Real interest rates describe the growth in the real value of the interest on a loan or deposit, adjusted for inflation. Nominal interest rates on the other hand show us the raw interest rate, which is unadjusted for inflation. If the inflation rate in a certain country were zero percent, the real and nominal interest rates would be the same number. As inflation reduces the real value of a loan, however, a positive inflation rate will mean that the nominal interest rate is more likely to be greater than the real interest rate. We can see this in the recent inflationary episode which has taken place in the wake of the Coronavirus pandemic, with nominal interest rates rising over the course of 2022, but still lagging far behind the rate of inflation, meaning these rate rises register as smaller increases in the real interest rate.

The Consumer Price Index in the United States increased 0.10 percent in May 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.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Services in U.S. City Average (CUSR0000SAS) from Jan 1956 to May 2025 about urban, consumer, services, CPI, inflation, price index, indexes, price, and USA.

Estimates for North America indicate that online prices of consumer electronics would increase by less than one percent in 2023, compared to the previous year. There was a significant year-over-year online price deflation in 2020, before prices started increasing in 2021.

By 2025, online prices of consumer electronics are estimated to maintain a positive inflation rate of one percent.

The enduring discourse regarding the effectiveness of interest rate policy in mitigating inflation within developing economies is characterized by the interplay of structural and supply-side determinants. Moreover, extant academic literature fails to resolve the direction of causality between inflation and interest rates. Nevertheless, the prevalent adoption of interest rate-based monetary policies in numerous developing economies raises a fundamental inquiry: What motivates central banks in these nations to consistently espouse this strategy? To address this inquiry, our study leverages wavelet transformation to dissect interest rate and inflation data across a spectrum of frequency scales. This innovative methodology paves the way for a meticulous exploration of the intricate causal interplay between these pivotal macroeconomic variables for twenty-two developing economies using monthly data from 1992 to 2022. Traditional literature on causality tends to focus on short- and long-run timescales, yet our study posits that numerous uncharted time and frequency scales exist between these extremes. These intermediate scales may wield substantial influence over the causal relationship and its direction. Our research thus extends the boundaries of existing causality literature and presents fresh insights into the complexities of monetary policy in developing economies. Traditional wisdom suggests that central banks should raise interest rates to combat inflation. However, our study uncovers a contrasting reality in developing economies. It demonstrates a positive causal link between the policy rate and inflation, where an increase in the central bank’s interest rates leads to an upsurge in price levels. Paradoxically, in response to escalating prices, the central bank continues to heighten the policy rate, thereby perpetuating this cyclical pattern. Given this observed positive causal relationship in developing economies, central banks must explore structural and supply-side factors to break this cycle and regain control over inflation.

Inflation Rate in Indonesia increased to 1.87 percent in June from 1.60 percent in May of 2025. This dataset provides - Indonesia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the Consumer Price Index (CPI). These nowcasts give a sense of where inflation is today. Released each business day.

About this dataset

Context

The dataset illustrates the median household income in Good Hope, spanning the years from 2010 to 2023, with all figures adjusted to 2023 inflation-adjusted dollars. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2023, the median household income for Good Hope decreased by $9,663 (9.58%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $5,602 (7.68%) between 2010 and 2023.

Analyzing the trend in median household income between the years 2010 and 2023, spanning 13 annual cycles, we observed that median household income, when adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 6 years and declined for 7 years.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 0223

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2023
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2023 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Good Hope median household income. You can refer the same here

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.

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.

Core Inflation Rate MoM in the United States decreased to 0.10 percent in May from 0.20 percent in April of 2025. This dataset includes a chart with historical data for the United States Core Inflation Rate MoM.

Inflation rates in the Association of Southeast Asian Nations (ASEAN) ranged from 31 percent inflation in Laos to 0.37 percent inflation in Brunei Darussalam. While countries like Vietnam are likely benefitting from more stable inflation than earlier seen, only a few countries are in the 2 to 6 percent range that many economists view as optimal for emerging economies. Effects of high inflation High inflation is generally detrimental to the economy. Prices tend to rise faster than wages, meaning that people and firms have less purchasing power. This in turn leads to slower growth in the gross domestic product (GDP). It also leads to a weaker currency. For countries with a positive trade balance this can be beneficial, because exports are relatively cheaper to foreign buyers. Through the same mechanism, net importers suffer from a weaker currency. Additionally, inflation makes a country’s national debt less expensive if the debt is denominated in the local currency. However, most of this debt is in U.S. dollars, so inflation makes the debt more difficult to service and repay. Risks of deflation With deflation, consumers and firms delay investments because they expect prices to be lower in the future. This slows consumption and investment, two major components of GDP growth. The most common example of this is Japan, where the GDP growth rate has been low for a long time due, in large part, to deflation. For this reason, countries like Brunei would rather see low and stable inflation than slight deflation.

In April 2025, the inflation rate for food in Ireland was at 3.4 percent. In comparison to the same month of the previous year, the cost of food increased by 0.7 percent. Since 2021, Ireland has a positive inflation after having a negative inflation from January 2017 to mid 2021. Food Inflation is reported by the Central Statistics Office Ireland.

In 2020, the average consumer price index (CPI) in the United Arab Emirates (UAE) was 106.73, implying a 6.7 percent increase in the price level compared to the base year of 2014. This was a slight year-on-year decrease, as the country’s 2019 CPI amounted to 109 index points.

Consumer price index (CPI) The consumer price index measures the changes in prices for a representative basket of goods and services, divided into several major categories, including food and beverages, housing, medical care, and education. In 2020, the CPI of beverages and tobacco in the UAE was estimated at 204.91 points, the highest among all categories of consumer spending that year. Meanwhile, the CPI for housing was around 100.63 index points that year.

Inflation rate The CPI is a frequently used indicator for inflation, as a positive change in the general price level suggests rising costs of living and declining purchasing power. In 2022, the nation’s inflation rate was projected to increase by nearly four percent compared to the previous year. Recent surges in the global inflation rate are likely attributable to accelerating oil prices, induced by the 2022 energy crisis.

In August 2024, the consumer price index for personal expenses in Brazil increased by 0.25 percent compared to the previous month. Since August 2020, the CPI for personal expenses has remained with a positive monthly variation rate.

The national consumer price index for housing in Brazil has been positive for the entirety of 2024, except in August, when it dropped to -0.51 percent.

Graph and download economic data for Producer Price Index by Industry: Polish and Other Sanitation Good Manufacturing (PCU325612325612) from Jun 1983 to May 2025 about goods, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Estimates for the European region (comprehensive of 44 countries) indicate that online prices of alcoholic beverages would increase by nearly four percent in 2023, compared to the previous year. There was a significant year-over-year online price deflation in 2019 and 2020, before prices started increasing again in 2021.

By 2025, online prices of alcoholic beverages are estimated to maintain a positive inflation rate of 4.2 percent.

Global developments play an important role for domestic inflation rates. Earlier literature has found that a substantial amount of the variation in a large set of national inflation rates can be explained by a single global factor. However, inflation volatility has been typically neglected, although it is clearly relevant both from a policy point of view and for structural analysis and forecasting. We study the evolution of inflation rates in several countries, using a novel model that allows for commonality in both levels and volatilities, in addition to country-specific components. We find that inflation volatility is indeed important, and a substantial fraction of it can be attributed to a global factor that is also driving inflation levels and their persistence. The extent of commonality among core inflation rates and volatilities is substantially smaller than for overall inflation, which leaves scope for national monetary policies. Finally, we show that the point and density forecasting performance of the model is good relative to standard benchmarks, which provides additional evidence on its reliability.