During the financial year 2023, the cost inflation index (CII) in India stood at 348. This was an increase from the previous year's figure of 331. The CII is used to compute an asset's inflation-adjusted cost price. It is used to assess the inflation value of assets like land, houses, jewelry etc.

Netherlands Consumer Price Index (CPI): Consumption: TG: Taxes: Road Tax data was reported at 100.100 2000=100 in Dec 2006. This stayed constant from the previous number of 100.100 2000=100 for Nov 2006. Netherlands Consumer Price Index (CPI): Consumption: TG: Taxes: Road Tax data is updated monthly, averaging 97.400 2000=100 from Jan 2000 (Median) to Dec 2006, with 84 observations. The data reached an all-time high of 100.100 2000=100 in Dec 2006 and a record low of 91.100 2000=100 in Mar 2002. Netherlands Consumer Price Index (CPI): Consumption: TG: Taxes: Road Tax data remains active status in CEIC and is reported by Statistics Netherlands. The data is categorized under Global Database’s Netherlands – Table NL.I007: Consumer Price Index: 2000=100.

Graph and download economic data for Total Revenue for Traveler Accommodation, Establishments Subject to Federal Income Tax (REV7211TAXABL144QNSA) from Q3 2012 to Q4 2024 about travel, revenue, establishments, tax, federal, services, CPI, income, price index, indexes, price, and USA.

Canada Consumer Price Index (CPI): sa: Core data was reported at 158.100 2002=100 in Feb 2025. This records an increase from the previous number of 157.400 2002=100 for Jan 2025. Canada Consumer Price Index (CPI): sa: Core data is updated monthly, averaging 103.900 2002=100 from Jan 1984 (Median) to Feb 2025, with 494 observations. The data reached an all-time high of 158.100 2002=100 in Feb 2025 and a record low of 61.700 2002=100 in Jan 1984. Canada Consumer Price Index (CPI): sa: Core data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I009: Core Inflation Index. All-items excluding eight of the most volatile components as defined by the Bank of Canada and excluding the effect of changes in indirect taxes.

According to latest figures published by the National Bureau of Statistics of China, the average annual inflation rate in China ranged at around 0.2 percent in 2024 compared to the previous year. This was lower than formerly expected by the IMF. For 2025, projections by the IMF published in October 2024 expected the inflation rate to reach around 1.7 percent. The monthly inflation rate in China dropped to negative values in the second half of 2023 and remained comparatively low in 2024. Calculation of inflation The inflation rate is calculated based on the Consumer Price Index (CPI) for China. The CPI is computed using a product basket that contains a predefined range of products and services on which the average consumer spends money throughout the year. Included are expenses for groceries, clothes, rent, power, telecommunications, recreational activities, and raw materials (e.g. gas, oil), as well as federal fees and taxes. The product basked is adjusted every five years to reflect changes in consumer preference and has been updated in 2020 for the last time. The inflation rate is then calculated using changes in the CPI. As the inflation of a country is seen as a key economic indicator, it is frequently used for international comparison. China's inflation in comparison Among the main industrialized and emerging economies worldwide, China displayed comparatively low inflation in 2023 and 2024. In previous years, China's inflation ranged marginally above the inflation rates of established industrialized powerhouses such as the United States or the European Union. However, this changed in 2021, as inflation rates in developed countries rose quickly, while prices in China only increased moderately. According to IMF estimates for 2024, Zimbabwe was expected to be the country with the highest inflation rate, with a consumer price increase of about 561 percent compared to 2023. In 2023, Turkmenistan had the lowest price increase worldwide with prices actually decreasing by about 1.7 percent.

Income tax revenue in the United States amounted to 2.18 trillion U.S. dollars in 2023, which was about 8.1 percent of the U.S. GDP. The forecast predicts an increase in income tax revenue up to 3.97 trillion U.S. dollars in 2034, which would be about 9.3 percent of the projected U.S. GDP. The annual inflation rate in the U.S. since 1990 can be accessed here.

Graph and download economic data for Producer Price Index by Commodity: Professional Services (Partial): Tax Preparation and Planning (WPU452102) from Apr 2009 to Feb 2025 about professional, tax, services, commodities, PPI, inflation, price index, indexes, price, and USA.

The statistic shows the inflation rate in India from 1987 to 2023, with projections up until 2029. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2023, the inflation rate in India was around 5.36 percent compared to the previous year. See figures on India's economic growth for additional information. India's inflation rate and economy Inflation is generally defined as the increase of prices of goods and services over a certain period of time, as opposed to deflation, which describes a decrease of these prices. Inflation is a significant economic indicator for a country. The inflation rate is the rate at which the general rise in the level of prices, goods and services in an economy occurs and how it affects the cost of living of those living in a particular country. It influences the interest rates paid on savings and mortgage rates but also has a bearing on levels of state pensions and benefits received. A 4 percent increase in the rate of inflation in 2011 for example would mean an individual would need to spend 4 percent more on the goods he was purchasing than he would have done in 2010. India’s inflation rate has been on the rise over the last decade. However, it has been decreasing slightly since 2010. India’s economy, however, has been doing quite well, with its GDP increasing steadily for years, and its national debt decreasing. The budget balance in relation to GDP is not looking too good, with the state deficit amounting to more than 9 percent of GDP.

The Department Store Inventory Price Index is an inventory weighted price index of goods carried by department stores, designed for use in preparing income tax returns by department stores. Group indexes are used by stores employing the Last-In-First-Out (LIFO) Method of Accounting in conjunction with the Retail Inventory method. Treasury Decision No. 5605 (March 4, 1948) expressly permits, in accordance with certain principles laid down in the decision, the use of the Elective Inventory Method by Taxpayers employing the Retail Inventory Method. The Bureau of Labor Statistics (BLS) is responsible for the technical accuracy of the index, but permission to use this index and the way in which it is used in tax returns is solely within the jurisdiction of the Internal Revenue Service.

Graph and download economic data for Producer Price Index by Industry: Offices of Lawyers: Tax Legal Services (PCU541110541110901) from Dec 2014 to Feb 2025 about legal, tax, services, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Other Accounting Services: Other Accounting Services (Non-CPA Firms) (PCU5412195412191) from Dec 2003 to Feb 2025 about accounting, services, PPI, industry, inflation, price index, indexes, price, and USA.

Czech Republic Consumer Price Index (CPI): YoY: Changes to Indirect Taxes: Contribution to Consumer Price Inflation data was reported at 0.294 % in Feb 2025. This records an increase from the previous number of 0.212 % for Jan 2025. Czech Republic Consumer Price Index (CPI): YoY: Changes to Indirect Taxes: Contribution to Consumer Price Inflation data is updated monthly, averaging 0.139 % from Jan 2007 (Median) to Feb 2025, with 218 observations. The data reached an all-time high of 2.220 % in May 2008 and a record low of -1.004 % in Dec 2021. Czech Republic Consumer Price Index (CPI): YoY: Changes to Indirect Taxes: Contribution to Consumer Price Inflation data remains active status in CEIC and is reported by Czech National Bank. The data is categorized under Global Database’s Czech Republic – Table CZ.I018: Consumer Price Index: Year on Year Growth.

Norway Consumer Price Index (CPI): YoY: Tax Changes Adjustment: excl Temporary Changes in Energy Prices data was reported at 2.000 % in Oct 2018. This records a decrease from the previous number of 2.200 % for Sep 2018. Norway Consumer Price Index (CPI): YoY: Tax Changes Adjustment: excl Temporary Changes in Energy Prices data is updated monthly, averaging 1.700 % from Jan 2002 (Median) to Oct 2018, with 202 observations. The data reached an all-time high of 3.700 % in Sep 2008 and a record low of 0.400 % in Feb 2004. Norway Consumer Price Index (CPI): YoY: Tax Changes Adjustment: excl Temporary Changes in Energy Prices data remains active status in CEIC and is reported by Norges Bank. The data is categorized under Global Database’s Norway – Table NO.I012: Consumer Price Index: Tax Changes Adjustment: Percentage Change.

Iceland CBI Forecast: Consumer Price Index (CPI): YoY: Excl Indirect Tax data was reported at 2.800 % in 2020. This records an increase from the previous number of 2.600 % for 2019. Iceland CBI Forecast: Consumer Price Index (CPI): YoY: Excl Indirect Tax data is updated yearly, averaging 2.500 % from Dec 2016 (Median) to 2020, with 5 observations. The data reached an all-time high of 2.800 % in 2020 and a record low of 1.500 % in 2017. Iceland CBI Forecast: Consumer Price Index (CPI): YoY: Excl Indirect Tax data remains active status in CEIC and is reported by Central Bank of Iceland . The data is categorized under Global Database’s Iceland – Table IS.I010: Consumer Price Index: Forecast: Central Bank of Iceland.

This table contains 11 series, with data from 1949 (not all combinations necessarily have data for all years). Data are presented for the current month and previous four months. Users can select other time periods that are of interest to them.

The data includes the following information for various tax credits and benefits: * maximum amounts * income ranges * phase-out rates Each year the maximum amounts and income ranges for certain credits and benefits are adjusted for inflation. You can download the dataset to view these adjustments.

This table contains statistics that describe the duration of low income spells experienced by Canadian taxfilers in an eight-year period. A low income spell refers to a period in which a person stays in low income. It can last one year or several years consecutively. The length of the spell is referred to as its duration and is measured in years. The low income measure (LIM) is used to identify low income taxfilers. The LIM threshold is calculated as half of the median of the adjusted family after-tax income of all taxfilers and their family members. This table uses two different types of LIM: the variable LIM is based on the median total income re-calculated each year, while the fixed LIM is based on the median total income in 2002 adjusted yearly by the all-items Consumer Price Index.

This table includes figures on the price developments of a package of goods and services purchased by consumers in the Netherlands. The figures are consistent with European directives also known as the harmonised consumer price index (HICP). In all member states of the European Union (EU), these indices are compiled in a similar manner to facilitate comparison between the various EU countries.

This table also contains the HICP at constant taxes: this price index excludes the effect of changes in the rates of product-related taxes (e.g. VAT and excise duty on alcohol and tobacco).

The table also includes the month-on-month and year-on-year changes of the HICP. The year-on-year change of total consumer expenditure is known as inflation. The figures are shown for 327 product groups in 2025. Furthermore, 34 combinations of product groups (special aggregates) are displayed. The weighting coefficient shows how much consumers in the Netherlands spend on each product group in relation to their total expenditure. The total weighting is 100,000.

HICP figures are published every month. In addition, an annual figure is published at the end of the year. The HICP of a calendar year is calculated as the average of the indices of the twelve months of that year.

Data available from: January 1996.

Status of the figures: Figures of the flash estimate are published at the end of a reporting month, or shortly thereafter. At the flash estimate, figures are made available for the all items category and for a selection of special aggregates. These figures are calculated on the basis of still incomplete source data. The results of the flash estimate are characterized as provisional.

In most cases, the figures are final in the second publication of the same reporting month. Differences between the provisional and final indices are caused by source material that has become available after the flash estimate. The results of the HICP are only marked as provisional in the second publication if it is already known at the time of publication that data are still incomplete, a revision is expected in a later month, or in special circumstances such as the corona crisis. In that case, the figures become final one month later.

Changes compared with previous version: Data on the most recent period have been added and/or adjustments have been implemented.

Changes as of 13 February 2025: Starting in the reporting month of January 2025, price changes will be published for expenditure categories 053290 Other small electric household appliances and 103000 Post-secondary non-tertiary education. The base period for this new index series is December 2024. This means that the index level of 100 is the price level measured in December 2024.

Changes as of 8 February 2024: Starting in the reporting month of January 2024, a price change will be published for expenditure category 063000 Hospital Services. The base period for this new index series is December 2023. This means that the index level of 100 is the price level measured in December 2023. Previously, between 2000 and 2009, an index was published for the same expenditure category. The base year for that index series was 2005=100. It was discontinued after December 2009. The current series starts again from 100 in December 2023.

When will new figures be published? The figures of the flash estimate are published on the last working day of the month to which the figures relate, or shortly thereafter.

Final figures will usually be published between the first and second Thursday of the month following on the reporting month.

All CPI and HICP publications are announced on the publication calendar.

The statistic shows the inflation rate in the Netherlands from 1987 to 2023, with projections up until 2029. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2023, the average inflation rate in the Netherlands was about 4.12 percent compared to the previous year.

Economy of the Netherlands

The Netherlands has an open economy, which implies that the country is highly dependent on foreign activities, such as imports and exports. The country’s economic policies and regulations have allowed for the country to highly benefit from strong international relations, however have increased the chances of economic struggles that correspond with the economic situations in other countries as well. The Netherlands is one of the main countries for foreign direct investments in Europe due to its strategic location, superior technological infrastructure as well as international business environment, a reputation that has all but grown more formidable over the years. Additionally, the country’s tourism industry makes up a rather large part of its GDP.

Despite feeling the effects of the global financial crisis of 2008 as well as the Eurozone crisis, many aspects of the Dutch economy are highly prosperous, most notably with its low inflation rates. Unemployment within the country, in spite of a slight increase over the past several years, has remained relatively low in comparison many other European countries that were equally as affected by recession.

Netherlands Consumer Price Index (CPI): Weights: Consumption Related Taxes data was reported at 2,059.000 Per MN in 2018. This records a decrease from the previous number of 2,085.000 Per MN for 2017. Netherlands Consumer Price Index (CPI): Weights: Consumption Related Taxes data is updated yearly, averaging 2,015.000 Per MN from Jan 1996 (Median) to 2018, with 23 observations. The data reached an all-time high of 2,381.000 Per MN in 1999 and a record low of 1,774.000 Per MN in 2007. Netherlands Consumer Price Index (CPI): Weights: Consumption Related Taxes data remains active status in CEIC and is reported by Statistics Netherlands. The data is categorized under Global Database’s Netherlands – Table NL.I009: Consumer Price Index: Weights.