This page allows you to compare the current inflation rates for a large number of countries and regions. You can find inflation figures based on CPI (consumer price index) as well as HICP (harmonised consumer price index).
If you click on the name of the country or region you will come to a page with extensive supplementary information.
Country/Region
|
Type
|
Period
|
Monthly basis
|
Yearly basis
|
|
---|---|---|---|---|---|
CPI Austria |
Austria
|
CPI
|
Oct 2024
|
0.32 %
|
1.81 %
|
CPI Belgium |
Belgium
|
CPI
|
Oct 2024
|
0.48 %
|
3.20 %
|
CPI Brazil |
Brazil
|
CPI
|
Oct 2024
|
0.56 %
|
4.76 %
|
CPI Canada |
Canada
|
CPI
|
Oct 2024
|
0.43 %
|
2.02 %
|
CPI Chile |
Chile
|
CPI
|
Oct 2024
|
0.98 %
|
4.72 %
|
CPI China |
China
|
CPI
|
Oct 2024
|
-0.19 %
|
0.29 %
|
CPI Czech Republic |
Czech Republic
|
CPI
|
Oct 2024
|
0.33 %
|
2.84 %
|
CPI Denmark |
Denmark
|
CPI
|
Oct 2024
|
0.59 %
|
1.61 %
|
CPI Estonia |
Estonia
|
CPI
|
Oct 2024
|
0.60 %
|
4.08 %
|
CPI Finland |
Finland
|
CPI
|
Oct 2024
|
0.54 %
|
1.07 %
|
CPI France |
France
|
CPI
|
Oct 2024
|
0.28 %
|
1.23 %
|
CPI Germany |
Germany
|
CPI
|
Oct 2024
|
0.42 %
|
2.04 %
|
CPI Greece |
Greece
|
CPI
|
Oct 2024
|
0.02 %
|
2.38 %
|
CPI Hungary |
Hungary
|
CPI
|
Oct 2024
|
0.09 %
|
3.17 %
|
CPI Iceland |
Iceland
|
CPI
|
Oct 2024
|
0.29 %
|
5.07 %
|
CPI India |
India
|
CPI
|
Sep 2024
|
0.49 %
|
4.22 %
|
CPI Indonesia |
Indonesia
|
CPI
|
Oct 2024
|
0.08 %
|
1.62 %
|
CPI Ireland |
Ireland
|
CPI
|
Oct 2024
|
0.30 %
|
0.70 %
|
CPI Israel |
Israel
|
CPI
|
Oct 2024
|
0.46 %
|
3.51 %
|
CPI Italy |
Italy
|
CPI
|
Oct 2024
|
0.00 %
|
0.92 %
|
CPI Japan |
Japan
|
CPI
|
Oct 2024
|
0.55 %
|
2.24 %
|
CPI Luxembourg |
Luxembourg
|
CPI
|
Oct 2024
|
-0.32 %
|
0.95 %
|
CPI Mexico |
Mexico
|
CPI
|
Oct 2024
|
0.55 %
|
4.76 %
|
CPI Norway |
Norway
|
CPI
|
Oct 2024
|
0.60 %
|
2.59 %
|
CPI Poland |
Poland
|
CPI
|
Oct 2024
|
0.32 %
|
5.06 %
|
CPI Portugal |
Portugal
|
CPI
|
Oct 2024
|
0.06 %
|
2.32 %
|
CPI Russia |
Russia
|
CPI
|
Mar 2022
|
7.61 %
|
16.70 %
|
CPI Slovakia |
Slovakia
|
CPI
|
Oct 2024
|
0.68 %
|
3.10 %
|
CPI Slovenia |
Slovenia
|
CPI
|
Oct 2024
|
-0.45 %
|
-0.02 %
|
CPI South Korea |
South Korea
|
CPI
|
Oct 2024
|
0.03 %
|
1.25 %
|
CPI South-Africa |
South Africa
|
CPI
|
Oct 2024
|
0.00 %
|
2.83 %
|
CPI Spain |
Spain
|
CPI
|
Oct 2024
|
0.62 %
|
1.80 %
|
CPI Sweden |
Sweden
|
CPI
|
Oct 2024
|
0.23 %
|
1.57 %
|
CPI Switzerland |
Switzerland
|
CPI
|
Oct 2024
|
-0.13 %
|
0.62 %
|
CPI The Netherlands |
The Netherlands
|
CPI
|
Nov 2024
|
-0.60 %
|
4.00 %
|
CPI Türkiye |
Türkiye
|
CPI
|
Oct 2024
|
2.88 %
|
48.58 %
|
CPI United Kingdom |
United Kingdom
|
CPI
|
Oct 2024
|
0.60 %
|
3.15 %
|
CPI United States |
United States
|
CPI
|
Oct 2024
|
0.12 %
|
2.60 %
|
HICP Austria |
Austria
|
HICP
|
Oct 2024
|
0.37 %
|
1.81 %
|
HICP Belgium |
Belgium
|
HICP
|
Oct 2024
|
0.52 %
|
4.52 %
|
HICP Czech Republic |
Czech Republic
|
HICP
|
Oct 2024
|
0.26 %
|
3.04 %
|
HICP Denmark |
Denmark
|
HICP
|
Oct 2024
|
0.67 %
|
1.61 %
|
HICP Estonia |
Estonia
|
HICP
|
Oct 2024
|
0.80 %
|
4.49 %
|
HICP Europe |
Europe
|
HICP
|
Nov 2024
|
-0.27 %
|
2.30 %
|
HICP Finland |
Finland
|
HICP
|
Oct 2024
|
0.77 %
|
1.50 %
|
HICP France |
France
|
HICP
|
Oct 2024
|
0.32 %
|
1.59 %
|
HICP Germany |
Germany
|
HICP
|
Oct 2024
|
0.39 %
|
2.36 %
|
HICP Greece |
Greece
|
HICP
|
Oct 2024
|
0.07 %
|
3.07 %
|
HICP Hungary |
Hungary
|
HICP
|
Oct 2024
|
0.07 %
|
3.36 %
|
HICP Iceland |
Iceland
|
HICP
|
Oct 2024
|
-0.15 %
|
3.76 %
|
HICP Ireland |
Ireland
|
HICP
|
Oct 2024
|
0.25 %
|
0.08 %
|
HICP Italy |
Italy
|
HICP
|
Oct 2024
|
0.33 %
|
0.98 %
|
HICP Lithuania |
Lithuania
|
HICP
|
Oct 2024
|
0.06 %
|
0.13 %
|
HICP Luxembourg |
Luxembourg
|
HICP
|
Oct 2024
|
-0.06 %
|
0.85 %
|
HICP Poland |
Poland
|
HICP
|
Oct 2024
|
0.33 %
|
4.23 %
|
HICP Portugal |
Portugal
|
HICP
|
Oct 2024
|
-0.35 %
|
2.64 %
|
HICP Slovakia |
Slovakia
|
HICP
|
Oct 2024
|
0.76 %
|
3.52 %
|
HICP Slovenia |
Slovenia
|
HICP
|
Oct 2024
|
-0.26 %
|
0.05 %
|
HICP Spain |
Spain
|
HICP
|
Oct 2024
|
0.40 %
|
1.82 %
|
HICP Sweden |
Sweden
|
HICP
|
Oct 2024
|
0.47 %
|
1.63 %
|
HICP The Netherlands |
The Netherlands
|
HICP
|
Nov 2024
|
-1.02 %
|
3.80 %
|
HICP Türkiye |
Türkiye
|
HICP
|
Oct 2024
|
2.88 %
|
48.66 %
|
HICP United Kingdom |
United Kingdom
|
HICP
|
Oct 2024
|
0.60 %
|
2.27 %
|
Not found |
Not found
|
HICP
|
Oct 2024
|
0.65 %
|
1.99 %
|
Our content is based on reliable sources. However, we do not accept liability for any errors. The content of this website is for informational purposes only and is not intended as financial advice. Decisions you make based on the information we display are always at your own expense and risk.
Inflation means a reduction in the value of money; in other words, a rise in general price levels. The literal meaning of the word inflation is to blow up or get bigger. If the amount of money in a country - the money supply - grows faster than production in that country, the average price will rise as a result of the increased demand for goods and services.
Inflation can also be caused by higher costs being charged on to the end-user. These might be raw material costs or production costs which have risen, but could also be higher tax rates. These price rises cause the value of money to fall. You can therefore buy less with the same amount of money. But this does not need to have an immediate effect on purchasing power. Purchasing power only declines if wages rises less rapidly than prices.
Governments often strive for an inflation rate of around 2 to 3 percent per year. Such low inflation is beneficial for the economy. Low inflation encourages consumers to buy goods and services. Delaying will mean that they would have to pay more for the same product. Low inflation also makes it more appealing to borrow money, since interest rates are usually also low during periods of low inflation. Maintaining low inflation is therefore an important goal for governments and central banks because of the economic benefits.
As indicated above, limited inflation is good for the economy. But high inflation is less beneficial. High inflation can cause the population's confidence in their own currency and economy to decline, and it can be less appealing for foreign investors to invest in the country concerned. High inflation therefore often has a harmful effect on economic growth. If inflation gets too high, a country's central bank will often intervene by raising its interest rates and thus discourage the creation of money.
Current interest rates of a large number of central banks
The opposite of inflation is deflation. With deflation the real price level falls. You can therefore buy more and more with the same amount of money as time passes. Deflation is very bad for economic growth because it is very likely that consumers will postpone their purchases because they expect to have to pay less for them in the near future. In periods of deflation governments and central banks often seek to stimulate the economy, for example by lowering interest rates.
A wide range of inflation figures are recorded and published in most countries and regions. These include consumer prices and producer prices. These figures make it possible to monitor price developments closely. This website features the following inflation figures for a large number of countries:
CPI stands for 'consumer price index'. It is a measure of the average price that consumers spend on goods and services in a market-based 'basket' of goods and services. In order to calculate the CPI, the prices of a collection of goods and services need to be collected. These prices are then weighted on the basis of the share that they have of average consumer spending. For most countries the inflation based on the CPI is viewed as the most important inflation figure for the country. The CPI can be used to adjust things like wages/salaries and pensions.
There is no international standard for the CPI. Each country defines its own basket of goods and services and their weighting.
Current and historical CPI inflation rates by country
The European Central Bank (ECB) created the HICP, the Harmonised Index of Consumer Prices, in order to be able to compare consumer prices between the various EU countries. This is a consumer price index which is comparable to the CPI and which has been harmonised for the EU. The HICP is a weighted average of the price indices of the member states and is calculated for each country. The EU sets itself the goal of safeguarding price stability, which means an HICP of around 2% a year in the medium term.
Current and historical HICP inflation rates by country
Current and historical inflation figures are often used for various analyses. Therefore, it can be very useful to calculate the inflation over a specific period or to compare the inflation of different countries side by side. To make this easy, we offer an inflation calculator on global-rates.com.