The current inflation rate in Canada is 6.86%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in September 2022. 2022-09-23. China's annual inflation rose to 2.8% yoy in September 2022 from 2.5% in the prior month, matching market consensus. Inflation Reduction Act: Next steps in applying climate provisions. Singapore Inflation Rate Highest in 14 Years. Figures came higher than market forecasts of 10.2%, preliminary estimates showed. As the pressures from energy prices and supply constraints fade, inflation is expected to decline steadily thereafter and to fall below 3% by the end of 2023. The CPI inflation rates in the table are presented both on a monthly basis (compared to the month before) as well as on a yearly basis (compared to the same Inflation Rate in Albania averaged 2.92 percent from 1995 until 2022, reaching an all time high of 42.08 percent in December of 1997 and a record low of -2.11 percent in March of 2000. China's annual inflation rose to 2.8% yoy in September 2022 from 2.5% in the prior month, matching market consensus. The global inflation rate surged from 4.35% in 2021, and 3.18% in 2020. Romania's annual inflation rate jumped to 15.9 percent in September of 2022, the since October 2003, from 15.3 percent in August, and well above market expectations of a 15.2 percent. Estonias annual inflation rate accelerated to a new peak of 24.8 percent in August 2022 from 22.8 percent a month earlier, with prices of food and non-alcoholic beverages rising the most since July 1996 (21.4% vs 19.7% in July), mainly driven by sugar, flour of cereals, spices, other edible oils, and eggs. Estonias annual inflation rate accelerated to a new peak of 24.8 percent in August 2022 from 22.8 percent a month earlier, with prices of food and non-alcoholic beverages rising the most since July 1996 (21.4% vs 19.7% in July), mainly driven by sugar, flour of cereals, spices, other edible oils, and eggs. The energy index increased 19.8%, below 23.8% in August, due to gasoline (18.2% vs 25.6%), fuel oil (58.1% vs 68.8%) and electricity (15.5% vs 15.8% which was the highest since 1981). This page provides - Albania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. A man waits for clients at an open-air food market, in Ankara, Turkey, Sunday, July 31, 2022. 2022-09-23. The annual inflation rate in Greece accelerated to 12.0 percent in September of 2022 from 11.4 percent in the previous month, holding close to levels not seen since late 1993. Inflation Rate in Venezuela averaged 3693.97 percent from 1973 until 2022, reaching an all time high of 344509.50 percent in February of 2019 and a record low of 3.22 percent in February of 1973. The Fed aims to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2%, which remains elevated around 40-year highs. This was the highest rate since April 2020, mainly due to a sharp jump in cost of food. The World Inflation Rate. Prices rose at a slower pace for housing and utilities (3.4% vs 27.6% in August), mainly due to electricity charges. In economics, stagflation or recession-inflation is a situation in which the inflation rate is high or increasing, the economic growth rate slows, and unemployment remains steadily high. The annual rates of 7.6% in 2022 (8.3% in the EU) and 4.0% in 2023 (4.6% in the EU) imply upward revisions by more than one percentage point from the Spring Forecast. This was the highest rate since April 2020, mainly due to a sharp jump in cost of food. It was the highest reading since September of 2005, even after a recent 150 bps rate hike by the central bank, largely due to a weaker currency that raised the costs of imported products. The Senate on August 7 voted 51 to 50 along party lines to pass the Inflation Reduction Act" budget reconciliation bill. Get information on latest national and international events & more. FOR the first time ever, the annual rate of inflation in the Eurozone, measured by the Consumer Price Index, has reached double digits: it exceeded 10 per cent in September 2022, up from 9.1 per cent in August. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment.. The inflation rate is based upon the consumer price index (CPI). 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. Main upward pressures came from prices of food & non-alcoholic beverages (99.1 percent vs Inflation Rate in Venezuela decreased to 155.80 percent in October from 157.40 percent in September of 2022. Figures came higher than market forecasts of 10.2%, preliminary estimates showed. Interest Rate in the United States averaged 5.42 percent from 1971 until 2022, reaching an all time high of 20.00 percent in March of 1980 and a record low of 0.25 percent in December of 2008. Annual inflation rate in the Euro Area continued to break record high levels and jumped to 10.7% in October of 2022 from 9.9% in September. The annual inflation rate in Japan was at 3.0% in September 2022, unchanged from August's near 8-year high figure, amid high prices of food and raw materials as well as yen weakness. As the pressures from energy prices and supply constraints fade, inflation is expected to decline steadily thereafter and to fall below 3% by the end of 2023. Prices of energy continue to have the biggest impact (up 41.9% vs 40.7% in September), followed by food, alcohol & tobacco (13.1% vs 11.8%), non-energy Inflation Rate in South Korea increased to 5.70 percent in October from 5.60 percent in September of 2022. showed that officials expected inflation to be 4.3 percent by the end of 2022. The CPI inflation rates in the table are presented both on a monthly basis (compared to the month before) as well as on a yearly basis (compared to the same It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment.. Inflation Rate in Iraq averaged 8.68 percent from 2005 until 2022, reaching an all time high of 76.55 percent in August of 2006 and a record low of -6.37 percent in October of 2009. This was the highest rate since April 2020, mainly due to a sharp jump in cost of food. Inflation Rate MoM in Argentina averaged 2.89 percent from 2014 until 2022, reaching an all time high of 7.40 percent in July of 2022 and a record low of 0.20 percent in August of 2016. Pakistan inflation rate slowed for the first time in seven months to 23.2% in September of 2022 from 27.3% in August which was the highest reading since May of 1975. Canadas annual inflation rate slowed to 6.9% in September of 2022 much below the 39-year peak of 8.1% hit in June but slightly above market estimates of 6.8%. The government expects 2022 inflation to be between 4.5-5.5%, while core inflation to average between 2.5-3.5%. [1/15] Figurines are seen in front of displayed stock graph and word "Inflation" in this illustration taken June 13, 2022.REUTERS/Dado Ruvic/Illustration Inflation Rate in South Korea averaged 6.95 percent from 1966 until 2022, reaching an all time high of 32.50 percent in October of 1980 and a record low of -0.40 percent in September of 2019. This page provides - Venezuela Inflation Rate - actual values, Inflation Rate in South Korea averaged 6.95 percent from 1966 until 2022, reaching an all time high of 32.50 percent in October of 1980 and a record low of -0.40 percent in September of 2019. The average inflation rate around the world is 7.4%. 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. The annual inflation rate in Japan was at 3.0% in September 2022, unchanged from August's near 8-year high figure, amid high prices of food and raw materials as well as yen weakness. Wages in Poland averaged 3234.95 PLN/Month from 1997 until 2022, reaching an all time high of 6235.22 PLN/Month in the first quarter of 2022 and a record low of 1008.03 PLN/Month in the first quarter of 1997. The Senate on August 7 voted 51 to 50 along party lines to pass the Inflation Reduction Act" budget reconciliation bill. Meanwhile, the annual rate hit 82.9%, further accelerating from 78.5% in the previous month but south of consensus. Inflation Rate in Albania averaged 2.92 percent from 1995 until 2022, reaching an all time high of 42.08 percent in December of 1997 and a record low of -2.11 percent in March of 2000. Inflation Rate in South Korea increased to 5.70 percent in October from 5.60 percent in September of 2022. The annual inflation rate in Nigeria accelerated for the eighth straight month to 20.77% in September of 2022 from 20.52% in the prior month. Main upward pressures came from prices of food & non-alcoholic beverages (99.1 percent vs It was the highest rate since June of 1998, as the lira extended record-lows and the central bank slashed interest rates. The annual urban inflation rate in Egypt accelerated to 15.0% in September of 2022 from 14.6% in the previous month and above market expectations of 14.7%. The global inflation rate surged from 4.35% in 2021, and 3.18% in 2020. On the other hand, inflation slowed for services (8 percent vs 8.26 percent). Wages in Poland decreased to 6156.25 PLN/Month in the second quarter of 2022 from 6235.22 PLN/Month in the first quarter of 2022. Read latest breaking news, updates, and headlines. This has fuelled record-breaking inflation in Turkey -- among the highest rate in Europe. Prices rose at a slower pace for housing and utilities (3.4% vs 27.6% in August), mainly due to electricity charges. Inflation Reduction Act: Next steps in applying climate provisions. This has fuelled record-breaking inflation in Turkey -- among the highest rate in Europe. In September 2022, the monthly inflation rate was 0.07. The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values. U.S. inflation rate for 2021 was 4.70%, a 3.46% increase from 2020. This has fuelled record-breaking inflation in Turkey -- among the highest rate in Europe. Prices advanced for housing (35.4 percent vs 31.4 percent in August), namely rentals for dwellings, services for the repair and maintenance of the dwelling, electricity, natural gas, heating oil, solid fuel; food & The annual inflation rate in Turkey rose further to 85.5 percent in October 2022, from 83.5 percent in the previous month, and in line with market forecasts of 85.6 percent. In September 2022, the monthly inflation rate was 0.07. The annual inflation rate in Greece accelerated to 12.0 percent in September of 2022 from 11.4 percent in the previous month, holding close to levels not seen since late 1993. The inflation rate is based upon the consumer price index (CPI). Inflation Rate in Venezuela decreased to 155.80 percent in October from 157.40 percent in September of 2022. Prices of energy continue to have the biggest impact (up 41.9% vs 40.7% in September), followed by food, alcohol & tobacco (13.1% vs 11.8%), non-energy Consumer prices continued to slow for transportation (8.7% vs 10.3% in August), largely due to a sustained slowdown for gasoline prices (13.2% vs 22.1%) amid an increase in the global supply of crude oil during the Annual inflation rate in the Euro Area continued to break record high levels and jumped to 10.7% in October of 2022 from 9.9% in September. This page provides the latest reported value for - South Korea Inflation The Laspeyres formula is generally used. The annual inflation rate in Poland accelerated to 17.9% in October of 2022 from 17.20% in the previous month and in line with forecast of 17.95%. Canadas annual inflation rate slowed to 6.9% in September of 2022 much below the 39-year peak of 8.1% hit in June but slightly above market estimates of 6.8%. The energy index increased 19.8%, below 23.8% in August, due to gasoline (18.2% vs 25.6%), fuel oil (58.1% vs 68.8%) and electricity (15.5% vs 15.8% which was the highest since 1981). This page provides - Poland GDP Growth Rate - GDP Growth Rate in Poland averaged 0.99 percent from 1995 until 2022, reaching an all time high of 7.30 percent in the third quarter of 2020 and a record low of -9.10 percent in the second quarter of 2020. Main upward pressures came from prices of food & non-alcoholic beverages (99.1 percent vs Upward pressure came from food and non-alcoholic beverages (21.9%); fuels for personal transport & equipment (19.5%): and electricity, gas & other fuels 2022-09-23. The annual inflation rate in the US slowed for the third month running to 8.2% in September of 2022, the lowest in seven months, compared to 8.3% in August but above market forecasts of 8.1%. The average inflation rate around the world is 7.4%. Singapore Inflation Rate Highest in 14 Years. This page provides - Albania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Prices advanced for housing (35.4 percent vs 31.4 percent in August), namely rentals for dwellings, services for the repair and maintenance of the dwelling, electricity, natural gas, heating oil, solid fuel; food & This page provides - Poland GDP Growth Rate - The average inflation rate around the world is 7.4%. The annual inflation rate in Turkey rose further to 85.5 percent in October 2022, from 83.5 percent in the previous month, and in line with market forecasts of 85.6 percent. U.S. inflation rate for 2021 was 4.70%, a 3.46% increase from 2020. As the pressures from energy prices and supply constraints fade, inflation is expected to decline steadily thereafter and to fall below 3% by the end of 2023. In economics, stagflation or recession-inflation is a situation in which the inflation rate is high or increasing, the economic growth rate slows, and unemployment remains steadily high. The term, a portmanteau of stagnation and inflation, is generally attributed to In September 2022 prices in the United Kingdom's housing and household services sector were 20.2 percent higher than a year earlier, while foods costs were 14.5 percent higher. On the other hand, inflation slowed for services (8 percent vs 8.26 percent). The World Inflation Rate. Prices advanced for housing (35.4 percent vs 31.4 percent in August), namely rentals for dwellings, services for the repair and maintenance of the dwelling, electricity, natural gas, heating oil, solid fuel; food & This page provides the latest reported value for - Iraq Inflation Rate - plus previous releases, historical Consumer prices continued to slow for transportation (8.7% vs 10.3% in August), largely due to a sustained slowdown for gasoline prices (13.2% vs 22.1%) amid an increase in the global supply of crude oil during the Annual inflation rate in the Euro Area continued to break record high levels and jumped to 10.7% in October of 2022 from 9.9% in September. The annual urban inflation rate in Egypt accelerated to 15.0% in September of 2022 from 14.6% in the previous month and above market expectations of 14.7%. Prices rose for food (19.12 percent vs 18.22 percent in August) and non-food products (16.61 percent vs 15.98 percent). Inflation South Africa 2022 (CPI) - The inflation chart and table below feature an overview of the South African inflation in 2022: CPI South Africa 2022. Statistic agency's data showed Chinese food inflation climbed to its highest in 25 months (8.8% vs 6.1% in August), with pork prices accelerating further despite efforts Wages in Poland averaged 3234.95 PLN/Month from 1997 until 2022, reaching an all time high of 6235.22 PLN/Month in the first quarter of 2022 and a record low of 1008.03 PLN/Month in the first quarter of 1997. [1/15] Figurines are seen in front of displayed stock graph and word "Inflation" in this illustration taken June 13, 2022.REUTERS/Dado Ruvic/Illustration The Senate on August 7 voted 51 to 50 along party lines to pass the Inflation Reduction Act" budget reconciliation bill. Get information on latest national and international events & more. Inflation Rate in Iraq averaged 8.68 percent from 2005 until 2022, reaching an all time high of 76.55 percent in August of 2006 and a record low of -6.37 percent in October of 2009. A man waits for clients at an open-air food market, in Ankara, Turkey, Sunday, July 31, 2022. The energy index increased 19.8%, below 23.8% in August, due to gasoline (18.2% vs 25.6%), fuel oil (58.1% vs 68.8%) and electricity (15.5% vs 15.8% which was the highest since 1981). In September 2022 prices in the United Kingdom's housing and household services sector were 20.2 percent higher than a year earlier, while foods costs were 14.5 percent higher. This page provides - Albania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. This page provides - Venezuela Inflation Rate - actual values, Consumer prices continued to slow for transportation (8.7% vs 10.3% in August), largely due to a sustained slowdown for gasoline prices (13.2% vs 22.1%) amid an increase in the global supply of crude oil during the This page provides the latest reported value for - Iraq Inflation Rate - plus previous releases, historical Romania's annual inflation rate jumped to 15.9 percent in September of 2022, the since October 2003, from 15.3 percent in August, and well above market expectations of a 15.2 percent. Inflation Rate in Iraq increased to 5.30 percent in September from 4.40 percent in August of 2022. Inflation Rate MoM in Argentina averaged 2.89 percent from 2014 until 2022, reaching an all time high of 7.40 percent in July of 2022 and a record low of 0.20 percent in August of 2016. Interest Rate in the United States averaged 5.42 percent from 1971 until 2022, reaching an all time high of 20.00 percent in March of 1980 and a record low of 0.25 percent in December of 2008. The Fed says supply chain disruptions could prolong rapid inflation. Upward pressure came from food and non-alcoholic beverages (21.9%); fuels for personal transport & equipment (19.5%): and electricity, gas & other fuels The CPI inflation rates in the table are presented both on a monthly basis (compared to the month before) as well as on a yearly basis (compared to the same The global inflation rate surged from 4.35% in 2021, and 3.18% in 2020. The annual inflation rate in the US slowed for the third month running to 8.2% in September of 2022, the lowest in seven months, compared to 8.3% in August but above market forecasts of 8.1%. This page provides - Poland In economics, stagflation or recession-inflation is a situation in which the inflation rate is high or increasing, the economic growth rate slows, and unemployment remains steadily high. Inflation Reduction Act: Next steps in applying climate provisions. The Laspeyres formula is generally used. The government expects 2022 inflation to be between 4.5-5.5%, while core inflation to average between 2.5-3.5%. It is a fresh-high reading since August 1996, preliminary estimates showed. Inflation Rate in Albania averaged 2.92 percent from 1995 until 2022, reaching an all time high of 42.08 percent in December of 1997 and a record low of -2.11 percent in March of 2000. Singapore's annual inflation rate rose to 7.0% in July 2022 from 6.7% in the prior month, matching market consensus. Read latest breaking news, updates, and headlines. On the other hand, inflation slowed for services (8 percent vs 8.26 percent). The annual inflation rate in Greece accelerated to 12.0 percent in September of 2022 from 11.4 percent in the previous month, holding close to levels not seen since late 1993. Inflation Rate in South Korea increased to 5.70 percent in October from 5.60 percent in September of 2022. Get information on latest national and international events & more. The term, a portmanteau of stagnation and inflation, is generally attributed to The government expects 2022 inflation to be between 4.5-5.5%, while core inflation to average between 2.5-3.5%. Inflation South Africa 2022 (CPI) - The inflation chart and table below feature an overview of the South African inflation in 2022: CPI South Africa 2022. The Gross Domestic Product (GDP) in Poland contracted 2.10 percent in the second quarter of 2022 over the previous quarter. Inflation Rate in Iraq increased to 5.30 percent in September from 4.40 percent in August of 2022. 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