The inflation rate in the United States is expected to decrease to 2.1 percent by 2029. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages. The base period was 1982-84. In economics, the inflation rate is a measurement of inflation, the rate of increase of a price index (in this case: consumer price index). It is the percentage rate of change in prices level over time. The rate of decrease in the purchasing power of money is approximately equal. According to the forecast, prices will increase by 2.9 percent in 2024. The annual inflation rate for previous years can be found here and the consumer price index for all urban consumers here. The monthly inflation rate for the United States can also be accessed here. Inflation in the U.S.Inflation is a term used to describe a general rise in the price of goods and services in an economy over a given period of time. Inflation in the United States is calculated using the consumer price index (CPI). The consumer price index is a measure of change in the price level of a preselected market basket of consumer goods and services purchased by households. This forecast of U.S. inflation was prepared by the International Monetary Fund. They project that inflation will stay higher than average throughout 2023, followed by a decrease to around roughly two percent annual rise in the general level of prices until 2028. Considering the annual inflation rate in the United States in 2021, a two percent inflation rate is a very moderate projection. The 2022 spike in inflation in the United States and worldwide is due to a variety of factors that have put constraints on various aspects of the economy. These factors include COVID-19 pandemic spending and supply-chain constraints, disruptions due to the war in Ukraine, and pandemic related changes in the labor force. Although the moderate inflation of prices between two and three percent is considered normal in a modern economy, countries’ central banks try to prevent severe inflation and deflation to keep the growth of prices to a minimum. Severe inflation is considered dangerous to a country’s economy because it can rapidly diminish the population’s purchasing power and thus damage the GDP .

We report average expected inflation rates over the next one through 30 years. Our estimates of expected inflation rates are calculated using a Federal Reserve Bank of Cleveland model that combines financial data and survey-based measures. Released monthly.

Graph and download economic data for 10-Year Expected Inflation (EXPINF10YR) from Jan 1982 to May 2025 about projection, 10-year, inflation, and USA.

Inflation Expectations in the United States decreased to 3.20 percent in May from 3.60 percent in April of 2025. This dataset provides - United States Consumer Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Graph and download economic data for 5-Year Expected Inflation (EXPINF5YR) from Jan 1982 to Jun 2025 about projection, 5-year, inflation, and USA.

In 2024, the average inflation rate in Vietnam amounted to 3.62 percent compared to the previous year. After a severe drop below one percent in 2015, Vietnam’s inflation seems to have stabilized again and is expected to level off at around 3.4 percent in the next few years. Vietnam’s economic struggles Around 2012, Vietnam suffered the consequences of the global economic crisis and domestic economic mismanagement, which saw enterprises going bankrupt, inflation peaking at over nine percent, and gross domestic product slumping to a dramatic low. Fortunately, the country recovered quickly and seemed out of the red and on a stable path by 2016. Rich in riceVietnam’s economy is largely rooted in services and industry, but around 16 percent of it is generated by agriculture, mainly rice cultivation. Almost half of the Vietnamese workforce is active in this sector. Vietnam is, in fact, one of the largest exporters of rice in the world, but also one of the main consumers. Paddy production in Vietnam has decreased a bit in the last few years, but overall, the country’s economy is perceived to improving.

CSI: Expected Inflation: Next Yr: Don’t Know data was reported at 1.000 % in May 2018. This records an increase from the previous number of 0.000 % for Apr 2018. CSI: Expected Inflation: Next Yr: Don’t Know data is updated monthly, averaging 1.000 % from Jan 1978 (Median) to May 2018, with 485 observations. The data reached an all-time high of 3.000 % in Oct 2002 and a record low of 0.000 % in Apr 2018. CSI: Expected Inflation: Next Yr: Don’t Know data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H030: Consumer Sentiment Index: Unemployment, Interest Rates, Prices and Government Expectations. The questions were: 'During the next 12 months, do you think that prices in general will go up, or go down, or stay where they are now?' and 'By what percent do you expect prices to go up, on the average, during the next 12 months?'

The statistic depicts the average inflation rate in Mexico from 1987 to 2024, with projections up until 2030. The inflation rate measures price changes for a fixed basket of goods which includes a representative selection of goods and services. In 2024, Mexico's average inflation rate was around 4.72 percent compared to the previous year. Mexico’s economy Mexico’s gross domestic product (GDP) has been increasing slightly over the last decade, however, its national debt still amounts to almost half of its GDP. The majority of Mexico’s GDP is yielded by the services sector, as a look at the distribution of gross domestic product in Mexico by sector shows. More than 60 percent of GDP are generated in this sector; the majority of the Mexican workforce is employed in services. One important contributor to Mexico’s GDP is tourism. The total unemployment rate in Mexico took a turn for the worse during the recession of 2008 and is still to bounce back to previous levels. Mexico’s main export and import partner is the United States which accounts for approximately half of the value of both. Thus, the trade balance of goods in Mexico, showing the value of exports minus the value of imports, is heavily dependant on the United States. For the past decade, Mexico’s trade balance has run at a deficit of more than 10 billion US dollars. The trade balance of services sector in Mexico has also been in the red with a deficit of more than 6 percent since the recession and higher than 9 percent since 2011. Mexico is also one of the largest drug exporting countries worldwide. Specific trade figures are not available, however, Mexico is among the top countries for opium cultivation based on acreage, and thousands of illegal poppy fields, processed into opium, have been destroyed in Mexico year after year.

Inflation Rate in Canada remained unchanged at 1.70 percent in May. This dataset provides - Canada Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for 3-Year Expected Inflation (EXPINF3YR) from Jan 1982 to Jun 2025 about 3-year, projection, inflation, and USA.

Inflation Rate in Iceland increased to 4.20 percent in June from 3.80 percent in May of 2025. This dataset provides - Iceland Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Jordan increased to 1.98 percent in May from 1.83 percent in April of 2025. This dataset provides the latest reported value for - Jordan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

Inflation Rate in Norway increased to 3 percent in May from 2.50 percent in April of 2025. This dataset provides - Norway Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

According to a survey conducted in South Korea in January 2025, the expected inflation rate of consumer prices for the coming year was 2.9 percent. Inflation expectations have shown a declining trend over the past several months.

This entry contains four datasets relating to consumer price inflation (CPI) in African countries. * 1) Inflation Data for Africa (Sources) * A list of international and national statistical agencies that publish CPI data for African countries. * 2) Inflation Data for African Countries, monthly showing year-on-year % change * This dataset contains headline CPI and COICOP indicators for annual changes. * 3) Inflation Data for African Countries, monthly, showing month-on-month % change * This dataset contains headline CPI and COICOP indicators for monthly changes. * 4) Reshaped inflation Data for African Countries, monthly showing year-on-year % change * This data is identical to dataset 2), but reshaped for use in Africa Data Hub's Africa Observer tool

The Federal Reserve Bank of Cleveland estimates the expected rate of inflation over the next 30 years along with the inflation risk premium, the real risk premium, and the real interest rate.

Their estimates are calculated with a model that uses Treasury yields, inflation data, inflation swaps, and survey-based measures of inflation expectations.

For more information, please visit the "https://www.clevelandfed.org/indicators-and-data/inflation-expectations#background">Federal Reserve Bank of Cleveland.

CSI: Expected Inflation: Next 5 Yrs data was reported at 2.400 % in Jul 2018. This records a decrease from the previous number of 2.600 % for Jun 2018. CSI: Expected Inflation: Next 5 Yrs data is updated monthly, averaging 2.900 % from Feb 1979 (Median) to Jul 2018, with 382 observations. The data reached an all-time high of 9.700 % in Feb 1980 and a record low of 2.300 % in Dec 2016. CSI: Expected Inflation: Next 5 Yrs data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H030: Consumer Sentiment Index: Unemployment, Interest Rates, Prices and Government Expectations. The questions were: 'What about the outlook for prices over the next 5 to 10 years? Do you think prices will be higher, to go up, on the average, during the next 12 months?' and 'By about what percent per year do you expect prices to go up or down, on the average, during the next 5 to 10 years?'

CSI: Expected Inflation: Next Yr: Up by 6-9% data was reported at 3.000 % in May 2018. This stayed constant from the previous number of 3.000 % for Apr 2018. CSI: Expected Inflation: Next Yr: Up by 6-9% data is updated monthly, averaging 5.000 % from Jan 1978 (Median) to May 2018, with 485 observations. The data reached an all-time high of 26.000 % in Apr 1978 and a record low of 1.000 % in Sep 2010. CSI: Expected Inflation: Next Yr: Up by 6-9% data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H030: Consumer Sentiment Index: Unemployment, Interest Rates, Prices and Government Expectations. The questions were: 'During the next 12 months, do you think that prices in general will go up, or go down, or stay where they are now?' and 'By what percent do you expect prices to go up, on the average, during the next 12 months?'