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.

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.

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.

United States SCE: Probability of Different Inflation Outcomes: 3 Years Ahead: More Than 4% data was reported at 43.382 % in Apr 2025. This records an increase from the previous number of 41.978 % for Mar 2025. United States SCE: Probability of Different Inflation Outcomes: 3 Years Ahead: More Than 4% data is updated monthly, averaging 37.048 % from Jun 2013 (Median) to Apr 2025, with 143 observations. The data reached an all-time high of 52.087 % in Oct 2021 and a record low of 30.667 % in Sep 2019. United States SCE: Probability of Different Inflation Outcomes: 3 Years Ahead: More Than 4% data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.H078: Survey of Consumer Expectations: Inflation.

United States SCE: Distribution of 1 Year Ahead Expected Inflation Rate: More Than 4% data was reported at 48.150 % in Apr 2025. This records an increase from the previous number of 46.580 % for Mar 2025. United States SCE: Distribution of 1 Year Ahead Expected Inflation Rate: More Than 4% data is updated monthly, averaging 35.938 % from Jun 2013 (Median) to Apr 2025, with 143 observations. The data reached an all-time high of 72.821 % in Jun 2022 and a record low of 24.143 % in Oct 2019. United States SCE: Distribution of 1 Year Ahead Expected Inflation Rate: More Than 4% data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.H078: Survey of Consumer Expectations: Inflation.

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.

United States SCE: Distribution of 5 Year Ahead Expected Inflation Rate: More Than 4% data was reported at 34.514 % in Apr 2025. This records an increase from the previous number of 34.009 % for Mar 2025. United States SCE: Distribution of 5 Year Ahead Expected Inflation Rate: More Than 4% data is updated monthly, averaging 35.335 % from Jan 2022 (Median) to Apr 2025, with 40 observations. The data reached an all-time high of 42.724 % in Mar 2022 and a record low of 30.275 % in Aug 2022. United States SCE: Distribution of 5 Year Ahead Expected Inflation Rate: More Than 4% data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.H078: Survey of Consumer Expectations: Inflation.

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.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This statistic shows the average inflation rate in Indonesia from 1987 to 2024, with projections up until 2030. In 2024, the average inflation rate in Indonesia amounted to about 2.3 percent compared to the previous year. The global financial crisis and economic consequences The global economy underwent a drastic slump due to the global financial crisis in 2008, which caused a continued increase in the general level of prices of goods and services; the highest recorded global inflation of the past decade took place in 2008, when the global inflation rate increased by more than 6.4 percent in comparison with the previous year. As for Indonesia, the country's inflation rate amounted to around 9.8 percent in comparison to the previous year. The financial crisis also impacted the global unemployment rate. In 2009, the global unemployment rate jumped to around 6.2 percent, and it is not expected to recover to pre-crisis levels anytime soon. The financial crisis impact on the Indonesian economy was slightly more severe: In 2008, the unemployment rate in Indonesia was around 8.4 percent, much higher than the global unemployment rate for the same year. It has, however, now decreased significantly, even though it is still not below the global level, the country itself has reached lower levels than before the crisis. After the financial crisis, the Indonesian government implemented several economic reforms and increased exports in order to strengthen the economy. In 2011, Indonesia exported goods with a value of more than 200 billion U.S. dollars. The main export partners of Indonesia are Japan, China and Singapore. As a result of increased exports, the Indonesian economy was able to grow, making Indonesia one of the twenty nations in the world with the largest gross domestic product in 2015.

United States SCE: Probability of Different Inflation Outcomes: 1 Year Ahead: More Than 4% data was reported at 47.179 % in Apr 2025. This records an increase from the previous number of 46.476 % for Mar 2025. United States SCE: Probability of Different Inflation Outcomes: 1 Year Ahead: More Than 4% data is updated monthly, averaging 38.917 % from Jun 2013 (Median) to Apr 2025, with 143 observations. The data reached an all-time high of 68.466 % in May 2022 and a record low of 29.330 % in Nov 2019. United States SCE: Probability of Different Inflation Outcomes: 1 Year Ahead: More Than 4% data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.H078: Survey of Consumer Expectations: Inflation.

Inflation rates for the lowest income households were almost always higher than for the highest income households between 2005 and 2021. The biggest difference was seen in December 2008, when the lowest income households experienced inflation rates 0.8 percent greater than the highest income households. In 2021, the difference in the inflation rate experienced by the lowest income households and the highest income households fell considerably, reaching -0.52 percent in July 2021, meaning that inflation was 0.52 percent higher for the highest earners versus the lowest earners.

The Consumer Price Index The consumer price index (CPI) measures the rate of inflation on a basket of goods as a way to document the general inflationary experience of all urban consumers. While this measure of inflation can give us insights into the general price increases of consumer goods, it may not reflect the actual inflation experienced by any given household. Consumers from different income brackets actually behave quite differently when it comes to consumption preferences and their willingness to pay.

Inflation in 2022 2022 was an exceptional year for inflation worldwide due to a multitude of factors relating to the COVID-19 pandemic and the Russian invasion of Ukraine. The inflation rate in the United States reached a high of 9.1 percent during the summer, with consumers experiencing record fuel prices, and increased concerns over the state of the economy. Despite the 2021 figures indicating that inflation has been higher for the highest earners, the pandemic saw U.S. billionaires increase their wealth by 57 percent between March 2020 and March 2022.

Inflation Rate in India decreased to 2.82 percent in May from 3.16 percent in April of 2025. This dataset provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 .

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 Turkey decreased to 35.41 percent in May from 37.86 percent in April 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.

Inflation Rate in Iran increased to 38.90 percent in April from 37.10 percent in March of 2025. This dataset provides the latest reported value for - Iran Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Food at Home in U.S. City Average (CUSR0000SAF11) from Jan 1952 to May 2025 about urban, food, consumer, CPI, housing, inflation, price index, indexes, price, and USA.

In March 2025, inflation amounted to 2.4 percent, while wages grew by 4.3 percent. The inflation rate has not exceeded the rate of wage growth since January 2023. Inflation in 2022 The high rates of inflation in 2022 meant that the real terms value of American wages took a hit. Many Americans report feelings of concern over the economy and a worsening of their financial situation. The inflation situation in the United States is one that was experienced globally in 2022, mainly due to COVID-19 related supply chain constraints and disruption due to the Russian invasion of Ukraine. The monthly inflation rate for the U.S. reached a 40-year high in June 2022 at 9.1 percent, and annual inflation for 2022 reached eight percent. Without appropriate wage increases, Americans will continue to see a decline in their purchasing power. Wages in the U.S. Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.

United States SCE: Probability of Different Inflation Outcomes: 5 Years Ahead: More Than 4% data was reported at 37.322 % in Apr 2025. This records an increase from the previous number of 36.847 % for Mar 2025. United States SCE: Probability of Different Inflation Outcomes: 5 Years Ahead: More Than 4% data is updated monthly, averaging 36.766 % from Jan 2022 (Median) to Apr 2025, with 40 observations. The data reached an all-time high of 43.285 % in Mar 2022 and a record low of 32.936 % in Dec 2023. United States SCE: Probability of Different Inflation Outcomes: 5 Years Ahead: More Than 4% data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.H078: Survey of Consumer Expectations: Inflation.