100+ datasets found
  1. Inflation rate in Europe in April 2025, by country

    • statista.com
    • abripper.com
    Updated May 15, 2025
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    Statista (2025). Inflation rate in Europe in April 2025, by country [Dataset]. https://www.statista.com/statistics/225698/monthly-inflation-rate-in-eu-countries/
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    Dataset updated
    May 15, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 2025
    Area covered
    Europe, European Union
    Description

    As of April 2025, the inflation rate in the European Union was 2.4 percent, with prices rising fastest in Romania, which had an inflation rate of 4.9 percent. By contrast, both France and Cyprus saw low inflation rates during the same period, with France having the lowest inflation rate in the EU during this month. The rate of inflation in the EU in the October 2022 was higher than at any other time, with the peak prior to 2021 recorded in July 2008 when prices were growing by 4.4 percent year-on-year. Before the recent rises in inflation, price rises in the EU had been kept at relatively low levels, with the inflation rate remaining below three percent between January 2012 and August 2021. Rapid recovery and energy costs driving inflation The reopening of the European economy in 2021 following the sudden shock of COVID-19 in 2020 is behind many of the factors that have caused prices to rise so quickly in 2022. Global supply chains have not yet recovered from production issues, travel restrictions, and workforce problems brought about by the pandemic. Rising energy costs have only served to exacerbate supply problems, particularly with regard to the transport sector, which had the highest inflation rate of any sector in the EU in December 2021. High inflation rates mirrored in the U.S. The high inflation rates seen in Europe have been reflected in other parts of the world. In the United States, for example, the consumer price index reached a 40-year-high of seven percent in December 2021, influenced by many of the same factors driving European inflation. Nevertheless, it is hoped that once these supply chain issues ease, inflation levels will start to fall throughout the course of 2022.

  2. Inflation rates for discretionary and non-discretionary spending : December...

    • gov.uk
    • s3.amazonaws.com
    Updated Nov 15, 2021
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    Office for National Statistics (2021). Inflation rates for discretionary and non-discretionary spending : December 2021 [Dataset]. https://www.gov.uk/government/statistics/inflation-rates-for-discretionary-and-non-discretionary-spending-december-2021
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    Dataset updated
    Nov 15, 2021
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    Office for National Statistics
    Description

    Official statistics are produced impartially and free from political influence.

  3. Monthly inflation rate in China 2025

    • statista.com
    Updated Oct 15, 2023
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    Statista (2023). Monthly inflation rate in China 2025 [Dataset]. https://www.statista.com/statistics/271667/monthly-inflation-rate-in-china/
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    Dataset updated
    Oct 15, 2023
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Oct 2023 - Oct 2025
    Area covered
    China
    Description

    In October 2025, the monthly inflation rate in China ranged at 0.2 percent compared to the same month in the previous year. Inflation had peaked at 2.8 percent in September 2022, but eased thereafter. The annual average inflation rate in China ranged at 0.2 percent in 2024. China’s inflation in comparison The term inflation means the devaluation of money caused by a permanent increase of the price level for products such as consumer or investment goods. The inflation rate is most commonly measured by the Consumer Price Index. The Consumer Price Index shows the price development for private expenses based on a basket of products representing the consumption of an average consumer household. Compared to other major economies in the world, China has a moderate and stable level of inflation. The inflation in China is on average lower than in other BRIC countries, although China enjoys higher economic growth rates. Inflation rates of developed regions in the world had for a long time been lower than in China, but that picture changed fundamentally during the coronavirus pandemic with most developed countries experiencing quickly rising consumer prices. Regional inflation rates in China In China, there is a regional difference in inflation rates. As of May 2025, Shaanxi province experienced the highest CPI growth, while Guangxi reported the lowest. In recent years, inflation rates in rural areas have often been slightly higher than in the cities. According to the National Bureau of Statistics of China, inflation was mainly fueled by a surge in prices for food and micellaneous items and services in recent months. The price gain in other sectors was comparatively slight. Transport prices have decreased recently, but had grown significantly in 2021 and 2022.

  4. T

    United States Inflation Rate

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Oct 24, 2025
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    TRADING ECONOMICS (2025). United States Inflation Rate [Dataset]. https://tradingeconomics.com/united-states/inflation-cpi
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    json, excel, xml, csvAvailable download formats
    Dataset updated
    Oct 24, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1914 - Sep 30, 2025
    Area covered
    United States
    Description

    Inflation Rate in the United States increased to 3 percent in September from 2.90 percent in August of 2025. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  5. T

    United States Core Inflation Rate

    • tradingeconomics.com
    • id.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Oct 24, 2025
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    TRADING ECONOMICS (2025). United States Core Inflation Rate [Dataset]. https://tradingeconomics.com/united-states/core-inflation-rate
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    excel, csv, json, xmlAvailable download formats
    Dataset updated
    Oct 24, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 28, 1957 - Sep 30, 2025
    Area covered
    United States
    Description

    Core consumer prices in the United States increased 3 percent in September 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.

  6. T

    China Inflation Rate

    • tradingeconomics.com
    • de.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 9, 2025
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    TRADING ECONOMICS (2025). China Inflation Rate [Dataset]. https://tradingeconomics.com/china/inflation-cpi
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    json, excel, csv, xmlAvailable download formats
    Dataset updated
    Nov 9, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1986 - Oct 31, 2025
    Area covered
    China
    Description

    Inflation Rate in China increased to 0.20 percent in October from -0.30 percent in September of 2025. This dataset provides - China Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  7. CPIH-consistent inflation rate estimates for UK household groups: October to...

    • gov.uk
    Updated May 13, 2022
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    Office for National Statistics (2022). CPIH-consistent inflation rate estimates for UK household groups: October to December 2021 [Dataset]. https://www.gov.uk/government/statistics/cpih-consistent-inflation-rate-estimates-for-uk-household-groups-october-to-december-2021
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    Dataset updated
    May 13, 2022
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    Office for National Statistics
    Area covered
    United Kingdom
    Description

    Official statistics are produced impartially and free from political influence.

  8. T

    Sweden Inflation Rate

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 14, 2025
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    TRADING ECONOMICS (2025). Sweden Inflation Rate [Dataset]. https://tradingeconomics.com/sweden/inflation-cpi
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    csv, excel, json, xmlAvailable download formats
    Dataset updated
    Nov 14, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1980 - Oct 31, 2025
    Area covered
    Sweden
    Description

    Inflation Rate in Sweden remained unchanged at 0.90 percent in October. This dataset provides - Sweden Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  9. T

    United States Inflation Rate MoM

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Oct 24, 2025
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    TRADING ECONOMICS (2025). United States Inflation Rate MoM [Dataset]. https://tradingeconomics.com/united-states/inflation-rate-mom
    Explore at:
    csv, excel, json, xmlAvailable download formats
    Dataset updated
    Oct 24, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 28, 1947 - Sep 30, 2025
    Area covered
    United States
    Description

    The Consumer Price Index in the United States increased 0.30 percent in September of 2025 over the previous month. This dataset provides - United States Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  10. F

    Inflation, consumer prices for the United States

    • fred.stlouisfed.org
    json
    Updated Apr 16, 2025
    + more versions
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    (2025). Inflation, consumer prices for the United States [Dataset]. https://fred.stlouisfed.org/series/FPCPITOTLZGUSA
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    jsonAvailable download formats
    Dataset updated
    Apr 16, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    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.

  11. y

    US Inflation Rate

    • ycharts.com
    html
    Updated Oct 24, 2025
    + more versions
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    Bureau of Labor Statistics (2025). US Inflation Rate [Dataset]. https://ycharts.com/indicators/us_inflation_rate
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    htmlAvailable download formats
    Dataset updated
    Oct 24, 2025
    Dataset provided by
    YCharts
    Authors
    Bureau of Labor Statistics
    License

    https://www.ycharts.com/termshttps://www.ycharts.com/terms

    Time period covered
    Jan 31, 1914 - Sep 30, 2025
    Area covered
    United States
    Variables measured
    US Inflation Rate
    Description

    View monthly updates and historical trends for US Inflation Rate. from United States. Source: Bureau of Labor Statistics. Track economic data with YCharts…

  12. T

    India Inflation Rate

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 12, 2025
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    TRADING ECONOMICS (2025). India Inflation Rate [Dataset]. https://tradingeconomics.com/india/inflation-cpi
    Explore at:
    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Nov 12, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 2012 - Oct 31, 2025
    Area covered
    India
    Description

    Inflation Rate in India decreased to 0.25 percent in October from 1.44 percent in September of 2025. This dataset provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  13. T

    Euro Area Inflation Rate

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Dec 2, 2025
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    TRADING ECONOMICS (2025). Euro Area Inflation Rate [Dataset]. https://tradingeconomics.com/euro-area/inflation-cpi
    Explore at:
    excel, json, csv, xmlAvailable download formats
    Dataset updated
    Dec 2, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1991 - Nov 30, 2025
    Area covered
    Euro Area
    Description

    Inflation Rate In the Euro Area increased to 2.20 percent in November from 2.10 percent in October of 2025. 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.

  14. T

    Turkey Inflation, monthly percent change in the CPI, October, 2025 - data,...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Oct 15, 2025
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    Globalen LLC (2025). Turkey Inflation, monthly percent change in the CPI, October, 2025 - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Turkey/inflation_monthly/
    Explore at:
    csv, xml, excelAvailable download formats
    Dataset updated
    Oct 15, 2025
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 29, 1996 - Oct 31, 2025
    Area covered
    Turkey
    Description

    Inflation, monthly percent change in the CPI in Turkey, October, 2025 The most recent value is 2.57 percent as of October 2025, a decline compared to the previous value of 3.26 percent. Historically, the average for Turkey from February 1996 to October 2025 is 2 percent. The minimum of -1.44 percent was recorded in June 2011, while the maximum of 13.57 percent was reached in December 2021. | TheGlobalEconomy.com

  15. I

    Ireland IE: Harmonised Core Inflation Index: Single Hit Scenario

    • ceicdata.com
    Updated Dec 15, 2024
    + more versions
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    CEICdata.com (2024). Ireland IE: Harmonised Core Inflation Index: Single Hit Scenario [Dataset]. https://www.ceicdata.com/en/ireland/consumer-and-wholesale-price-index-forecast-oecd-member-quarterly/ie-harmonised-core-inflation-index-single-hit-scenario
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    Dataset updated
    Dec 15, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2019 - Dec 1, 2021
    Area covered
    Ireland, Ireland
    Variables measured
    Price
    Description

    Ireland IE: Harmonised Core Inflation Index: Single Hit Scenario data was reported at 1.025 Index, 2017 in Dec 2021. This records an increase from the previous number of 1.023 Index, 2017 for Sep 2021. Ireland IE: Harmonised Core Inflation Index: Single Hit Scenario data is updated quarterly, averaging 0.966 Index, 2017 from Mar 1995 (Median) to Dec 2021, with 108 observations. The data reached an all-time high of 1.025 Index, 2017 in Dec 2021 and a record low of 0.706 Index, 2017 in Mar 1995. Ireland IE: Harmonised Core Inflation Index: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Ireland – Table IE.OECD.EO: Consumer and Wholesale Price Index: Forecast: OECD Member: Quarterly. PCOREH - Core inflation index, harmonised Overall index excluding energy, food, alcohol and tobaccoIndex, national reference year Eurostat Harmonised indices of consumer prices:https://ec.europa.eu/eurostat/cache/metadata/en/prc_hicp_esms.htm

  16. U.S. monthly inflation rate 2025

    • statista.com
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    Statista, U.S. monthly inflation rate 2025 [Dataset]. https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Sep 2021 - Sep 2025
    Area covered
    United States
    Description

    In September 2025, prices had increased by three percent compared to September 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 restraints, 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.

  17. T

    Japan Inflation Rate

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 20, 2025
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    TRADING ECONOMICS (2025). Japan Inflation Rate [Dataset]. https://tradingeconomics.com/japan/inflation-cpi
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    csv, json, excel, xmlAvailable download formats
    Dataset updated
    Nov 20, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1958 - Oct 31, 2025
    Area covered
    Japan
    Description

    Inflation Rate in Japan increased to 3 percent in October from 2.90 percent in September of 2025. This dataset provides the latest reported value for - Japan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  18. U.S. projected annual inflation rate 2010-2029

    • statista.com
    Updated Nov 19, 2025
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    Statista (2025). U.S. projected annual inflation rate 2010-2029 [Dataset]. https://www.statista.com/statistics/244983/projected-inflation-rate-in-the-united-states/
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    Dataset updated
    Nov 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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 .

  19. Monthly inflation rate and Federal Reserve interest rate in the U.S....

    • statista.com
    Updated Nov 19, 2025
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    Statista (2025). Monthly inflation rate and Federal Reserve interest rate in the U.S. 2018-2025 [Dataset]. https://www.statista.com/statistics/1312060/us-inflation-rate-federal-reserve-interest-rate-monthly/
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    Dataset updated
    Nov 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2018 - Sep 2025
    Area covered
    United States
    Description

    The inflation rate in the United States declined significantly between June 2022 and September 2025, despite rising inflationary pressures towards the end of 2024. The peak inflation rate was recorded in June 2022, at *** percent. In August 2023, the Federal Reserve's interest rate hit its highest level during the observed period, at **** percent, and remained unchanged until September 2024, when the Federal Reserve implemented its first rate cut since September 2021. By September 2025, the rate dropped to **** percent, signaling a shift in monetary policy. What is the Federal Reserve interest rate? The Federal Reserve interest rate, or the federal funds rate, is the rate at which banks and credit unions lend to and borrow from each other. It is one of the Federal Reserve's key tools for maintaining strong employment rates, stable prices, and reasonable interest rates. The rate is determined by the Federal Reserve and adjusted eight times a year, though it can be changed through emergency meetings during times of crisis. The Fed doesn't directly control the interest rate but sets a target rate. It then uses open market operations to influence rates toward this target. Ways of measuring inflation Inflation is typically measured using several methods, with the most common being the Consumer Price Index (CPI). The CPI tracks the price of a fixed basket of goods and services over time, providing a measure of the price changes consumers face. At the end of 2023, the CPI in the United States was ****** percent, up from ****** a year earlier. A more business-focused measure is the producer price index (PPI), which represents the costs of firms.

  20. Rate of inflation for food in France 2015-2021

    • statista.com
    Updated Jan 15, 2022
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    Statista (2022). Rate of inflation for food in France 2015-2021 [Dataset]. https://www.statista.com/statistics/537465/inflation-rate-food-in-france/
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    Dataset updated
    Jan 15, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    May 2015 - Dec 2021
    Area covered
    France
    Description

    The statistic illustrates the inflation rate for food in France from May 2015 to December 2021. In December 2021, the cost of food increased by 1.4 percent over the same month in the previous year. Food Inflation is reported by the INSEE in France.

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Statista (2025). Inflation rate in Europe in April 2025, by country [Dataset]. https://www.statista.com/statistics/225698/monthly-inflation-rate-in-eu-countries/
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Inflation rate in Europe in April 2025, by country

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18 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
May 15, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Apr 2025
Area covered
Europe, European Union
Description

As of April 2025, the inflation rate in the European Union was 2.4 percent, with prices rising fastest in Romania, which had an inflation rate of 4.9 percent. By contrast, both France and Cyprus saw low inflation rates during the same period, with France having the lowest inflation rate in the EU during this month. The rate of inflation in the EU in the October 2022 was higher than at any other time, with the peak prior to 2021 recorded in July 2008 when prices were growing by 4.4 percent year-on-year. Before the recent rises in inflation, price rises in the EU had been kept at relatively low levels, with the inflation rate remaining below three percent between January 2012 and August 2021. Rapid recovery and energy costs driving inflation The reopening of the European economy in 2021 following the sudden shock of COVID-19 in 2020 is behind many of the factors that have caused prices to rise so quickly in 2022. Global supply chains have not yet recovered from production issues, travel restrictions, and workforce problems brought about by the pandemic. Rising energy costs have only served to exacerbate supply problems, particularly with regard to the transport sector, which had the highest inflation rate of any sector in the EU in December 2021. High inflation rates mirrored in the U.S. The high inflation rates seen in Europe have been reflected in other parts of the world. In the United States, for example, the consumer price index reached a 40-year-high of seven percent in December 2021, influenced by many of the same factors driving European inflation. Nevertheless, it is hoped that once these supply chain issues ease, inflation levels will start to fall throughout the course of 2022.

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