Inflation Rate (CPI, annual variation in %)
Inflation refers to an overall increase in the Consumer Price Index (CPI), which is a weighted average of prices for different goods. The set of goods that make up the index depends on which are considered representative of a common consumption basket. Therefore, depending on the country and the consumption habits of the majority of the population, the index will comprise different goods. Some goods might record a drop in prices, whereas others may increase, thus the overall value of the CPI will depend on the weight of each of the goods with respect to the whole basket. Annual inflation, refers to the percent change of the CPI compared to the same month of the previous year.
The table below shows annual inflation by country for the last five years.
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Inflation Data
| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Albania | 1.6 | 1.9 | 1.3 | 2.0 | - |
| Algeria | 3.9 | 4.4 | 5.8 | 5.9 | - |
| Angola | 7.3 | 10.3 | 32.4 | 31.7 | - |
| Argentina | 38.0 | 26.7 | 41.2 | 27.7 | - |
| Armenia | 3.0 | 3.7 | -1.4 | 1.0 | - |
| Australia | 2.5 | 1.5 | 1.3 | 1.9 | - |
| Austria | 1.6 | 0.9 | 0.9 | 2.1 | - |
| Azerbaijan | 1.4 | 4.0 | 12.4 | 12.9 | - |
| Bahrain | 2.7 | 1.9 | 2.8 | 1.4 | - |
| Belarus | 18.1 | 13.5 | 11.8 | 6.0 | - |
| Belgium | 0.3 | 0.6 | 2.0 | 2.1 | - |
| Belize | 1.2 | -0.9 | 0.7 | 1.1 | - |
| Bolivia | 5.8 | 4.1 | 3.6 | 2.8 | - |
| Bosnia and Herzegovina | -0.9 | -1.1 | -1.6 | 0.8 | - |
| Botswana | 4.4 | 3.1 | 2.8 | 3.3 | - |
| Brazil | 6.3 | 9.0 | 8.7 | 3.4 | - |
| Brunei | -0.2 | -0.4 | -0.7 | -0.2 | - |
| Bulgaria | -1.4 | -0.1 | -0.8 | 2.1 | - |
| Cambodia | 3.9 | 1.2 | 3.0 | 2.9 | - |
| Canada | 1.9 | 1.1 | 1.4 | 1.6 | - |
| Chile | 4.4 | 4.4 | 3.8 | 2.2 | - |
| China | 2.0 | 1.4 | 2.0 | 1.6 | - |
| Colombia | 2.9 | 5.0 | 7.5 | 4.3 | - |
| Costa Rica | 4.5 | 0.8 | 0.0 | 1.6 | - |
| Croatia | -0.2 | -0.5 | -1.1 | 1.1 | - |
| Cyprus | -1.4 | -2.1 | -1.4 | 0.5 | - |
| Czech Republic | 0.3 | 0.3 | 0.7 | 2.5 | - |
| DR Congo | - | - | - | - | - |
| Denmark | 0.6 | 0.5 | 0.3 | 1.1 | - |
| Dominican Republic | 3.0 | 0.8 | 1.6 | 3.3 | - |
| Ecuador | 3.6 | 4.0 | 1.7 | 0.4 | - |
| Egypt | 10.1 | 10.4 | 13.8 | 29.5 | - |
| El Salvador | 1.1 | -0.7 | 0.6 | 1.0 | - |
| Estonia | -0.1 | -0.5 | 0.1 | 3.4 | - |
| Ethiopia | 7.4 | 10.1 | 7.3 | 10.9 | - |
| Eurozone | - | - | - | - | - |
| Finland | 1.0 | -0.2 | 0.4 | 0.8 | - |
| France | 0.5 | 0.0 | 0.2 | 1.0 | - |
| Georgia | 3.1 | 4.0 | 2.1 | 6.0 | - |
| Germany | 0.9 | 0.5 | 0.5 | 1.5 | - |
| Ghana | 15.5 | 17.2 | 17.5 | 12.4 | - |
| Greece | -1.3 | -1.7 | -0.8 | 1.1 | - |
| Guatemala | 3.4 | 2.4 | 4.5 | 4.4 | - |
| Haiti | 4.6 | 9.0 | 13.8 | 14.7 | - |
| Honduras | 6.1 | 3.2 | 2.7 | 3.9 | - |
| Hong Kong | 4.4 | 3.0 | 2.4 | 1.5 | - |
| Hungary | -0.2 | -0.1 | 0.4 | 2.4 | - |
| Iceland | 2.1 | 1.6 | 1.7 | 1.8 | - |
| India | 6.0 | 4.9 | 4.5 | 3.6 | - |
| Indonesia | 6.4 | 6.4 | 3.5 | 3.8 | - |
| Iran | 14.6 | 11.1 | 6.9 | 8.3 | - |
| Iraq | 2.2 | 1.4 | 0.5 | 0.1 | - |
| Ireland | 0.2 | -0.3 | 0.0 | 0.3 | - |
| Israel | 0.5 | -0.6 | -0.5 | 0.2 | - |
| Italy | 0.3 | 0.0 | -0.1 | 1.2 | - |
| Jamaica | 8.3 | 3.7 | 2.4 | 4.4 | - |
| Japan | 2.8 | 0.8 | -0.1 | 0.5 | - |
| Jordan | 2.9 | -0.9 | -0.8 | 3.3 | - |
| Kazakhstan | 6.7 | 6.6 | 14.7 | 7.4 | - |
| Kenya | 6.9 | 6.6 | 6.3 | 8.0 | - |
| Korea | 1.3 | 0.7 | 1.0 | 1.9 | - |
| Kosovo | 0.4 | -0.5 | 0.3 | 1.5 | - |
| Kuwait | 2.9 | 3.3 | 3.0 | 1.5 | - |
| Kyrgyzstan | 7.5 | 6.6 | 0.4 | 3.2 | - |
| Laos | 4.2 | 1.3 | 1.6 | 0.8 | - |
| Latvia | 0.6 | 0.2 | 0.2 | 2.9 | - |
| Lebanon | 1.9 | -3.8 | -0.8 | 4.5 | - |
| Lithuania | 0.1 | -0.9 | 0.9 | 3.7 | - |
| Luxembourg | 0.6 | 0.5 | 0.3 | 1.7 | - |
| Malaysia | 3.1 | 2.1 | 2.1 | 3.8 | - |
| Malta | 0.3 | 1.1 | 0.6 | 1.4 | - |
| Mexico | 4.0 | 2.7 | 2.8 | 6.0 | - |
| Moldova | 5.1 | 9.7 | 6.4 | 6.6 | - |
| Montenegro | -0.7 | 1.5 | -0.3 | 2.4 | - |
| Morocco | 0.4 | 1.6 | 1.6 | 0.8 | - |
| Mozambique | 2.6 | 3.6 | 19.9 | 15.1 | - |
| Myanmar | 5.0 | 9.4 | 7.0 | 4.6 | - |
| Netherlands | 1.0 | 0.6 | 0.3 | 1.4 | - |
| New Zealand | 1.2 | 0.3 | 0.6 | 1.9 | - |
| Nicaragua | 6.0 | 4.0 | 3.5 | 3.9 | - |
| Nigeria | 8.1 | 9.0 | 15.7 | 16.5 | - |
| North Macedonia | -0.3 | -0.3 | -0.2 | 1.4 | - |
| Norway | 2.0 | 2.2 | 3.6 | 1.9 | - |
| Oman | 1.0 | 0.1 | 1.1 | 1.6 | - |
| Panama | 2.9 | 0.2 | 0.7 | 0.9 | - |
| Paraguay | 5.0 | 3.1 | 4.1 | 3.6 | - |
| Peru | 3.3 | 3.6 | 3.6 | 2.8 | - |
| Philippines | 3.6 | 0.7 | 1.3 | 2.9 | - |
| Poland | 0.0 | -0.9 | -0.6 | 2.0 | - |
| Portugal | -0.3 | 0.5 | 0.6 | 1.4 | - |
| Puerto Rico | 0.9 | -0.3 | -0.2 | 0.6 | - |
| Qatar | 3.4 | 1.7 | 2.8 | 0.4 | - |
| Romania | 1.1 | -0.6 | -1.5 | 1.3 | - |
| Russia | 7.8 | 15.5 | 7.1 | 3.7 | - |
| Saudi Arabia | 2.2 | 1.2 | 2.1 | -0.8 | - |
| Serbia | 2.1 | 1.4 | 1.1 | 3.2 | - |
| Singapore | 1.0 | -0.5 | -0.5 | 0.6 | - |
| Slovakia | -0.1 | -0.3 | -0.5 | 1.3 | - |
| Slovenia | 0.2 | -0.5 | -0.1 | 1.4 | - |
| South Africa | 6.1 | 4.6 | 6.3 | 5.3 | - |
| Spain | -0.2 | -0.5 | -0.2 | 2.0 | - |
| Sweden | -0.2 | 0.0 | 1.0 | 1.8 | - |
| Switzerland | 0.0 | -1.1 | -0.4 | 0.5 | - |
| Taiwan | 1.2 | -0.3 | 1.4 | 0.6 | - |
| Tajikistan | 6.1 | 5.7 | 6.0 | 7.3 | - |
| Tanzania | 6.1 | 5.6 | 5.2 | 5.3 | - |
| Thailand | 1.9 | -0.9 | 0.2 | 0.7 | - |
| Trinidad and Tobago | 5.7 | 4.7 | 3.1 | 1.9 | - |
| Tunisia | 4.9 | 4.8 | 3.6 | 5.3 | - |
| Turkey | 8.9 | 7.7 | 7.8 | 11.1 | - |
| Turkmenistan | 6.0 | 7.4 | 3.6 | 8.0 | - |
| USA | 1.6 | 0.1 | 1.3 | 2.1 | - |
| Uganda | 3.1 | 5.4 | 5.5 | 5.6 | - |
| Ukraine | 12.1 | 48.5 | 14.9 | 14.5 | - |
| United Arab Emirates | 2.3 | 4.1 | 1.6 | 2.0 | - |
| United Kingdom | 1.5 | 0.0 | 0.7 | 2.7 | - |
| Uruguay | 8.9 | 8.7 | 9.6 | 6.2 | - |
| Uzbekistan | 9.1 | 8.5 | 8.8 | 13.9 | - |
| Venezuela | 62.2 | 122 | 255 | 438 | - |
| Vietnam | 4.1 | 0.6 | 2.7 | 3.5 | - |
| Yemen | 8.2 | 12.0 | -12.6 | 24.7 | - |
| Zambia | 7.8 | 10.1 | 17.9 | 6.6 | - |
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Inflation Economic News
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Japan: Core inflation accelerates in December
January 24, 2020
The core consumer price index increased 0.1% in month-on-month seasonally-adjusted terms in December, following November’s 0.2% rise.
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New Zealand: Inflation accelerates in Q4
January 24, 2020
Consumer prices increased 0.5% in Q4 2019 over the previous quarter, down slightly from Q3’s 0.7% rise but beating analysts’ expectations of a 0.4% increase, according to Statistics New Zealand.
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Malaysia: Inflation edges up in December
January 22, 2020
Consumer prices increased 0.9% over the prior month in December, up from the 0.1% rise in November.
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