. Among the provided continents or regions, Asia and the Pacific had the lowest inflation rate that year. Consumer prices increased around the world following the COVID-19 pandemic and the Russian invasion of Ukraine. Inflation and food security Increases in food costs are one of the most prominent impacts of inflation globally. In the United Kingdom, for example, consumers have indicated that they have worried more about food costs in 2023 than in previous years. Meanwhile, in Canada, only a small fraction of survey respondents have said that inflation has had little impact on household food costs. Consumers have responded to rising food costs through various coping mechanisms. For example, Italian consumers have indicated that they purchase less unnecessary products, cut down on waste, and buy more discounted items in order to save costs. Changing consumer behvaiors Outside of food consumption, consumers have changed their purchasing behaviors with other types of goods and services. Surveying has indicated that nearly 60 percent of consumers have adjusted their shopping habits due to inflation. When holiday shopping in 2023, over 50 percent of Americans and over one third of British consumers said inflation had considerable impact on their holiday shopping. By generation, the Millenial generation has suffered the most due to rising inflation, while older generations have experienced less serious impacts.

China inflation rate for 2024 was 0.22%, a 0.02% decline from 2023.

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

<li>China inflation rate for 2023 was <strong>0.23%</strong>, a <strong>1.74% decline</strong> from 2022.</li>
<li>China inflation rate for 2022 was <strong>1.97%</strong>, a <strong>0.99% increase</strong> from 2021.</li>
<li>China inflation rate for 2021 was <strong>0.98%</strong>, a <strong>1.44% decline</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.

Since 2000, China has generally had the most stable inflation rate of the BRICS bloc, with annual change fluctuating between negative one and six percent. In contrast, Russia's inflation rates reached the highest levels in the past two decades, particularly in the early 2000s, during the financial crisis of 2008, and after 2014 when its economy was affected by the drop in international oil prices and the sanctions imposed for the annexation of Crimea.

U.S. inflation rate for 2023 was 4.13%, a 3.88% decline from 2022.

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

<li>U.S. inflation rate for 2022 was <strong>8.00%</strong>, a <strong>3.3% increase</strong> from 2021.</li>
<li>U.S. inflation rate for 2021 was <strong>4.70%</strong>, a <strong>3.46% increase</strong> from 2020.</li>
<li>U.S. inflation rate for 2020 was <strong>1.23%</strong>, a <strong>0.58% decline</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.

The Consumer Price Index in Aruba increased 0.40 percent in April of 2025 over the previous month. This dataset provides - Aruba Inflation Rate MoM- 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.

Norway inflation rate for 2024 was 3.15%, a 2.37% decline from 2023.

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

<li>Norway inflation rate for 2023 was <strong>5.52%</strong>, a <strong>0.25% decline</strong> from 2022.</li>
<li>Norway inflation rate for 2022 was <strong>5.76%</strong>, a <strong>2.28% increase</strong> from 2021.</li>
<li>Norway inflation rate for 2021 was <strong>3.48%</strong>, a <strong>2.2% 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.

Il tasso di inflazione in Arabia Saudita è diminuito al 2,20 percento a maggio rispetto al 2,30 percento di aprile 2025. Questa pagina fornisce - Tasso di inflazione dell'Arabia Saudita - valori attuali, dati storici, previsioni, grafico, statistiche, calendario economico e notizie.

Japan inflation rate for 2024 was 2.74%, a 0.53% decline from 2023.

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

<li>Japan inflation rate for 2023 was <strong>3.27%</strong>, a <strong>0.77% increase</strong> from 2022.</li>
<li>Japan inflation rate for 2022 was <strong>2.50%</strong>, a <strong>2.73% increase</strong> from 2021.</li>
<li>Japan inflation rate for 2021 was <strong>-0.23%</strong>, a <strong>0.21% decline</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.

The inflation rate in the health sector of the United Kingdom was five percent in the first quarter of 2025, which was above the overall inflation rate for that quarter.

France inflation rate for 2024 was 2.00%, a 2.88% decline from 2023.

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

<li>France inflation rate for 2023 was <strong>4.88%</strong>, a <strong>0.34% decline</strong> from 2022.</li>
<li>France inflation rate for 2022 was <strong>5.22%</strong>, a <strong>3.58% increase</strong> from 2021.</li>
<li>France inflation rate for 2021 was <strong>1.64%</strong>, a <strong>1.17% 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.

Pakistan inflation rate for 2024 was 12.63%, a 18.14% decline from 2023.

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

<li>Pakistan inflation rate for 2023 was <strong>30.77%</strong>, a <strong>10.89% increase</strong> from 2022.</li>
<li>Pakistan inflation rate for 2022 was <strong>19.87%</strong>, a <strong>10.38% increase</strong> from 2021.</li>
<li>Pakistan inflation rate for 2021 was <strong>9.50%</strong>, a <strong>0.24% decline</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.

Graph and download economic data for Consumer Price Inflation for Kazakhstan (KAZPCPIPCHPT) from 2000 to 2025 about Kazakhstan, consumer prices, REO, consumer, inflation, and rate.