Country Ranking By Inflation Rates (CPI YoY)

Inflation is the rate at which the general level of prices is rising. The most well known indicator of inflation is the Consumer Price Index (CPI) which measures the average price of consumer goods and services purchased by households. High rates of inflation are often associated with fast growing economies where the demand for goods and services is higher that the country’s productive capacity. The fight against inflation is done by central banks which control the money supply by increasing or decreasing short term interest rates. For instance, the Governing Council of the European Central Bank aims at keeping annual inflation under 2% to promote price stability and sustainable growth.

Latest News on Inflation

Canada June Inflation Rate Slows to 1%
Published: 7/23/2010 10:11:52 AM By: TradingEconomics.com, Bloomberg

Canada’s annual inflation rate slowed in June as gasoline prices fell for the first time since October 2009 while the costs of home upkeep and car insurance advanced.

US Consumer Prices Dip for Third Month
Published: 7/18/2010 9:02:14 PM By: TradingEconomics.com, AFP

American consumers saw prices fall for the third consecutive month in June on the back of lower gasoline costs, the government said Thursday amid concerns over deflation.

Eurozone Inflation Moderates In June
Published: 7/14/2010 2:46:27 PM By: TradingEconomics.com, RTT News

Eurozone inflation eased in June and remained within the official target range, giving no reason to change monetary policy.

UK Inflation Slowed in June
Published: 7/13/2010 9:40:54 AM By: TradingEconomics.com, Bloomberg

U.K. inflation slowed less than economists forecast in June as higher costs of goods from fuel to food kept the rate of price increases above the government’s 3 percent limit.

Swiss Inflation Drops in June
Published: 7/6/2010 9:06:59 AM By: TradingEconomics.com, Reuters

Swiss consumer price inflation dropped sharply in June, undershooting forecasts and giving fresh impetus to a debate on whether the country's central bank might resume currency interventions.

Euro Area Inflation Slows in June
Published: 6/30/2010 9:54:07 AM By: TradingEconomics.com, Bloomberg

Euro-area consumer prices rose 1.4 percent from a year earlier after increasing 1.6 percent in May, the European Union statistics office in Luxembourg said.

Inflation in Japan Decreases at Slower Pace
Published: 6/25/2010 6:10:15 PM By: TradingEconomics.com, Bloomberg

Japan’s consumer prices fell 1.2% in May, a moderation that may be insufficient to ease government pressure on the central bank to fight deflation.

Canada's Inflation Slows to 1.4% in May
Published: 6/22/2010 9:08:44 AM By: TradingEconomics.com, Bloomberg

Canada’s annual inflation rate slowed in May because of a moderation in gasoline costs and lower prices for clothing.

Consumer Prices in U.S. Fell 0.2% in May
Published: 6/17/2010 9:35:39 AM By: TradingEconomics.com, Bloomberg

The cost of living in the U.S. dropped in May for a second month, signaling the world’s largest economy is recovering without causing prices to flare.

Euro Area Inflation Accelerates in May
Published: 6/16/2010 9:51:58 AM By: TradingEconomics.com, Bloomberg

Euro Area inflation accelerated to the fastest pace in more than a year in May as surging energy costs and a weaker euro made imported goods more expensive across the 16-nation region.