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Core consumer prices in the United States increased 2.80 percent in May 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 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.
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Inflation Rate in the United States increased to 2.40 percent in May from 2.30 percent in April 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 May 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.
Official statistics are produced impartially and free from political influence.
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Inflation Rate in Indonesia increased to 1.87 percent in June from 1.60 percent in May of 2025. This dataset provides - Indonesia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Italy was 1.71 percent. That number was released in . It shows no change from the inflation rate in the previous month when it stood at 1.71 percent. Compared to a year ago, we see an increase from the inflation...
The National Consumer Price Index gauges the price changes in a basket of goods and services representative of Mexican households' consumption. In May 2024, the inflation rate of Mexico compared to the same month of the previous year reached 4.69 percentage points. The expenditure category that experienced the largest year-on-year increase in prices was for other services, whose CPI grew 6.83 percent. Health and personal care ranked second, with an inflation rate of 5.15 percent.
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Inflation Rate in Switzerland increased to 0.10 percent in June from -0.10 percent in May of 2025. This dataset provides - Switzerland Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Official statistics are produced impartially and free from political influence.
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The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Albania was 2.39 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 2.24 percent. Compared to a year ago, we see an increase from the...
As the source explains, changes in the Consumer Price Index (CPI) measure the rate of inflation for a group of retail products and services related to household spending. Between June 2023 and June 2024, Education was the sector that experienced the largest price increase, with an inflation rate that totaled 6.93 percent. On the other hand, the inflation rate of communications stood at 1.03 percent in June 2024 compared to the same month of the previous year, the second lowest rate among all groups.
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Inflation Rate in Turkey decreased to 35.05 percent in June from 35.41 percent in May 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.
Official statistics are produced impartially and free from political influence.
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The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Ireland was 1.58 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 1.42 percent. Compared to a year ago, we see an increase from the...
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The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Germany was 2.01 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 2.09 percent. Compared to a year ago, we see a decrease from the inflation...
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The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Zambia was 14.07 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 15.31 percent. Compared to a year ago, we see a decrease from the...
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The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Pakistan was 3.24 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 3.46 percent. Compared to a year ago, we see a decrease from the...
The UK inflation rate was 3.4 percent in May 2025, down from 3.5 percent in the previous month, and the fastest rate of inflation since February 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.
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The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Slovakia was 4.56 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 4.34 percent. Compared to a year ago, we see an increase from the...
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Core consumer prices in the United States increased 2.80 percent in May 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.