100+ datasets found
  1. U.S. projected annual inflation rate 2010-2029

    • statista.com
    Updated Aug 21, 2024
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    Statista (2024). 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
    Aug 21, 2024
    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 .

  2. T

    United States Inflation Rate

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 15, 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
    Jul 15, 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 - Jun 30, 2025
    Area covered
    United States
    Description

    Inflation Rate in the United States increased to 2.70 percent in June from 2.40 percent in May of 2025. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  3. Global inflation rate from 2000 to 2030

    • statista.com
    • ai-chatbox.pro
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    Statista, Global inflation rate from 2000 to 2030 [Dataset]. https://www.statista.com/statistics/256598/global-inflation-rate-compared-to-previous-year/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 2025
    Area covered
    Worldwide
    Description

    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.

  4. F

    30-Year Expected Inflation

    • fred.stlouisfed.org
    json
    Updated Jul 15, 2025
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    (2025). 30-Year Expected Inflation [Dataset]. https://fred.stlouisfed.org/series/EXPINF30YR
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    jsonAvailable download formats
    Dataset updated
    Jul 15, 2025
    License

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

    Description

    Graph and download economic data for 30-Year Expected Inflation (EXPINF30YR) from Jan 1982 to Jul 2025 about 30-year, projection, inflation, and USA.

  5. Ten-Year Expected Inflation and Real and Inflation Risk Premia

    • clevelandfed.org
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    Federal Reserve Bank of Cleveland, Ten-Year Expected Inflation and Real and Inflation Risk Premia [Dataset]. https://www.clevelandfed.org/indicators-and-data/inflation-expectations
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    Dataset authored and provided by
    Federal Reserve Bank of Clevelandhttps://www.clevelandfed.org/
    License

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

    Description

    Ten-Year Expected Inflation and Real and Inflation Risk Premia is a part of the Inflation Expectations indicator of the Federal Reserve Bank of Cleveland.

  6. Average inflation rate in the United Kingdom 1980-2030

    • statista.com
    • ai-chatbox.pro
    Updated Jun 18, 2025
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    Statista (2025). Average inflation rate in the United Kingdom 1980-2030 [Dataset]. https://www.statista.com/statistics/270384/inflation-rate-in-the-united-kingdom/
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    Dataset updated
    Jun 18, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    In 2024, the average inflation rate in the United Kingdom was approximately 2.53 percent. Between 1980 and 2024, the figure dropped by around 14.32 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 0.53 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.

  7. T

    United States Consumer Inflation Expectations

    • tradingeconomics.com
    • it.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 12, 2025
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    TRADING ECONOMICS (2025). United States Consumer Inflation Expectations [Dataset]. https://tradingeconomics.com/united-states/inflation-expectations
    Explore at:
    json, excel, xml, csvAvailable download formats
    Dataset updated
    Jun 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
    Jun 30, 2013 - Jun 30, 2025
    Area covered
    United States
    Description

    Inflation Expectations in the United States decreased to 3 percent in June from 3.20 percent in May of 2025. This dataset provides - United States Consumer Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

  8. U

    United States SCE: Distribution of 5 Year Ahead Expected Inflation Rate: 2%...

    • ceicdata.com
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    CEICdata.com, United States SCE: Distribution of 5 Year Ahead Expected Inflation Rate: 2% to 3% [Dataset]. https://www.ceicdata.com/en/united-states/survey-of-consumer-expectations-inflation
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    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, 2024 - Feb 1, 2025
    Area covered
    United States
    Description

    SCE: Distribution of 5 Year Ahead Expected Inflation Rate: 2% to 3% data was reported at 10.166 % in Apr 2025. This records a decrease from the previous number of 11.163 % for Mar 2025. SCE: Distribution of 5 Year Ahead Expected Inflation Rate: 2% to 3% data is updated monthly, averaging 11.317 % from Jan 2022 (Median) to Apr 2025, with 40 observations. The data reached an all-time high of 14.460 % in Jun 2023 and a record low of 7.899 % in May 2022. SCE: Distribution of 5 Year Ahead Expected Inflation Rate: 2% to 3% data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.H078: Survey of Consumer Expectations: Inflation.

  9. Expected Inflation Term Structure

    • clevelandfed.org
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    Federal Reserve Bank of Cleveland, Expected Inflation Term Structure [Dataset]. https://www.clevelandfed.org/indicators-and-data/inflation-expectations
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    Dataset authored and provided by
    Federal Reserve Bank of Clevelandhttps://www.clevelandfed.org/
    License

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

    Description

    Expected Inflation Term Structure is a part of the Inflation Expectations indicator of the Federal Reserve Bank of Cleveland.

  10. U.S. monthly inflation rate 2025

    • statista.com
    Updated Mar 11, 2025
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    Statista (2025). 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 updated
    Mar 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2021 - Jan 2025
    Area covered
    United States
    Description

    In January 2025, prices had increased by three percent compared to January 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 restrains, 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.

  11. T

    United States Core Inflation Rate

    • tradingeconomics.com
    • id.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 15, 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
    Jul 15, 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 - Jun 30, 2025
    Area covered
    United States
    Description

    Core consumer prices in the United States increased 2.90 percent in June 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.

  12. Israel Expected Inflation Rate: Avg Forecasts: Next 12 Mths

    • ceicdata.com
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    CEICdata.com, Israel Expected Inflation Rate: Avg Forecasts: Next 12 Mths [Dataset]. https://www.ceicdata.com/en/israel/inflation-expectations/expected-inflation-rate-avg-forecasts-next-12-mths
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    Dataset provided by
    CEIC Data
    License

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

    Time period covered
    Apr 1, 2024 - Mar 1, 2025
    Area covered
    Israel
    Variables measured
    Indicator
    Description

    Israel Expected Inflation Rate: Avg Forecasts: Next 12 Mths data was reported at 2.400 % in Mar 2025. This records a decrease from the previous number of 2.600 % for Feb 2025. Israel Expected Inflation Rate: Avg Forecasts: Next 12 Mths data is updated monthly, averaging 1.800 % from Jan 2008 (Median) to Mar 2025, with 207 observations. The data reached an all-time high of 3.200 % in Jul 2022 and a record low of 0.200 % in May 2020. Israel Expected Inflation Rate: Avg Forecasts: Next 12 Mths data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.I067: Inflation Expectations. [COVID-19-IMPACT]

  13. F

    France Inflation forecast - data, chart | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Dec 15, 2017
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    Globalen LLC (2017). France Inflation forecast - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/France/inflation_outlook_imf/
    Explore at:
    xml, excel, csvAvailable download formats
    Dataset updated
    Dec 15, 2017
    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
    Dec 31, 1980 - Dec 31, 2030
    Area covered
    France
    Description

    France: Inflation forecast: The latest value from 2030 is 1.72 percent, a decline from 1.96 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for France from 1980 to 2030 is 2.88 percent. The minimum value, 0.12 percent, was reached in 2020 while the maximum of 13.89 percent was recorded in 1981.

  14. Inflation rate in Canada 2030

    • statista.com
    • ai-chatbox.pro
    Updated May 21, 2025
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    Statista (2025). Inflation rate in Canada 2030 [Dataset]. https://www.statista.com/statistics/271247/inflation-rate-in-canada/
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    Dataset updated
    May 21, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Canada
    Description

    The statistic shows the average inflation rate in Canada from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year. For comparison, inflation in India amounted to 5.56 percent that same year. Inflation in Canada In general, the inflation rate in Canada follows a global trend of decreasing inflation rates since 2011, with the lowest slump expected to occur during 2015, but forecasts show an increase over the following few years. Additionally, Canada's inflation rate is in quite good shape compared to the rest of the world. While oil and gas prices have dropped in Canada much like they have around the world, food and housing prices in Canada have been increasing. This has helped to offset some of the impact of dropping oil and gas prices and the effect this has had on Canada´s inflation rate. The annual consumer price index of food and non-alcoholic beverages in Canada has been steadily increasing over the last decade. The same is true for housing and other price indexes for the country. In general there is some confidence that the inflation rate will not stay this low for long, it is expected to return to a comfortable 2 percent by 2017 if estimates are correct.

  15. J

    Japan Inflation forecast - data, chart | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Feb 26, 2018
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    Globalen LLC (2018). Japan Inflation forecast - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Japan/inflation_outlook_imf/
    Explore at:
    excel, xml, csvAvailable download formats
    Dataset updated
    Feb 26, 2018
    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
    Dec 31, 1980 - Dec 31, 2030
    Area covered
    Japan
    Description

    Japan: Inflation forecast: The latest value from 2030 is 2.01 percent, a decline from 2.02 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Japan from 1980 to 2030 is 1.14 percent. The minimum value, -2 percent, was reached in 2009 while the maximum of 7.24 percent was recorded in 1980.

  16. United States FRB Cleveland Forecast: Inflation Nowcast: CPI: YoY

    • ceicdata.com
    Updated Feb 15, 2025
    + more versions
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    CEICdata.com (2025). United States FRB Cleveland Forecast: Inflation Nowcast: CPI: YoY [Dataset]. https://www.ceicdata.com/en/united-states/consumer-price-index-urban-forecast-federal-reserve-bank-of-cleveland/frb-cleveland-forecast-inflation-nowcast-cpi-yoy-
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEIC Data
    License

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

    Time period covered
    Jun 1, 2017 - May 1, 2018
    Area covered
    United States
    Description

    United States FRB Cleveland Forecast: Inflation Nowcast: Consumer Price Index (CPI): YoY data was reported at 2.291 % in Nov 2018. This records a decrease from the previous number of 2.484 % for Oct 2018. United States FRB Cleveland Forecast: Inflation Nowcast: Consumer Price Index (CPI): YoY data is updated monthly, averaging 1.597 % from Aug 2013 (Median) to Nov 2018, with 64 observations. The data reached an all-time high of 2.935 % in Jul 2018 and a record low of -0.184 % in Apr 2015. United States FRB Cleveland Forecast: Inflation Nowcast: Consumer Price Index (CPI): YoY data remains active status in CEIC and is reported by Federal Reserve Bank of Cleveland. The data is categorized under Global Database’s United States – Table US.I003: Consumer Price Index: Urban: Forecast: Federal Reserve Bank of Cleveland.

  17. U

    United States SCE: Distribution of 3 Year Ahead Expected Inflation Rate: 3%...

    • ceicdata.com
    Updated Feb 15, 2025
    + more versions
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    CEICdata.com (2025). United States SCE: Distribution of 3 Year Ahead Expected Inflation Rate: 3% to 4% [Dataset]. https://www.ceicdata.com/en/united-states/survey-of-consumer-expectations-inflation/sce-distribution-of-3-year-ahead-expected-inflation-rate-3-to-4
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    Dataset updated
    Feb 15, 2025
    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, 2024 - Feb 1, 2025
    Area covered
    United States
    Description

    United States SCE: Distribution of 3 Year Ahead Expected Inflation Rate: 3% to 4% data was reported at 10.561 % in Apr 2025. This records a decrease from the previous number of 10.582 % for Mar 2025. United States SCE: Distribution of 3 Year Ahead Expected Inflation Rate: 3% to 4% data is updated monthly, averaging 13.073 % from Jun 2013 (Median) to Apr 2025, with 143 observations. The data reached an all-time high of 17.812 % in Dec 2018 and a record low of 6.928 % in Jun 2022. United States SCE: Distribution of 3 Year Ahead Expected Inflation Rate: 3% to 4% data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.H078: Survey of Consumer Expectations: Inflation.

  18. T

    Turkey Inflation Rate

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 3, 2025
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    TRADING ECONOMICS (2025). Turkey Inflation Rate [Dataset]. https://tradingeconomics.com/turkey/inflation-cpi
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    json, excel, xml, csvAvailable download formats
    Dataset updated
    Jun 3, 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, 1965 - Jul 31, 2025
    Area covered
    Türkiye
    Description

    Inflation Rate in Turkey decreased to 33.52 percent in July from 35.05 percent in June of 2025. This dataset provides the latest reported value for - Turkey Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  19. Inflation Expectations

    • clevelandfed.org
    csv
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    Federal Reserve Bank of Cleveland, Inflation Expectations [Dataset]. https://www.clevelandfed.org/indicators-and-data/inflation-expectations
    Explore at:
    csvAvailable download formats
    Dataset authored and provided by
    Federal Reserve Bank of Clevelandhttps://www.clevelandfed.org/
    License

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

    Description

    We report average expected inflation rates over the next one through 30 years. Our estimates of expected inflation rates are calculated using a Federal Reserve Bank of Cleveland model that combines financial data and survey-based measures. Released monthly.

  20. United States SCE: Distribution of 5 Year Ahead Expected Inflation Rate: 0%...

    • ceicdata.com
    Updated Feb 14, 2025
    + more versions
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    CEICdata.com (2025). United States SCE: Distribution of 5 Year Ahead Expected Inflation Rate: 0% to 1% [Dataset]. https://www.ceicdata.com/en/united-states/survey-of-consumer-expectations-inflation/sce-distribution-of-5-year-ahead-expected-inflation-rate-0-to-1
    Explore at:
    Dataset updated
    Feb 14, 2025
    Dataset provided by
    CEIC Data
    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, 2024 - Feb 1, 2025
    Area covered
    United States
    Description

    United States SCE: Distribution of 5 Year Ahead Expected Inflation Rate: 0% to 1% data was reported at 7.303 % in Apr 2025. This records a decrease from the previous number of 11.681 % for Mar 2025. United States SCE: Distribution of 5 Year Ahead Expected Inflation Rate: 0% to 1% data is updated monthly, averaging 11.248 % from Jan 2022 (Median) to Apr 2025, with 40 observations. The data reached an all-time high of 13.085 % in Jul 2024 and a record low of 7.303 % in Apr 2025. United States SCE: Distribution of 5 Year Ahead Expected Inflation Rate: 0% to 1% data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.H078: Survey of Consumer Expectations: Inflation.

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Statista (2024). 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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U.S. projected annual inflation rate 2010-2029

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48 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Aug 21, 2024
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 .

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