In most countries included in the survey, respondents expect that inflation rates will be higher in 2024 than in 2023. This was highest in South Africa, where 85 percent of the respondents believed that inflation rates would be higher in 2024. Japan was the only of the countries in the survey where less than half believed that inflation rates would be higher. Inflation rates soared in several countries worldwide in 2022 and 2023 following the COVID-19 pandemic and the Russian invasion of Ukraine in February 2022.
Share of respondents worldwide who believe the inflation rates in their country will be higher in 2024 than in 2023, by country
*18 years and older in India, 18-74 years in Canada, Malaysia, New Zealand, South Africa, Turkey, and the U.S., 20-74 years in Thailand, 21-74 years in Indonesia and Singapore, 16-74 years in all other countries.
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Ipsos. (December 18, 2023). Share of respondents worldwide who believe the inflation rates in their country will be higher in 2024 than in 2023, by country [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1429593/share-people-think-inflation-rate-higher-country/
Ipsos. "Share of respondents worldwide who believe the inflation rates in their country will be higher in 2024 than in 2023, by country." Chart. December 18, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1429593/share-people-think-inflation-rate-higher-country/
Ipsos. (2023). Share of respondents worldwide who believe the inflation rates in their country will be higher in 2024 than in 2023, by country. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1429593/share-people-think-inflation-rate-higher-country/
Ipsos. "Share of Respondents Worldwide Who Believe The Inflation Rates in Their Country Will Be Higher in 2024 than in 2023, by Country." Statista, Statista Inc., 18 Dec 2023, https://www.statista.com/statistics/1429593/share-people-think-inflation-rate-higher-country/
Ipsos, Share of respondents worldwide who believe the inflation rates in their country will be higher in 2024 than in 2023, by country Statista, https://www.statista.com/statistics/1429593/share-people-think-inflation-rate-higher-country/ (last visited December 22, 2024)
Share of respondents worldwide who believe the inflation rates in their country will be higher in 2024 than in 2023, by country [Graph], Ipsos, December 18, 2023. [Online]. Available: https://www.statista.com/statistics/1429593/share-people-think-inflation-rate-higher-country/