Hyperinflation is a scenario where the prices for goods and services rise rapidly and uncontrollably. There have been several episodes of hyperinflation throughout history, such as that which afflicted Weimar Germany in the *****, when the daily inflation rate was estimated to be **** percent. The most severe case of hyperinflation, however, was estimated to be in Hungary in 1946, when the daily inflation rate was approximately *** percent.

Inflation Rate in Mexico decreased to 4.32 percent in June from 4.42 percent in May of 2025. This dataset provides - Mexico Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Rent Inflation in Canada increased to 4.70 percent in June from 4.50 percent in May of 2025. This dataset includes a chart with historical data for Canada Rent Inflation.

In a basic New Keynesian DSGE model with involuntary unemployment, we study the role of labor markets in the transmission of persistent monetary policy shocks that increase households' inflation expectations. The model predicts that, in contrast to the standard nominal interest rate shocks, labor market conditions can affect the outcomes of persistent monetary policy shocks suggesting a trade-off between inflation and output growth: restricted labor market access leads to higher inflation response with smaller effects on output. Using a VAR analysis, we further provide empirical evidence consistent with the predictions of our theoretical model.