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.
Looking for forecasts? FocusEconomics Consensus Forecasts cover approx. 30 macro-economic indicators per country for a 5-year forecast period and quarterly forecasts for the most important economic variables. Get Details.
Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Albania | 1.9 | 1.6 | 1.9 | 1.3 | 2.0 |
| Algeria | 4.1 | 3.9 | 4.4 | 5.8 | 5.9 |
| Angola | 8.8 | 7.3 | 10.3 | 32.4 | 31.7 |
| Argentina | 18.4 | 38.0 | 26.7 | 41.2 | 27.7 |
| Armenia | 5.8 | 3.0 | 3.7 | -1.4 | 1.0 |
| Australia | 2.4 | 2.5 | 1.5 | 1.3 | 1.9 |
| Austria | 2.0 | 1.6 | 0.9 | 0.9 | 2.1 |
| Azerbaijan | 2.4 | 1.4 | 4.0 | 12.4 | 12.9 |
| Bahrain | 3.3 | 2.7 | 1.9 | 2.8 | 1.4 |
| Belarus | 18.3 | 18.1 | 13.5 | 11.8 | 6.0 |
| Belgium | 1.1 | 0.3 | 0.6 | 2.0 | 2.1 |
| Belize | 0.5 | 1.2 | -0.9 | 0.7 | 1.1 |
| Bolivia | 5.7 | 5.8 | 4.1 | 3.6 | 2.8 |
| Bosnia and Herzegovina | -0.1 | -0.9 | -1.1 | -1.6 | 0.8 |
| Botswana | 5.9 | 4.4 | 3.1 | 2.8 | 3.3 |
| Brazil | 6.2 | 6.3 | 9.0 | 8.7 | 3.4 |
| Brunei | 0.4 | -0.2 | -0.4 | -0.7 | -0.2 |
| Bulgaria | 0.9 | -1.4 | -0.1 | -0.8 | 2.1 |
| Cambodia | 2.9 | 3.9 | 1.2 | 3.0 | 2.9 |
| Canada | 0.9 | 1.9 | 1.1 | 1.4 | 1.6 |
| Chile | 1.8 | 4.4 | 4.4 | 3.8 | 2.2 |
| China | 2.6 | 2.0 | 1.4 | 2.0 | 1.6 |
| Colombia | 2.0 | 2.9 | 5.0 | 7.5 | 4.3 |
| Costa Rica | 5.2 | 4.5 | 0.8 | 0.0 | 1.6 |
| Croatia | 2.2 | -0.2 | -0.5 | -1.1 | 1.1 |
| Cyprus | -0.4 | -1.4 | -2.1 | -1.4 | 0.5 |
| Czech Republic | 1.4 | 0.3 | 0.3 | 0.7 | 2.5 |
| DR Congo | - | - | - | - | - |
| Denmark | 0.8 | 0.6 | 0.5 | 0.3 | 1.1 |
| Dominican Republic | 4.8 | 3.0 | 0.8 | 1.6 | 3.3 |
| Ecuador | 2.7 | 3.6 | 4.0 | 1.7 | 0.4 |
| Egypt | 9.5 | 10.1 | 10.4 | 13.8 | 29.5 |
| El Salvador | 0.8 | 1.1 | -0.7 | 0.6 | 1.0 |
| Estonia | 2.8 | -0.1 | -0.5 | 0.1 | 3.4 |
| Ethiopia | 8.1 | 7.4 | 10.1 | 7.3 | 10.9 |
| Eurozone | - | - | - | - | - |
| Finland | 1.5 | 1.0 | -0.2 | 0.4 | 0.8 |
| France | 0.9 | 0.5 | 0.0 | 0.2 | 1.0 |
| Georgia | -0.5 | 3.1 | 4.0 | 2.1 | 6.0 |
| Germany | 1.5 | 0.9 | 0.5 | 0.5 | 1.5 |
| Ghana | 8.3 | 15.5 | 17.2 | 17.5 | 12.4 |
| Greece | -0.9 | -1.3 | -1.7 | -0.8 | 1.1 |
| Guatemala | 4.3 | 3.4 | 2.4 | 4.5 | 4.4 |
| Haiti | 5.9 | 4.6 | 9.0 | 13.8 | 14.7 |
| Honduras | 5.2 | 6.1 | 3.2 | 2.7 | 3.9 |
| Hong Kong | 4.3 | 4.4 | 3.0 | 2.4 | 1.5 |
| Hungary | 1.7 | -0.2 | -0.1 | 0.4 | 2.4 |
| Iceland | 3.9 | 2.1 | 1.6 | 1.7 | 1.8 |
| India | 10.0 | 6.0 | 4.9 | 4.5 | 3.6 |
| Indonesia | 6.4 | 6.4 | 6.4 | 3.5 | 3.8 |
| Iran | 32.7 | 14.6 | 11.1 | 6.9 | 8.3 |
| Iraq | 1.9 | 2.2 | 1.4 | 0.5 | 0.1 |
| Ireland | 0.5 | 0.2 | -0.3 | 0.0 | 0.3 |
| Israel | 1.5 | 0.5 | -0.6 | -0.5 | 0.2 |
| Italy | 1.2 | 0.3 | 0.0 | -0.1 | 1.2 |
| Jamaica | 9.4 | 8.3 | 3.7 | 2.4 | 4.4 |
| Japan | 0.4 | 2.8 | 0.8 | -0.1 | 0.5 |
| Jordan | 4.8 | 2.9 | -0.9 | -0.8 | 3.3 |
| Kazakhstan | 5.8 | 6.7 | 6.6 | 14.7 | 7.4 |
| Kenya | 5.7 | 6.9 | 6.6 | 6.3 | 8.0 |
| Korea | 1.3 | 1.3 | 0.7 | 1.0 | 1.9 |
| Kosovo | 1.8 | 0.4 | -0.5 | 0.3 | 1.5 |
| Kuwait | 2.7 | 2.9 | 3.3 | 3.0 | 1.5 |
| Kyrgyzstan | 6.7 | 7.5 | 6.6 | 0.4 | 3.2 |
| Laos | 6.4 | 4.2 | 1.3 | 1.6 | 0.8 |
| Latvia | 0.0 | 0.6 | 0.2 | 0.2 | 2.9 |
| Lebanon | 4.8 | 1.9 | -3.8 | -0.8 | 4.5 |
| Lithuania | 1.1 | 0.1 | -0.9 | 0.9 | 3.7 |
| Luxembourg | 1.7 | 0.6 | 0.5 | 0.3 | 1.7 |
| Malaysia | 2.1 | 3.1 | 2.1 | 2.1 | 3.8 |
| Malta | 1.4 | 0.3 | 1.1 | 0.6 | 1.4 |
| Mexico | 3.8 | 4.0 | 2.7 | 2.8 | 6.0 |
| Moldova | 4.6 | 5.1 | 9.7 | 6.4 | 6.6 |
| Montenegro | 2.2 | -0.7 | 1.5 | -0.3 | 2.4 |
| Morocco | 1.9 | 0.4 | 1.6 | 1.6 | 0.8 |
| Mozambique | 4.3 | 2.6 | 3.6 | 19.9 | 15.1 |
| Myanmar | 5.8 | 5.0 | 9.4 | 7.0 | 4.6 |
| Netherlands | 2.5 | 1.0 | 0.6 | 0.3 | 1.4 |
| New Zealand | 1.1 | 1.2 | 0.3 | 0.6 | 1.9 |
| Nicaragua | 7.1 | 6.0 | 4.0 | 3.5 | 3.9 |
| Nigeria | 8.5 | 8.1 | 9.0 | 15.7 | 16.5 |
| North Macedonia | 2.8 | -0.3 | -0.3 | -0.2 | 1.4 |
| Norway | 2.1 | 2.0 | 2.2 | 3.6 | 1.9 |
| Oman | 1.1 | 1.0 | 0.1 | 1.1 | 1.6 |
| Panama | 4.0 | 2.9 | 0.2 | 0.7 | 0.9 |
| Paraguay | 2.7 | 5.0 | 3.1 | 4.1 | 3.6 |
| Peru | 2.8 | 3.3 | 3.6 | 3.6 | 2.8 |
| Philippines | 2.6 | 3.6 | 0.7 | 1.3 | 2.9 |
| Poland | 0.9 | 0.0 | -0.9 | -0.6 | 2.0 |
| Portugal | 0.3 | -0.3 | 0.5 | 0.6 | 1.4 |
| Puerto Rico | 0.9 | 0.9 | -0.3 | -0.2 | 0.6 |
| Qatar | 3.2 | 3.4 | 1.7 | 2.8 | 0.4 |
| Romania | 4.0 | 1.1 | -0.6 | -1.5 | 1.3 |
| Russia | 6.8 | 7.8 | 15.5 | 7.1 | 3.7 |
| Saudi Arabia | 3.5 | 2.2 | 1.2 | 2.1 | -0.8 |
| Serbia | 7.9 | 2.1 | 1.4 | 1.1 | 3.2 |
| Singapore | 2.4 | 1.0 | -0.5 | -0.5 | 0.6 |
| Slovakia | 1.4 | -0.1 | -0.3 | -0.5 | 1.3 |
| Slovenia | 1.8 | 0.2 | -0.5 | -0.1 | 1.4 |
| South Africa | 5.8 | 6.1 | 4.6 | 6.3 | 5.3 |
| Spain | 1.4 | -0.2 | -0.5 | -0.2 | 2.0 |
| Sweden | -0.1 | -0.2 | 0.0 | 1.0 | 1.8 |
| Switzerland | -0.2 | 0.0 | -1.1 | -0.4 | 0.5 |
| Taiwan | 0.8 | 1.2 | -0.3 | 1.4 | 0.6 |
| Tajikistan | 5.1 | 6.1 | 5.7 | 6.0 | 7.3 |
| Tanzania | 7.9 | 6.1 | 5.6 | 5.2 | 5.3 |
| Thailand | 2.2 | 1.9 | -0.9 | 0.2 | 0.7 |
| Trinidad and Tobago | 5.2 | 5.7 | 4.7 | 3.1 | 1.9 |
| Tunisia | 5.8 | 4.9 | 4.8 | 3.6 | 5.3 |
| Turkey | 7.5 | 8.9 | 7.7 | 7.8 | 11.1 |
| Turkmenistan | 6.8 | 6.0 | 7.4 | 3.6 | 8.0 |
| USA | 1.5 | 1.6 | 0.1 | 1.3 | 2.1 |
| Uganda | 4.9 | 3.1 | 5.4 | 5.5 | 5.6 |
| Ukraine | -0.3 | 12.1 | 48.5 | 14.9 | 14.5 |
| United Arab Emirates | 1.1 | 2.3 | 4.1 | 1.6 | 2.0 |
| United Kingdom | 2.6 | 1.5 | 0.0 | 0.7 | 2.7 |
| Uruguay | 8.6 | 8.9 | 8.7 | 9.6 | 6.2 |
| Uzbekistan | 11.7 | 9.1 | 8.5 | 8.8 | 13.9 |
| Venezuela | 40.7 | 62.2 | 122 | 255 | 438 |
| Vietnam | 6.6 | 4.1 | 0.6 | 2.7 | 3.5 |
| Yemen | 11.0 | 8.2 | 12.0 | -12.6 | 24.7 |
| Zambia | 7.0 | 7.8 | 10.1 | 17.9 | 6.6 |
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Inflation Economic News
Eurozone: Inflation falls to over two-year low in July
August 19, 2019
Complete data revealed harmonized inflation fell to 1.0% in July from June’s 1.2%, a notch below the preliminary estimate of 1.1% and marking the lowest reading since November 2016.
Slovakia: Inflation rises to over-year high in July
August 19, 2019
Consumer prices rose 0.1% month-on-month in July, matching June’s result.
Guatemala: Inflation eases in July
August 19, 2019
Consumer prices fell 0.06% over the prior month in July, contrasting the 0.83% increase in June.
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