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.

Core consumer prices in Azerbaijan increased 4.80 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Azerbaijan Core Inflation Rate.

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.

In 2024, the average inflation rate in Brazil was approximately 4.37 percent. Between 1980 and 2024, the figure dropped by around 85.86 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 1.41 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Core consumer prices in Czech Republic increased 2.96 percent in June of 2025 over the same month in the previous year. This dataset provides - Czech Republic Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Serbia increased to 4.60 percent in June from 3.80 percent in May of 2025. This dataset provides - Serbia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the annual end-of-period inflation rate of Panama was estimated at about -0.19 percent. Between 1980 and 2024, the figure dropped by approximately 15.69 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the rate will rise by around 2.19 percentage points, showing an overall upward trend with periodic ups and downs.The International Monetary Fund describes this indicator as a measure of inflation based upon the year-on-year percent change in the end-of-period consumer price index (CPI). The said index measure is based upon the cost of a typical basket of goods and services at the end of a given time period.

The consumer price index in Czechia fluctuated in the observed period. The prices increased during the economic crisis of 2008 but reached their peak in 2022, with inflation rising to ** percent in September 2022 compared to the previous year. In April 2025, the inflation amounted to *** percent, a decrease compared to the previous month.

Core consumer prices in Costa Rica increased 0.96 percent in June of 2025 over the same month in the previous year. This dataset provides - Costa Rica Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset is about the Inflation for Saudi Arabia for 2009 - Jan 2020 (Base year 2007 & 2013). Data from Saudi Arabian Monetary Authority. Follow datasource.kapsarc.org for timely data to advance energy economics research.Note:- Data found here from January 2018 till January 2020 was 2013 base year CPI calculation- Data found here from October 2009 till December 2017 was 2007 base year CPI calculation.You can find Saudi Arabia Inflation Rate with the latest 2018 base year on KAPSARC Dataportal.

In 2024, the annual end-of-period inflation rate of Chile was approximately 4.53 percent. Between 1980 and 2024, the figure dropped by around 26.71 percentage points, though the decline followed an uneven course rather than a steady trajectory. The rate is forecast to decline by about 1.53 percentage points from 2024 to 2030, fluctuating as it trends downward.The International Monetary Fund describes this indicator as a measure of inflation based upon the year-on-year percent change in the end-of-period consumer price index (CPI). The said index measure is based upon the cost of a typical basket of goods and services at the end of a given time period.

Historical chart and dataset showing Kiribati inflation rate by year from 2007 to 2023.

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.

Graph and download economic data for 5-Year Breakeven Inflation Rate from 2003-01-02 to 2025-07-18 about spread, interest rate, interest, 5-year, inflation, rate, and USA.

The Consumer Price Index in Serbia increased 0.90 percent in June of 2025 over the previous month. This dataset provides - Serbia Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Moldova increased to 8.20 percent in June from 7.90 percent in May of 2025. This dataset provides - Moldova Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Turkey IG: Inflation Rate: Next 12 Mth: Number of Answers data was reported at 312.000 % Point in Apr 2020. This records a decrease from the previous number of 323.000 % Point for Mar 2020. Turkey IG: Inflation Rate: Next 12 Mth: Number of Answers data is updated monthly, averaging 323.000 % Point from Jan 2007 (Median) to Apr 2020, with 160 observations. The data reached an all-time high of 362.000 % Point in Oct 2017 and a record low of 135.000 % Point in Jan 2007. Turkey IG: Inflation Rate: Next 12 Mth: Number of Answers data remains active status in CEIC and is reported by Central Bank of the Republic of Turkey. The data is categorized under Global Database’s Turkey – Table TR.S017: Business Tendency Survey: Investment Consumer Goods: Weighted: NACE Rev2.

Inflation Rate in Colombia decreased to 4.82 percent in June from 5.05 percent in May of 2025. This dataset provides - Colombia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Core Consumer Price Inflation for Iran, Islamic Republic of (IRNPCPICOREPCHPT) from 2007 to 2025 about Iran, consumer prices, core, REO, consumer, inflation, and rate.

Turkey DG: Inflation Rate: Next 12 Mth: Number of Answers data was reported at 30.000 Point in Apr 2020. This records a decrease from the previous number of 33.000 Point for Mar 2020. Turkey DG: Inflation Rate: Next 12 Mth: Number of Answers data is updated monthly, averaging 75.500 Point from Jan 2007 (Median) to Apr 2020, with 160 observations. The data reached an all-time high of 89.000 Point in Nov 2013 and a record low of 25.000 Point in Jan 2007. Turkey DG: Inflation Rate: Next 12 Mth: Number of Answers data remains active status in CEIC and is reported by Central Bank of the Republic of Turkey. The data is categorized under Global Database’s Turkey – Table TR.S014: Business Tendency Survey: Durable Consumer Goods: Weighted: NACE Rev2.