The latest plotted observation compared with the one immediately before it.
Consumer price inflation
The annual percentage change in the consumer price index, a basket intended to represent household purchases.
World · 2025
One period comparison, not annualized
Observed source series
Explain this chart
Demand, Energy and food costs, Wages
National baskets and methods differ, and a national average can hide large differences among households.
View accessible data table
| Period | Value | Status |
|---|---|---|
| 2025 | 3% | observed |
| 2024 | 3% | observed |
| 2023 | 5.8% | observed |
| 2022 | 8.1% | observed |
| 2021 | 3.5% | observed |
| 2020 | 1.9% | observed |
| 2019 | 2.2% | observed |
| 2018 | 2.4% | observed |
| 2017 | 2.2% | observed |
| 2016 | 1.6% | observed |
Why it matters
Inflation changes what income and savings can buy and influences wages, interest rates, and public policy.
- Households
- Savers
- Borrowers
- Businesses
- 01Demand
- 02Energy and food costs
- 03Wages
- 04Exchange rates
- 05Supply disruptions
These are common mechanisms, not claims about what caused the latest movement.
Limits of this data
National baskets and methods differ, and a national average can hide large differences among households.
Revision status: The API does not expose a revision flag for these observations. Treat recent values as revisable.
World Bank: World Development Indicators
Series FP.CPI.TOTL.ZG. Snapshot retrieved Aug 17, 2026. Reporting frequency: annual. Seasonal adjustment: source dependent.
Series source organization: International Financial Statistics database, International Monetary Fund (IMF)
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.
World Economy independently selected, cached, and transformed this WDI subset. The World Bank and upstream source organizations do not endorse this product.