Inflation, annual by country: the latest data

* indicates monthly or quarterly data series
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* indicates monthly or quarterly data series
Percent change in the CPI from the same month last year.

Countries Latest value Reference Three months ago One year ago
Afghanistan 0.00 Jun / 2023 4.11 21.08
Albania 3.81 Oct / 2023 4.18 8.32
Algeria 10.34 Sep / 2023 8.70 8.85
Andorra 5.60 Oct / 2023 4.45 7.02
Angola 16.58 Oct / 2023 12.12 16.68
Antigua and Barbuda 9.25 Dec / 2022 8.62 1.22
Argentina 142.36 Oct / 2023 113.40 87.76
Armenia -0.45 Nov / 2023 -0.16 22.11
Aruba 1.69 Sep / 2023 2.85 7.02
Australia 5.37 Q3 / 2023 6.03 7.27
Austria 4.88 Nov / 2023 7.46 11.17
Azerbaijan 3.86 Oct / 2023 9.37 15.50
Bahamas 2.28 Jul / 2023 4.00 7.13
Bahrain 0.72 Apr / 2023 0.81 3.51
Bangladesh 2.94 Sep / 2023 2.97 9.09
Barbados 12.32 Dec / 2022 6.47 5.05
Belarus 3.53 Oct / 2023 2.46 15.18
Belgium -0.74 Nov / 2023 2.38 10.45
Belize 3.28 Jun / 2023 5.86 6.74
Benin -1.09 Oct / 2023 3.92 2.14
Bermuda 3.32 May / 2023 4.40 3.73
Bhutan 5.03 Sep / 2023 3.83 6.05
Bolivia 2.08 Oct / 2023 2.70 2.89
Bosnia and Herzegovina 2.11 Oct / 2023 4.04 17.66
Botswana 3.01 Oct / 2023 1.29 12.93
Brazil 4.82 Oct / 2023 3.99 6.47
Brunei -0.67 Sep / 2023 0.22 4.29
Bulgaria 5.92 Oct / 2023 7.84 14.84
Burkina Faso -1.57 Oct / 2023 -1.09 14.97
Burma (Myanmar) 19.43 Jun / 2022 17.30 5.68
Burundi 32.70 Mar / 2023 24.44 12.26
Cambodia 0.04 Jun / 2023 0.71 7.85
Cameroon 8.04 Jun / 2023 8.52 6.01
Canada 3.12 Oct / 2023 3.27 6.88
Cape Verde 2.00 Oct / 2023 2.56 8.20
Chad 8.01 Aug / 2023 8.60 7.68
Chile 5.03 Oct / 2023 6.48 12.81
China -0.11 Oct / 2023 -0.18 2.12
Colombia 10.48 Oct / 2023 11.79 12.22
Comoros -10.89 May / 2017 -4.27 1.33
Costa Rica -1.28 Oct / 2023 -2.29 8.99
Croatia 5.52 Nov / 2023 8.42 12.95
Cyprus 2.47 Nov / 2023 3.06 8.09
Czechia 9.46 Oct / 2023 10.21 15.54
Denmark -0.42 Oct / 2023 3.21 11.36
Djibouti 4.14 Jan / 2023 5.74 2.61
Dominica 3.60 Jun / 2023 7.07 9.02
Dominican Republic 4.35 Oct / 2023 3.95 8.24
Ecuador 1.94 Oct / 2023 2.07 4.03
Egypt 38.56 Oct / 2023 38.24 16.27
El Salvador 2.67 Oct / 2023 3.34 7.47
Estonia 4.14 Nov / 2023 4.30 21.40
Ethiopia 28.23 Sep / 2023 29.35 30.68
Euro area 2.41 Nov / 2023 5.24 10.05
Faroe Islands 3.68 Sep / 2023 10.10 0.17
Fiji 3.48 Oct / 2023 0.25 5.37
Finland 0.76 Nov / 2023 3.14 9.06
France 3.82 Nov / 2023 5.72 7.08
Gambia 18.41 Aug / 2023 17.24 12.93
Georgia 0.08 Nov / 2023 0.89 10.44
Germany 3.00 Oct / 2023 6.47 11.56
Ghana 35.18 Oct / 2023 30.65 28.58
Greece 2.96 Nov / 2023 3.47 8.82
Grenada 2.23 Jun / 2023 3.70 3.12
Guatemala 4.98 Oct / 2023 4.53 9.70
Guinea 4.98 Aug / 2023 0.50 0.91
Guinea-Bissau 8.98 Jun / 2023 10.18 8.35
Guyana 1.03 Sep / 2023 1.88 6.49
Haiti 31.86 Sep / 2023 43.75 38.53
Honduras 5.84 Oct / 2023 5.15 10.18
Hong Kong 2.79 Oct / 2023 1.84 -7.90
Hungary 9.59 Oct / 2023 17.49 21.86
Iceland 7.58 Oct / 2023 7.46 6.41
India 4.87 Oct / 2023 7.44 6.77
Indonesia 2.56 Oct / 2023 3.08 5.71
Iran 39.21 Nov / 2023 39.72 12.12
Iraq 3.41 Jun / 2023 5.26 5.46
Ireland 2.34 Nov / 2023 4.93 8.96
Israel 3.33 Oct / 2023 2.35 4.67
Italy 0.75 Nov / 2023 5.54 12.58
Ivory Coast 3.72 Oct / 2023 4.60 6.19
Jamaica 5.10 Oct / 2023 6.60 9.83
Japan 3.28 Oct / 2023 3.32 3.80
Jordan 1.36 Oct / 2023 0.92 5.24
Kazakhstan 10.58 Nov / 2023 13.40 19.60
Kenya 6.80 Nov / 2023 6.72 9.48
Kuwait 3.80 Oct / 2023 3.75 3.27
Kyrgyzstan 9.12 Oct / 2023 10.25 15.44
Laos 25.88 Aug / 2023 38.86 30.01
Latvia 1.11 Nov / 2023 5.63 21.73
Lebanon 215.43 Oct / 2023 251.53 158.46
Lesotho 6.17 Oct / 2021 5.45 5.58
Liberia 12.36 Jun / 2023 6.10 6.32
Libya 2.15 Jul / 2023 2.29 4.26
Liechtenstein 1.52 Nov / 2023 1.51 2.93
Lithuania 3.10 Oct / 2023 7.17 22.11
Luxembourg 2.13 Nov / 2023 3.52 7.31
Macao 1.10 Oct / 2023 0.78 1.02
North Macedonia 3.37 Oct / 2023 8.68 19.36
Madagascar 12.11 Apr / 2023 11.45 6.21
Malawi 26.90 Oct / 2023 28.40 26.70
Malaysia 1.79 Oct / 2023 2.03 3.96
Maldives 2.65 Sep / 2023 2.28 2.91
Mali -1.83 Oct / 2023 0.60 10.19
Malta 3.81 Nov / 2023 5.03 7.22
Mauritania 1.73 Oct / 2023 4.02 8.81
Mauritius 4.61 Oct / 2023 5.89 11.93
Mexico 4.26 Oct / 2023 4.79 8.41
Moldova 6.34 Oct / 2023 10.76 34.62
Mongolia 9.03 Oct / 2023 9.57 14.74
Montenegro 6.07 Oct / 2023 6.90 16.84
Montserrat -0.31 Dec / 2022 -2.08 5.17
Morocco 5.19 Oct / 2023 5.93 8.17
Mozambique 4.75 Oct / 2023 5.67 11.83
Namibia 6.03 Oct / 2023 4.54 7.07
Nepal 7.44 Jul / 2023 7.76 8.08
Netherlands 1.40 Nov / 2023 3.40 11.32
New Caledonia 0.51 Oct / 2023 1.82 5.14
New Zealand 5.65 Q3 / 2023 6.03 7.23
Nicaragua 7.46 Aug / 2023 9.47 12.15
Niger 1.67 Jun / 2023 1.34 4.69
Nigeria 27.33 Oct / 2023 24.08 21.09
Norway 3.66 Oct / 2023 5.63 8.45
Oman 0.82 Aug / 2023 0.92 2.42
Pakistan 29.23 Nov / 2023 27.38 23.84
Palestine 7.22 Oct / 2023 4.64 10.73
Panama 2.31 Sep / 2023 -0.64 1.93
Papua New Guinea 1.41 Q2 / 2023 1.68 5.47
Paraguay 3.53 Oct / 2023 3.48 8.07
Peru 4.52 Oct / 2023 6.02 8.64
Philippines 4.92 Oct / 2023 4.66 5.64
Poland 6.34 Oct / 2023 10.28 16.39
Portugal 2.25 Nov / 2023 5.32 10.25
Puerto Rico 2.72 Oct / 2023 2.33 6.57
Qatar 2.52 Oct / 2023 3.11 5.00
Republic of the Congo 1.12 Aug / 2018 1.12 0.67
Romania 8.34 Oct / 2023 8.93 13.47
Russia 6.70 Oct / 2023 4.29 12.63
Rwanda 12.93 Oct / 2023 17.26 31.11
Saint Lucia 6.90 Dec / 2022 7.86 4.15
Saint Vincent and the Grenadines 5.31 Jun / 2023 5.55 5.23
Samoa 2.28 Aug / 2023 12.12 15.18
Sao Tome and Principe 25.35 Jun / 2023 22.77 16.70
Saudi Arabia 1.62 Oct / 2023 2.31 3.01
Senegal 2.42 Oct / 2023 5.73 12.99
Serbia 8.44 Oct / 2023 12.38 14.59
Seychelles -2.66 Oct / 2023 -1.98 2.92
Sierra Leone 50.94 Aug / 2023 44.43 7.31
Singapore 4.73 Oct / 2023 4.14 6.75
Slovakia 6.92 Nov / 2023 9.63 15.06
Slovenia 4.51 Nov / 2023 6.06 10.76
Solomon Islands 4.30 May / 2022 -1.08 -1.71
Somalia 6.21 Oct / 2023 5.98 6.90
South Africa 5.92 Oct / 2023 4.73 5.98
South Korea 3.34 Nov / 2023 3.42 5.04
Spain 3.23 Nov / 2023 2.41 6.69
Sri Lanka 0.99 Oct / 2023 1.44 43.86
Sudan 87.32 Dec / 2022 107.29 318.21
Suriname 50.79 Sep / 2023 54.63 41.89
Swaziland 5.24 Jun / 2023 5.54 4.62
Sweden 3.95 Oct / 2023 6.34 9.79
Switzerland 2.01 Oct / 2023 2.07 2.86
Taiwan 2.90 Nov / 2023 2.53 2.35
Tajikistan 21.22 Dec / 2022 19.33 8.04
Tanzania 3.17 Oct / 2023 3.32 4.94
Thailand -0.44 Nov / 2023 0.88 5.60
Togo 5.01 Oct / 2023 6.47 7.26
Tonga 11.31 Q2 / 2022 7.88 6.91
Trinidad and Tobago 3.87 Sep / 2023 5.77 6.16
Tunisia 8.62 Oct / 2023 9.05 9.25
Turkey 61.48 Oct / 2023 48.01 85.45
USA 3.24 Oct / 2023 3.18 7.75
Uganda 2.60 Nov / 2023 3.46 10.58
Ukraine 5.29 Oct / 2023 11.30 26.61
United Arab Emirates 1.03 Jun / 2023 -3.47 -0.38
United Kingdom 4.75 Oct / 2023 6.44 9.61
Uruguay 4.30 Oct / 2023 4.79 2.78
Vanuatu 14.44 Q2 / 2023 11.57 3.74
Venezuela 317.63 Sep / 2023 404.37 157.43
Vietnam 3.45 Nov / 2023 2.96 4.37
Zambia 12.62 Oct / 2023 10.26 9.68
Zimbabwe 17.82 Oct / 2023 22.74 57.47

Inflation in the table below is defined as the percent change in the CPI from the same month last year. The first column of numbers shows the latest value available from the national authorities and the next two columns show the levels of annual inflation three months and one year prior to the latest release. The data are updated daily.

Over long stretches of time - typically years - inflation is a byproduct of the expansion of money supply. In the short run the inflation rate fluctuates with economic growth as recessions slow down the increase in prices and rapid output growth accelerates it. Shifts in exchange rates, commodity prices, and natural phenomena like droughts also have an impact. Over time, however, these factors have only a transitory effect and the only variable that matters is money supply growth.

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