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 Georgia increased to 4 percent in June from 3.50 percent in May of 2025. This dataset provides the latest reported value for - Georgia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

Vietnam inflation rate for 2024 was 3.62%, a 0.37% increase from 2023.

<ul style='margin-top:20px;'>

<li>Vietnam inflation rate for 2023 was <strong>3.25%</strong>, a <strong>0.1% increase</strong> from 2022.</li>
<li>Vietnam inflation rate for 2022 was <strong>3.16%</strong>, a <strong>1.32% increase</strong> from 2021.</li>
<li>Vietnam inflation rate for 2021 was <strong>1.83%</strong>, a <strong>1.39% decline</strong> from 2020.</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.

Inflation Rate in Vietnam increased to 3.57 percent in June from 3.24 percent in May of 2025. This dataset provides the latest reported value for - Vietnam 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 Nigeria decreased to 22.22 percent in June from 22.97 percent in May of 2025. This dataset provides - Nigeria Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation, monthly percent change in the CPI in Hungary, June, 2025 The most recent value is 0.18 percent as of June 2025, a decline compared to the previous value of 0.23 percent. Historically, the average for Hungary from February 1996 to June 2025 is 0.51 percent. The minimum of -0.76 percent was recorded in November 2013, while the maximum of 3.78 percent was reached in January 1997. | TheGlobalEconomy.com

The effects of the coronavirus on inflation in the Netherlands are two-fold, as it increased in both March and April 2020, but showed a small decline in May. This becomes apparent when looking at the CPI inflation on a month-to-month basis, and how much this changed during that time. May 2020 stands out when compared to the same month in previous years, as this month normally shows a small increase in CPI inflation. This changed in 2020, however, as it become one of the few month, outside of December or January, with a decline. In September of 2023, the inflation rate stood at -0.4 percent.

The average inflation rate in Lithuania lies at approximately 3.46 percent in 2025.Fluctuating decline between 1996 and 2025Compared to the earliest depicted observation from 1996 there is a total decrease by approximately 19.63 percentage points. Looking at the trajectory between 1996 and 2025, one can observe that this decrease however did not happen continuously.Fluctuating decline between 2025 and 2030In 2030 the inflation will be about 2.50 percent, according to forecasts. From 2025 onwards, there is an overall decrease by approximately 0.96 percentage points.This indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.

In 2024, the average inflation rate in Lithuania stood at about 0.85 percent. Between 1996 and 2024, the figure dropped by approximately 22.24 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the inflation will rise by around 1.65 percentage points, showing an overall upward trend with periodic ups and downs.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.

Hungary Core Inflation: Same Mth PY=100: sa data was reported at 105.693 Same Mth PY=100 in Mar 2025. This records a decrease from the previous number of 106.232 Same Mth PY=100 for Feb 2025. Hungary Core Inflation: Same Mth PY=100: sa data is updated monthly, averaging 103.965 Same Mth PY=100 from Jan 1996 (Median) to Mar 2025, with 351 observations. The data reached an all-time high of 126.260 Same Mth PY=100 in Jan 1996 and a record low of 100.361 Same Mth PY=100 in Apr 2006. Hungary Core Inflation: Same Mth PY=100: sa data remains active status in CEIC and is reported by Hungarian Central Statistical Office. The data is categorized under Global Database’s Hungary – Table HU.I013: Core Inflation: Same Month Previous Year=100.

Graph and download economic data for Inflation, consumer prices for Viet Nam (FPCPITOTLZGVNM) from 1996 to 2024 about Viet Nam, consumer, CPI, inflation, price index, indexes, and price.

Cost of food in Nigeria increased 21.97 percent in June of 2025 over the same month in the previous year. This dataset provides - Nigeria Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation, monthly percent change in the CPI in the Netherlands, June, 2025 The most recent value is 0 percent as of June 2025, an increase compared to the previous value of -0.86 percent. Historically, the average for the Netherlands from February 1996 to June 2025 is 0.2 percent. The minimum of -3.9 percent was recorded in November 2022, while the maximum of 4.43 percent was reached in March 2022. | TheGlobalEconomy.com

Inflation, monthly percent change in the CPI in Cyprus, July, 2025 The most recent value is 0.35 percent as of July 2025, a decline compared to the previous value of 0.42 percent. Historically, the average for Cyprus from February 1996 to July 2025 is 0.17 percent. The minimum of -3.05 percent was recorded in February 1996, while the maximum of 3.35 percent was reached in March 1997. | TheGlobalEconomy.com

In 2024, the consumer price index (CPI) was 315.61. Data represents U.S. city averages. The monthly inflation rate for the United States can be found here. United States urban Consumer Price Index (CPI) The U.S. Consumer Price Index is a measure of change in the price of consumer goods and services purchased by households. The CPI is defined by the United States Bureau of Labor Statistics 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." To calculate the CPI, the Bureau of Labor Statistics considers the price of goods and services from various categories: housing, transportation, apparel, food & beverage, medical care, recreation, education and other/uncategorized. The CPI is a useful measure, as it indicates how the cost of urban living in the United States has changed over time, compared to a base period. CPI is also used to calculate inflation, or change in the purchasing power of money. According to the U.S. Bureau of Labor Statistics, the U.S. urban CPI has been rising steadily since 1992. As of 2023, the CPI was 304.7, up from 233 ten years earlier and up from 184 twenty years earlier. This indicates the extent to which, compared to a base period 1982-1984 = 100, the price of various goods and services has risen.

In addition to the national consumer price index, Statistics Netherlands compiles the harmonised CPI of the Netherlands for the European Union (EU).

Data available from: January 1996 till December 2015

Changes as of 16 June 2016: None, this table is stopped.

Status of the figures: The figures in this table are final.

Changes as of 10 March 2016 Eurostat has changed figures for the Eurozone and the European Union (EU).

Changes as of 10 December 2015 New source material has led to an adjustment of the HICP for The Netherlands in October.

When will new figures be published? Not applicable. This table is succeeded by Consumer prices; price index 2015=100. See paragraph 3.

Monthly and annual inflation rates for UK input and output producer price inflation (PPI), 1996 to 2025.

Serbia RS: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 2.836 % in 2017. This records an increase from the previous number of 2.535 % for 2016. Serbia RS: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 10.089 % from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 89.245 % in 2001 and a record low of 2.535 % in 2016. Serbia RS: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Serbia – Table RS.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

Inflation Rate in Bulgaria increased to 4.40 percent in June from 3.70 percent in May of 2025. This dataset provides the latest reported value for - Bulgaria Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.