2022 and 2023 was characterized by leaping inflation rates. These were caused by a multiple of factors, but post-corona (COVID-19) challenges and the Russian invasion of Ukraine in February that year had a major impact. However, the inflation rates in all countries included were forecast to stabilize through 2022 and 2023. More information about global inflation can be found here.
Forecast of inflation rate in selected countries worldwide from 1st quarter 2022 to 4th quarter 2025
The source adds the following information: "Inflation forecast is measured in terms of the consumer price index (CPI) or harmonised index of consumer prices (HICP) for euro area countries, the euro area aggregate and the United Kingdom. Inflation measures the general evolution of prices. It is defined as the change in the prices of a basket of goods and services that are typically purchased by households. Projections are based on an assessment of the economic climate in individual countries and the world economy, using a combination of model-based analyses and expert judgement. The indicator is expressed in annual growth rates."
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OECD. (April 5, 2024). Forecast of inflation rate in selected countries worldwide from 1st quarter 2022 to 4th quarter 2025 [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1249095/quarterly-inflation-rate-forecast-by-country/
OECD. "Forecast of inflation rate in selected countries worldwide from 1st quarter 2022 to 4th quarter 2025." Chart. April 5, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1249095/quarterly-inflation-rate-forecast-by-country/
OECD. (2024). Forecast of inflation rate in selected countries worldwide from 1st quarter 2022 to 4th quarter 2025. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1249095/quarterly-inflation-rate-forecast-by-country/
OECD. "Forecast of Inflation Rate in Selected Countries Worldwide from 1st Quarter 2022 to 4th Quarter 2025." Statista, Statista Inc., 5 Apr 2024, https://www.statista.com/statistics/1249095/quarterly-inflation-rate-forecast-by-country/
OECD, Forecast of inflation rate in selected countries worldwide from 1st quarter 2022 to 4th quarter 2025 Statista, https://www.statista.com/statistics/1249095/quarterly-inflation-rate-forecast-by-country/ (last visited October 31, 2024)
Forecast of inflation rate in selected countries worldwide from 1st quarter 2022 to 4th quarter 2025 [Graph], OECD, April 5, 2024. [Online]. Available: https://www.statista.com/statistics/1249095/quarterly-inflation-rate-forecast-by-country/
