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 .

2022 and 2023 were characterized by leaping inflation rates. These were caused by a multiple of factors, but post-corona (COVID-19) challenges and the Russian invasion of Ukraine in February that year had a major impact. However, the inflation rates in all countries included were forecast to stabilize through 2022 and 2023. More information about global inflation can be found here.

The global inflation rate reached almost nine percent in 2022 amid the COVID-19 pandemic and Russia and invasion of Ukraine. The inflation was particularly high in emerging and developing economies, where it reached almost 10 percent that year. Global inflation is expected to slow somewhat until 2025.

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.

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.

Iran: Inflation forecast: The latest value from 2030 is 25 percent, unchanged from 25 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Iran from 1990 to 2030 is 24.36 percent. The minimum value, 7.14 percent, was reached in 2017 while the maximum of 54.07 percent was recorded in 2022.

Germany: Inflation forecast: The latest value from 2030 is 2.18 percent, unchanged from 2.18 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Germany from 1992 to 2030 is 2.06 percent. The minimum value, -0.6 percent, was reached in 2020 while the maximum of 10.81 percent was recorded in 2022.

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.

2022 and 2023 saw inflation rates rise all over the world, especially spurred by effects of the COVID-19 pandemic and Russia's invasion of Ukraine. With its hyperinflation, ********* was predicted to have the highest inflation rate of the countries included here both in 2023, 2024, and 2025. On the other hand, ******* inflation rate was estimated to only reach *** percent in 2024.

The Netherlands: Inflation forecast: The latest value from 2030 is 2 percent, unchanged from 2 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for the Netherlands from 1981 to 2030 is 2.34 percent. The minimum value, -0.5 percent, was reached in 1987 while the maximum of 11.14 percent was recorded in 2022.

Inflation Expectations in the United States increased to 3.10 percent in July from 3 percent in June of 2025. This dataset provides - United States Consumer Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

SCE: Distribution of 5 Year Ahead Expected Inflation Rate: 2% to 3% data was reported at 10.166 % in Apr 2025. This records a decrease from the previous number of 11.163 % for Mar 2025. SCE: Distribution of 5 Year Ahead Expected Inflation Rate: 2% to 3% data is updated monthly, averaging 11.317 % from Jan 2022 (Median) to Apr 2025, with 40 observations. The data reached an all-time high of 14.460 % in Jun 2023 and a record low of 7.899 % in May 2022. SCE: Distribution of 5 Year Ahead Expected Inflation Rate: 2% to 3% 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.

Israel Expected Inflation Rate: Avg Forecasts: Next 12 Mths data was reported at 2.400 % in Mar 2025. This records a decrease from the previous number of 2.600 % for Feb 2025. Israel Expected Inflation Rate: Avg Forecasts: Next 12 Mths data is updated monthly, averaging 1.800 % from Jan 2008 (Median) to Mar 2025, with 207 observations. The data reached an all-time high of 3.200 % in Jul 2022 and a record low of 0.200 % in May 2020. Israel Expected Inflation Rate: Avg Forecasts: Next 12 Mths data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.I067: Inflation Expectations. [COVID-19-IMPACT]

SCE: Distribution of 5 Year Ahead Expected Inflation Rate: Less Than 0% data was reported at 28.374 % in Apr 2025. This records an increase from the previous number of 22.061 % for Mar 2025. SCE: Distribution of 5 Year Ahead Expected Inflation Rate: Less Than 0% data is updated monthly, averaging 21.942 % from Jan 2022 (Median) to Apr 2025, with 40 observations. The data reached an all-time high of 30.233 % in Jun 2022 and a record low of 15.468 % in Feb 2024. SCE: Distribution of 5 Year Ahead Expected Inflation Rate: Less Than 0% 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.

Austria: Inflation forecast: The latest value from 2030 is 2.07 percent, unchanged from 2.07 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Austria from 1980 to 2030 is 2.59 percent. The minimum value, 0.49 percent, was reached in 1998 while the maximum of 10.54 percent was recorded in 2022.

Belgium: Inflation forecast: The latest value from 2030 is 1.68 percent, a decline from 2.04 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Belgium from 1980 to 2030 is 2.79 percent. The minimum value, -0.39 percent, was reached in 2014 while the maximum of 10.21 percent was recorded in 2022.

In 2023, the U.S. Consumer Price Index was 309.42, and is projected to increase to 352.27 by 2029. The base period was 1982-84. The monthly CPI for all urban consumers in the U.S. can be accessed here. After a time of high inflation, the U.S. inflation rateis projected fall to two percent by 2027. United States Consumer Price Index ForecastIt is projected that the CPI will continue to rise year over year, reaching 325.6 in 2027. The Consumer Price Index of all urban consumers in previous years was lower, and has risen every year since 1992, except in 2009, when the CPI went from 215.30 in 2008 to 214.54 in 2009. The monthly unadjusted Consumer Price Index was 296.17 for the month of August in 2022. The U.S. CPI measures changes in the price of consumer goods and services purchased by households and is thought to reflect inflation in the U.S. as well as the health of the economy. The U.S. Bureau of Labor Statistics calculates the CPI and defines it as, "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." The BLS records the price of thousands of goods and services month by month. They consider goods and services within eight main categories: food and beverage, housing, apparel, transportation, medical care, recreation, education, and other goods and services. They aggregate the data collected in order to compare how much it would cost a consumer to buy the same market basket of goods and services within one month or one year compared with the previous month or year. Given that the CPI is used to calculate U.S. inflation, the CPI influences the annual adjustments of many financial institutions in the United States, both private and public. Wages, social security payments, and pensions are all affected by the CPI.

Australia: Inflation forecast: The latest value from 2030 is 2.48 percent, a decline from 2.5 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Australia from 1989 to 2030 is 2.83 percent. The minimum value, -0.3 percent, was reached in 1997 while the maximum of 7.83 percent was recorded in 2022.

SCE: Probability of Different Inflation Outcomes: 5 Years Ahead: 2 to 4% data was reported at 20.901 % in Apr 2025. This records a decrease from the previous number of 21.083 % for Mar 2025. SCE: Probability of Different Inflation Outcomes: 5 Years Ahead: 2 to 4% data is updated monthly, averaging 21.166 % from Jan 2022 (Median) to Apr 2025, with 40 observations. The data reached an all-time high of 24.285 % in Oct 2023 and a record low of 16.571 % in Jul 2022. SCE: Probability of Different Inflation Outcomes: 5 Years Ahead: 2 to 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.

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.