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 .

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 Euro Area remained unchanged at 2 percent in July. This dataset provides the latest reported value for - Euro Area 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 the United States remained unchanged at 2.70 percent in July. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, Zambia had the highest estimated inflation (Consumer Price Index) recorded in Southern Africa, at 15 percent. Lesotho and Zimbabwe followed with 6.4 and six percent, respectively.

Core consumer prices in the United States increased 3.10 percent in July 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.

Expected Inflation Term Structure is a part of the Inflation Expectations indicator of the Federal Reserve Bank of Cleveland.

CBJ Forecast: Inflation data was reported at 2.520 % in 2022. This records an increase from the previous number of 2.500 % for 2021. CBJ Forecast: Inflation data is updated yearly, averaging 2.470 % from Dec 2016 (Median) to 2022, with 7 observations. The data reached an all-time high of 3.300 % in 2017 and a record low of -0.800 % in 2016. CBJ Forecast: Inflation data remains active status in CEIC and is reported by Central Bank of Jordan. The data is categorized under Global Database’s Jordan – Table JO.I009: Inflation: Forecast: Bank of Jordan.

Inflation Rate in European Union increased to 2.40 percent in July from 2.30 percent in June of 2025. This dataset provides the latest reported value for - European Union 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 Romania increased to 7.84 percent in July from 5.66 percent in June of 2025. This dataset provides - Romania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows the inflation rate in the European Union and the Euro area from 2019 to 2022, with projections up until 2029. The term inflation, also known as currency devaluation (drop in the value of money), is characterized by a steady rise in prices for finished products (consumer goods, capital goods). The consumer price index tracks price trends of private consumption expenditure, and shows an increase in the index's current level of inflation. In 2022, the inflation rate in the EU was about 9.32 percent compared to the previous year. The economic situation in the European Union and the euro area The ongoing Eurozone crisis, which initially emerged in 2009, has dramatically affected most countries in the European Union. The crisis primarily prevented many countries from refinancing their debt without help from a third party and slowed economic growth throughout the entire EU. As a result, general gross debt escalated annually in the euro area and more prominently in the EU. The collective sum of debt is most likely going to continue, given the current global economic situation as well as Europe’s recovering, however struggling economy. Struggles are primarily evident in the EU’s budget balance, which saw itself in the negative every year over the same timeframe as the eurozone crisis, although the balances improved on a yearly basis. Despite economical struggles, the EU still grew in population almost every year over the past decade, primarily due to a high standard of living and job opportunities, compared to many of its surrounding neighbors.

Switzerland SNB Forecast: Inflation: Conditional data was reported at 2.000 % in Jun 2021. This records an increase from the previous number of 1.700 % for Mar 2021. Switzerland SNB Forecast: Inflation: Conditional data is updated quarterly, averaging 0.700 % from Mar 2015 (Median) to Jun 2021, with 26 observations. The data reached an all-time high of 2.000 % in Jun 2021 and a record low of -1.400 % in Sep 2015. Switzerland SNB Forecast: Inflation: Conditional data remains active status in CEIC and is reported by Swiss National Bank. The data is categorized under Global Database’s Switzerland – Table CH.I010: Conditional Inflation: Forecast: Swiss National Bank. The Conditional Inflation Forecast is based on the assumption that the three-month LIBOR remains at – 0.75% over the entire forecast horizon.

Ten-Year Expected Inflation and Real and Inflation Risk Premia is a part of the Inflation Expectations indicator of the Federal Reserve Bank of Cleveland.

Qatar: Inflation forecast: The latest value from 2030 is 2.04 percent, an increase from 1.97 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Qatar from 2010 to 2030 is 1.63 percent. The minimum value, -3.37 percent, was reached in 2020 while the maximum of 6.47 percent was recorded in 2021.

Inflation Rate in China decreased to 0 percent in July from 0.10 percent in June of 2025. This dataset provides - China Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Brazil Inflation Projections: Market and Administered Prices: Selic Focus: 2021: Administered prices data was reported at 16.700 % in Dec 2021. This records an increase from the previous number of 13.700 % for Sep 2021. Brazil Inflation Projections: Market and Administered Prices: Selic Focus: 2021: Administered prices data is updated quarterly, averaging 9.700 % from Dec 2020 (Median) to Dec 2021, with 5 observations. The data reached an all-time high of 16.700 % in Dec 2021 and a record low of 5.700 % in Dec 2020. Brazil Inflation Projections: Market and Administered Prices: Selic Focus: 2021: Administered prices data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Inflation – Table BR.IB012: Consumer Price Index: Broad Category - IPCA: Projection: Selic Scenario and PPP Exchange Rate.

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.

Iceland continued to struggle with high inflation rates in 2024, with inflation standing at *** percent, and not forecast to decrease before 2025. By comparison, inflation rates in all other Nordic countries were projected to be significantly lower that year after also having increased rapidly through 2022 and 2023.

Belgium NBB Forecast: HICP: YoY: Food Inflation data was reported at 2.000 % in 2026. This records a decrease from the previous number of 3.000 % for 2025. Belgium NBB Forecast: HICP: YoY: Food Inflation data is updated yearly, averaging 2.650 % from Dec 2017 (Median) to 2026, with 10 observations. The data reached an all-time high of 12.000 % in 2023 and a record low of 0.900 % in 2021. Belgium NBB Forecast: HICP: YoY: Food Inflation data remains active status in CEIC and is reported by National Bank of Belgium. The data is categorized under Global Database’s Belgium – Table BE.I006: Harmonised Index of Consumer Prices: Year on Year Growth: Forecast: National Bank of Belgium.

Georgia: Inflation forecast: The latest value from 2030 is 3 percent, unchanged from 3 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Georgia from 1997 to 2030 is 5.19 percent. The minimum value, -1.37 percent, was reached in 2012 while the maximum of 13.94 percent was recorded in 2021.