Inflation Rate in the United States decreased to 2.30 percent in April from 2.40 percent in March of 2025. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, Japan had an average inflation rate estimated at 2.74 percent, marking the highest rate of inflation in Japan in almost a decade. However, this figure was still very low compared to most other major economies, such as Japan's fellow G7 members, four of which had inflation rates around six or seven percent in 2023 due to the global inflation crisis. Why is Japan's inflation rate lower? There are a number of contributing factors to Japan's relatively low inflation rate, even during economic crises. Japan eased its Covid restrictions more slowly than most other major economies, this prevented post-pandemic consumer spending that may have driven inflation through supply chain issues caused by higher demand. As the majority of Japan's food and energy comes from overseas, and has done so for decades, the government has mechanisms in place to prevent energy and wheat prices from rising too quickly. Because of this, Japan was able to shield its private sector from many of the negative knock on effects from Russia's invasion of Ukraine, which had a significant impact on both sectors globally. Persistent deflation and national debt An additional factor that has eased the impact of inflation on Japan's economy is the fact that it experienced deflation before the pandemic. Deflation has been a persistent problem in Japan since the asset price bubble burst in 1992, and has been symptomatic of Japan's staggering national debt thereafter. For almost 30 years, a combination of quantitative easing, low interest rates (below 0.5 percent since 1995, and at -0.1% since 2016), and a lack of spending due to low wages and an aging population have combined to give Japan the highest national debt in the world in absolute terms, and second-highest debt in relation to its GDP, after Venezuela. Despite this soaring debt, Japan remains the fourth-largest economy in the world, behind the U.S., China, and Germany.

Core consumer prices in the United States increased 2.80 percent in April 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.

Inflation Rate in Hong Kong increased to 2 percent in April from 1.40 percent in March of 2025. This dataset provides the latest reported value for - Hong Kong Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Federal Reserve's balance sheet has undergone significant changes since 2007, reflecting its response to major economic crises. From a modest *** trillion U.S. dollars at the end of 2007, it ballooned to approximately **** trillion U.S. dollars by May 2025. This dramatic expansion, particularly during the 2008 financial crisis and the COVID-19 pandemic - both of which resulted in negative annual GDP growth in the U.S. - showcases the Fed's crucial role in stabilizing the economy through expansionary monetary policies. Impact on inflation and interest rates The Fed's expansionary measures, while aimed at stimulating economic growth, have had notable effects on inflation and interest rates. Following the quantitative easing in 2020, inflation in the United States reached * percent in 2022, the highest since 1991. However, by *************, inflation had declined to *** percent. Concurrently, the Federal Reserve implemented a series of interest rate hikes, with the rate peaking at **** percent in ***********, before the first rate cut since ************** occurred in **************. Financial implications for the Federal Reserve The expansion of the Fed's balance sheet and subsequent interest rate hikes have had significant financial implications. In 2023, the Fed reported a negative net income of ***** billion U.S. dollars, a stark contrast to the ***** billion U.S. dollars profit in 2022. This unprecedented shift was primarily due to rapidly rising interest rates, which caused the Fed's interest expenses to soar to over *** billion U.S. dollars in 2023. Despite this, the Fed's net interest income on securities acquired through open market operations reached a record high of ****** billion U.S. dollars in the same year.

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.

This data package includes the underlying data and files to replicate the calculations, charts, and tables presented in Quantity Theory of Money Redux? Will Inflation Be the Legacy of Quantitative Easing?, PIIE Policy Brief 15-7. If you use the data, please cite as: Cline, William R. (2015). Quantity Theory of Money Redux? Will Inflation Be the Legacy of Quantitative Easing?. PIIE Policy Brief 15-7. Peterson Institute for International Economics.

This dataset is about books. It has 1 row and is filtered where the book is A global monetary plague : asset price inflation and Federal Reserve quantitative easing. It features 7 columns including author, publication date, language, and book publisher.

Canada's inflation rate experienced significant fluctuations from 2018 to 2025. Inflation peaked at *** percent in June 2022 before steadily declining to *** percent by December 2024. In early 2025, inflation began to increase again, rising to *** percent in February, and dropping to *** percent in March. In response to rising inflation between 2020 and 2022, the Bank of Canada implemented aggressive interest rate hikes. The bank rate reached a maximum of **** percent in July 2023 and remained stable until June 2024. As inflationary pressures eased in the second half of 2024, the central bank reduced interest rates to *** percent in December 2024. In 2025, the bank rate witnessed two cuts, standing at ***** percent in April 2025. This pattern reflected broader global economic trends, with most advanced and emerging economies experiencing similar inflationary challenges and monetary policy adjustments. Global context of inflation and interest rates The Canadian experience aligns with the broader international trend of central banks raising policy rates to combat inflation. Between 2021 and 2023, nearly all advanced and emerging economies increased their central bank rates. However, a shift occurred in the latter half of 2024, with many countries, including Canada, beginning to lower rates. This change suggests a new phase in the global economic cycle and monetary policy approach. Notably, among surveyed countries, Russia maintained the highest interest rate in early 2025, while Japan had the lowest rate. Comparison with the United States The United States experienced a similar trajectory in inflation and interest rates. U.S. inflation peaked at *** percent in June 2022, slightly higher than Canada's peak. The Federal Reserve responded with a series of rate hikes, reaching **** percent in August 2023. This rate remained unchanged until September 2024, when the first cut since September 2021 was implemented. In contrast, Canada's bank rate peaked at **** percent and began decreasing earlier, with cuts in June and July 2024. These differences highlight the nuanced approaches of central banks in managing their respective economies amid global inflationary pressures.

Inflation Rate in Morocco decreased to 0.70 percent in April from 1.60 percent in March of 2025. This dataset provides - Morocco Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Ghana decreased to 18.40 percent in May from 21.20 percent in April of 2025. This dataset provides - Ghana Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

After reaching a peak of 10.7 percent in the fourth quarter of 2022, the CPI inflation rate in the United Kingdom has fallen considerably, and was 2.5 percent in the fourth quarter of 2024. In 2025, there is expected to be an uptick in inflation, with prices expected to be increasing by 3.7 percent in the third quarter of 2025, before falling to two percent by the second quarter of 2026. Inflation and the Cost of Living The high inflation experienced by the UK since late 2021 is one of the main factors behind the country's ongoing cost of living crisis. Price surges, in relation to food and energy costs in particular, played havoc with the finances of UK households. At the height of the crisis, around nine out of ten households were experiencing a cost of living increase compared to the previous month. Although inflation has eased since reaching a peak of 11.1 percent in October 2022, and wages are growing in real terms, approximately 59 percent of households were still experiencing rising costs relative to the previous month in March 2025. Economic growth downgraded for 2025 Since 2022, the economy has generally been the main issue for UK voters, seen by 51 percent of people as one of the top three issues facing the country in March 2025. Throughout this time, UK households have struggled through a cost of living crisis, while the wider economy has struggled to achieve consistent growth. Between the first quarter of 2022, the UK economy has alternated between periods of low growth and minor contractions, with the UK even in recession at the end of 2023. While there was a slight uptick in growth in 2024, this momentum appears to have already been lost, with the UK's economic growth forecast for 2025 recently downgraded from two percent to one percent.

In April 2025, the monthly inflation rate in China ranged at -0.1 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 February 2025, Tibet experienced the highest CPI growth, while Beijing 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.

According to data from August 2024, online prices in the United States slightly decreased compared to the previous year, showing signs that inflationary pressures are gradually easing in many e-commerce segments. For instance, online prices in the electronics category decreased 5.31 percent year-over-year, and computers in particular have seen their online prices decrease nearly 9.7 percent compared to August 2023. While other segments like grocery and personal care are still experiencing online price increases (0.48 percent and 0.9 percent, respectively), inflation in those categories is slowing down compared to the double-digit monthly price increases experienced in those segments in 2022.

One of the major duties the Bank of England (BoE) is tasked with is keeping inflation rates low and stable. The usual tactic for keeping inflation rates down, and therefore the price of goods and services stable by the Bank of England is through lowering the Bank Rate. Such a measure was used in 2008 during the global recession when the BoE lowered the bank base rate from 5 percent to 0.5 percent. Due to the economic fears surrounding the COVID-19 virus, as of the 19th of March 2020, the bank base rate was set to its lowest ever standing. The issue with lowering interest rates is that there is an end limit as to how low they can go.

Quantitative easing

Quantitative easing is a measure that central banks can use to inject money into the economy to hopefully boost spending and investment. Quantitative easing is the creation of digital money in order to purchase government bonds. By purchasing large amounts of government bonds, the interest rates on those bonds lower. This in turn means that the interest rates offered on loans for the purchasing of mortgages or business loans also lowers, encouraging spending and stimulating the economy.

Large enterprises jump at the opportunity

After the initial stimulus of 200 billion British pounds through quantitative easing in March 2020, the Bank of England announced in June that they would increase the amount by a further one hundred billion British pounds. In March of 2020, the headline flow of borrowing by non-financial industries including construction, transport, real estate and the manufacturing sectors increased significantly.

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.

Romania's consumer price index (CPI) reached 105.59 in 2024, indicating an inflation rate of roughly 5.6 percent. This decrease from the previous year's 10.4 percent suggests a significant easing of inflationary pressures. The country has experienced fluctuating inflation rates over the past decade, with the lowest CPI recorded in 2016. Recent Inflation Trends The highest inflation rate in Romania's recent history was observed in November 2022, peaking at 16.76 percent. By December 2024, inflation had moderated to 5.1 percent, a slight drop compared to the previous year. Food prices have contributed to overall inflation, with costs increasing by 5.09 percent in December 2024 compared to the same month in the previous year. Economic Impact and Outlook Despite inflationary pressures, Romania's economy has shown resilience. The country's gross domestic product per capita, adjusted for purchasing power parity, increased by 2.3 percent in 2023, reaching 40,665.53 U.S. dollars. This growth, although slowing, represents the highest level observed in recent years. Looking ahead, certain sectors may continue to face price increases. For instance, the apparel market is forecast to see a 37.79 percent rise in price per unit between 2024 and 2029, potentially reaching 34.61 U.S. dollars by the end of that period.

Inflation Devices Market Outlook

The global inflation devices market size was estimated to be USD 500 million in 2023 and is projected to reach approximately USD 850 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period. The primary factors driving the growth of this market include advancements in minimally invasive surgical procedures, an increasing prevalence of chronic diseases, and a rising demand for technologically advanced devices.

One of the main growth factors of the inflation devices market is the rising prevalence of cardiovascular diseases, which are among the leading causes of death globally. Technological advancements in medical devices have significantly improved patient outcomes in procedures like angioplasty, where inflation devices are essential. The increasing number of such procedures, driven by a growing elderly population and unhealthy lifestyle choices, is expected to fuel the demand for these devices. Furthermore, the continuous development and adoption of minimally invasive surgical techniques, which utilize inflation devices, are boosting market growth.

Another critical factor contributing to the expansion of the inflation devices market is the increasing investment in healthcare infrastructure, particularly in emerging economies. Governments and private entities are increasingly investing in advanced medical facilities, which in turn raises the demand for sophisticated medical devices like inflation devices. Additionally, the rising awareness about the benefits of early diagnosis and treatment of various diseases is propelling the market. Educational initiatives and health campaigns have played an essential role in increasing the number of diagnostic and surgical procedures, thereby augmenting the utilization of inflation devices.

Moreover, innovations in material science and engineering have led to the development of more efficient and durable inflation devices. Devices with enhanced accuracy, safety, and ease of use are finding favor among healthcare professionals, thereby driving their adoption. The focus on patient safety and the need for precise control during procedures have resulted in widespread acceptance of advanced inflation devices. This trend is expected to continue as manufacturers invest in research and development to create even more sophisticated devices.

The advent of the Digital Inflation Device has marked a significant milestone in the evolution of inflation devices. These devices integrate digital technology to provide enhanced precision and control during medical procedures. By offering real-time feedback and data analytics, digital inflation devices empower healthcare professionals to make informed decisions, thereby improving patient outcomes. The incorporation of digital interfaces also facilitates easier operation and reduces the likelihood of human error, making these devices highly desirable in complex surgical environments. As the healthcare industry continues to embrace digital transformation, the demand for digital inflation devices is expected to rise, further propelling the growth of the inflation devices market.

Regionally, North America is expected to dominate the inflation devices market, owing to its well-established healthcare infrastructure, high adoption rate of advanced medical technologies, and significant healthcare expenditure. Europe follows closely due to similar factors, along with robust government support for healthcare innovation. The Asia Pacific region is anticipated to witness the highest growth rate due to increasing healthcare investments, a large patient pool, and rising awareness about advanced medical treatments. Latin America and Middle East & Africa are also expected to experience steady growth, driven by improving healthcare facilities and economic development.

Product Type Analysis

The product type segment of the inflation devices market can be broadly categorized into balloon inflation devices, syringe inflation devices, and others. Balloon inflation devices hold the largest share in this segment due to their widespread use in cardiovascular and interventional procedures. These devices are preferred by healthcare professionals for their precision and ease of use. The increasing prevalence of cardiovascular diseases, coupled with a rise in the number of angioplasty and other i

Oil prices stabilize amid easing US inflation, with WTI crude trading just under $68 per barrel. Production adjustments are key in maintaining market balance.

Following the easing of restrictions related to the coronavirus pandemic in 2022, inflation rates in many economic sectors in Europe spiked, with the food and non-alcoholic beverages and transport sectors being particularly affected. Additionally, Russia's invasion of Ukraine in February 2022 and the subsequent energy crisis caused a spike in the housing, water, electricity, gas, and other fuels sector, with the inflation rate in these products reaching 23.2 percent in October 2022. All economic sectors have experienced a significant disinflation during 2023 onwards, as higher interest rates set by the European Central Bank dampen economic activity and slowed prices increase.