机构研究报告-Consumer Price Index and Inflation-外文版培训课件

COUNTRIES

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REGIONSConsumerPriceIndexandInflationCHAPTER

01ConsumerPriceIndexandInflationrateConsumerPriceIndex(CPI)ofallurbanconsumersintheUnitedStatesfrom1992to2024U.S.consumerPriceIndexofallurbanconsumers1992-2024350300250200150100'92

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'244Description:In2024,theconsumerpriceindex(CPI)was315.61.DatarepresentsU.S.cityaverages.ꢀThemonthlyinflationratefortheUnitedStatescanbefoundhere.UnitedStatesurbanConsumerPriceIndex(CPI)TheU.S.ConsumerPriceIndexisameasureofchangeinthepriceofconsumergoodsandservicespurchasedbyhouseholds.TheCPIisdefinedbytheUnitedStatesBureauofLaborStatisticsas"ameasureoftheaveragechangeovertimeinthepricespaidbyurbanconsumersforamarket[...]

ReadmoreNote(s):UnitedStates;1992to2024Source(s):BureauofLaborStatisticsAnnualinflationrateintheUnitedStatesfrom1990to2023U.S.annualinflationrate1990-20239%8%7%6%5%4%3%2%1%0%-1%'90

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'235Description:Ineconomics,theinflationrateisameasureofthechangeinpriceofabasketofgoods.Themostcommonmeasurebeingtheconsumerpriceindex.Itisthepercentagerateofchangeinpricelevelovertime,andalsoindicatestherateofdecreaseinthepurchasingpowerofmoney.Theannualrateofinflationfor2023,was4.1percenthigherintheUnitedStateswhencomparedtothepreviousyear.Moreinformationoninflationandtheconsumerpriceindexcanbefoundonourdedicated[...]

ReadmoreNote(s):UnitedStates;1990to2023Source(s):BureauofLaborStatisticsMonthlyConsumerPriceIndex(CPI)ofallurbanconsumersintheU.S.fromNovember2022toNovember2024(notseasonallyadjusted)U.S.monthlyCPIofallurbanconsumers2022-2024320315.66315.49315.3314.8314.54314.07314.18313.55315310305300295290312.33310.33308.42306.75307.79307.67307.03

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'246Description:InNovember2024,theunadjustedconsumerpriceindex(CPI)ofallitemsforurbanconsumersintheUnitedStatesamountedtoabout315.49.ThedatarepresentsU.S.cityaverages.Thebaseperiodwas1982-84=100.TheCPIisdefinedbytheUnitedStatesBureauofLaborStatisticsas“ameasureoftheaveragechangeovertimeinthepricespaidbyurbanconsumersforamarketbasketofconsumergoodsandservices”.ꢀTheannualconsumerpriceindexforurbanconsumersinthe[...]

ReadmoreNote(s):UnitedStates;

November2022toNovember2024Source(s):BureauofLaborStatisticsMonthly12-monthinflationrateintheUnitedStatesfromNovember2020toNovember2024U.S.monthlyinflationrate202410.0%9.0%8.0%7.0%6.0%5.0%4.0%3.0%2.0%1.0%0.0%7Description:InNovember2024,priceshadincreasedby2.7percentcomparedtoNovember2023accordingtothe12-monthpercentagechangeintheconsumerpriceindex—themonthlyinflationrateforgoodsandservicesintheUnitedStates.ThedatarepresentsU.S.cityaverages.Ineconomics,theinflationrateisameasureofthechangeinpricelevelovertime.Therateofdecreaseinthepurchasingpowerofmoneyisapproximatelyequal.ꢀAprojectionoftheannualU.S.inflationratecanbe[...]

ReadmoreNote(s):UnitedStates;November2020toNovember2024Source(s):BureauofLaborStatisticsMonthlypercentagechangeintheConsumerPriceIndex(CPI-U)intheUnitedStatesfromNovember2023toNovember2024U.S.monthlychangeintheConsumerPriceIndex(CPI-U)2023-20240.5%0.4%0.4%0.4%0.3%0.2%0.1%0.0%-0.1%-0.2%0.3%0.3%0.3%0.2%0.2%0.2%0.2%0.2%0.2%0%-0.1%Nov'23Dec'23Jan'24Feb'24Mar'24Apr'24May'24Jun'24Jul'24Aug'24Sep'24Oct'24Nov'248Description:InNovember2024,theseasonallyadjustedconsumerpriceindexforallurbanconsumers(CPI-U)intheUnitedStatesincreased0.3percentfromthepreviousmonth.ThedatarepresentscityaveragesintheUnitedStates.Thedefinedbaseperiodis:1982-84=100.TheCPIisdefinedbytheUnitedStatesBureauofLaborStatisticsas“ameasureoftheaveragechangeovertimeinthepricespaidbyurbanconsumersforamarketbasketofconsumergoodsandservices”.

ReadmoreNote(s):UnitedStates;

November2023toNovember2024Source(s):BureauofLaborStatistics12-monthpercentageofchangeintheUnitedStates'ConsumerPriceIndex(CPI-U)inNovember2024,byexpenditurecategoryU.S.12-monthpercentageofchangeCPI-U2024,byexpenditurecategory12-monthpercentageofchange-12%Rentofprimaryresidence-10%-8%-6%-4%-2%0%2%4%6%4.4%4.2%4.1%EducationHousingElectricity3.1%3.1%MedicalcareOtherservices2.7%2.3%FoodandbeveragesRecreation1.5%ApparelTransportation1.1%0.5%Communication-1.8%Computers,peripherals,andsmarthomeassistantdevicesGasoline(alltypes)-5.5%-8.1%Fueloilandotherfuels-10.7%9Description:InNovember2024,gasolinepriceswerearound8.1percentlowerthaninNovember2023.ThedatarepresentscityaveragesintheUnitedStates.Thedefinedbaseperiodis:1982-84=100.CPIisdefinedbytheUnitedStatesBureauofLaborStatisticsas"ameasureoftheaveragechangeovertimeinthepricespaidbyurbanconsumersforamarketbasketofconsumergoodsandservices".Itisbasedonpricesoffood,clothing,shelter,fuels,transportationfares,chargesfordoctors’and[...]

ReadmoreNote(s):UnitedStates;November2024Source(s):BureauofLaborStatisticsConsumerPriceIndex(CPI)ofallurbanconsumersintheUnitedStatesin2024,byregionU.S.ConsumerPriceIndex2024,byregion35030025020015010050332.95324.4313.69305.19290.370WestNortheastU.S.cityaverageSouthMidwest10Description:In2024,theannualaverageConsumerPriceIndexintheWesternUnitedStatesamountedto332.95.ThisputitfarabovetheaverageforallU.S.cities,whichcameto313.69duringthesameperiodꢀThemonthlyinflationrateforthecountrycanbeaccessedhere,andaprojectionoftheannualinflationratecanbefoundhere.Additionally,theannualconsumerpriceindexforurbanconsumersintheU.S.canbeaccessedhere.ReadmoreNote(s):UnitedStates;2024Source(s):BureauofLaborStatisticsCoreConsumerPriceIndex(CPI)forallitems(excludingfoodandenergy)ofurbanconsumersintheU.S.from1990to2024U.S.coreConsumerPriceIndexexcludingfoodandenergy1990-2024350300250318.98308.38294.31277.26267.69263.21257.57252.17247.6242.25237.9233.81229.76225.01221.34219.24215.57210.73205.9200.9196.6193.2190.5186.1181.3177173.4169.5165.6161.2156.5152.2147.3142.1200150100135.511Description:In2024,thecoreCPIintheUnitedStateswas318.98,withabase100periodof1982-1984.ThisparticularrepresentationoftheCPI,alsocalledCoreCPI,excludesgoodswithhighpricevolatilitylikefoodandenergy,whicharenon-systemic.ꢀTheannualinflationrateintheU.S.since1990canbeaccessedhere.ReadmoreNote(s):UnitedStates;1990to2024Source(s):BureauofLaborStatisticsMonthly10-yearrealinterestrate,FederalFundseffectiverateandinflationrateintheUnitedStatesfrom1982to2024Monthlyrealvs.nominalinterestratesandinflationratefortheU.S.1982-2024RealinterestrateFederalfundseffectiverateInflationrate16%14%12%10%8%6%4%2%0%-2%12Description:Realinterestratesdescribethegrowthintherealvalueoftheinterestonaloanordeposit,adjustedforinflation.Nominalinterestratesontheotherhandshowustherawinterestrate,whichisunadjustedforinflation.Iftheinflationrateinacertaincountrywerezeropercent,therealandnominalinterestrateswouldbethesamenumber.Asinflationreducestherealvalueofaloan,however,apositiveinflationratewillmeanthatthenominalinterestrateismorelikelytobegreater[...]

ReadmoreNote(s):UnitedStates;January1982toNovember2024Source(s):ArchivalFREDCHAPTER

02ChainedConsumerPriceIndexChainedconsumerpriceindex(C-CPI-U)ofallurbanconsumersintheUnitedStatesfrom2000to2024,atyear-endU.S.chainedconsumerpriceindexofallurbanconsumers2000-2024185175165155145175.34170.72165.97155.93146.41144.25141.7139.55137.22134.79134.21133.51131.77129.8413512511510595126.14124.54121.3121.56117114.4111.2107.8106103.9102.62000

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2024*Decembervalue14Description:InDecember2024,thechainedconsumerpriceindexstoodat175.34,anincreaseofaroundfivewhencomparedwiththepreviousyear.MoreinformationontheconsumerpriceindexandinflationintheUnitedStatescanbefoundꢀhere.

ReadmoreNote(s):UnitedStates;2000to2024Source(s):BureauofLaborStatisticsAnnualchainedinflationrateintheUnitedStatesfrom2000to2024atyear-endU.S.chainedyear-endinflationrate2000-20248.0%7.0%6.0%5.0%7%6.5%3.7%4.0%3.4%3.2%2.9%2.9%2.9%3.0%

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2024Decembervalue15Description:InDecember2024,thechainedconsumerpriceindex(CPI)intheUnitedStatesincreased2.9percentsinceDecember2023.This12monthpercentchangeisastrongindicatorofthenation'scurrentinflation.ꢀTheannualinflationratebasedoncurrentdollarvaluecanbeaccessedhere.ReadmoreNote(s):UnitedStates;2000to2024Source(s):BureauofLaborStatisticsMonthlychainedConsumerPriceIndex(C-CPI-U)ofallurbanconsumersintheUnitedStatesfromNovember2022toNovember2024U.S.monthlychainedCPIofallurbanconsumers2022-2024177.0175.48175.33175.3175.08174.99174.81174.81174.65175.0173.0171.0169.0167.0165.0173.98172.83171.73170.83171.49171.41171.13170.46171.03170.3169.77169.38168.5168.07167.27166.5165.97Nov

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'2416Description:InNovember2024,themonthlychainedconsumerpriceindex(CPI)ofallurbanconsumersintheUnitedStatesdecreasedto175.33.ThedatarepresentsU.S.cityaverages.ThebaseperiodwasJanuary1999=100.ThechainweightedCPIincorporatestheaveragechangesinthequantityofgoodspurchased,alongwithstandardpricingeffects.ThisallowsthechainweightedCPItoreflectsituationswherecustomersshifttheweightoftheirpurchasesfromoneareaofspendingto[...]

ReadmoreNote(s):UnitedStates;

November2022toNovember2024Source(s):BureauofLaborStatisticsMonthlychangeinthechainedinflationrateintheUnitedStatesfromNovember2024toNovember2024U.S.monthlychangeinchainedinflation2024-20240.8%0.7%0.6%0.6%0.4%0.2%0.0%-0.2%-0.4%0.5%0.4%0.2%0.1%0.1%0.1%0.1%0%-0.1%-0.1%-0.2%Nov'23Dec'23Jan'24Feb'24Mar'24Apr'24May'24Jun'24Jul'24Aug'24Sep'24Oct'24Nov'2417Description:InNovember2024,thechainedconsumerpriceindexforallurbanconsumers(C-CPI-U)intheUnitedStatesdecreasedby0.1percentfromtheprecedingmonth.ThedatarepresentsU.S.cityaverages.ThebaseperiodwasJanuary1999=100.ThechainweightedCPIincorporatestheaveragechangesinthequantityofgoodspurchased,alongwithstandardpricingeffects.ThisallowsthechainweightedCPItoreflectsituationswherecustomersshifttheweightoftheirpurchasesfromone[...]

ReadmoreNote(s):UnitedStates;November2024toNovember2024Source(s):BureauofLaborStatisticsCHAPTER

03ProducerPriceIndexProducerPriceIndex(PPI)forcommoditiesintheUnitedStatesfrom1990to2023U.S.ProducerPriceIndexforcommodities1990-2023300250200150100500'90

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'2319Description:In2023,thePPIstoodat255.73,asizabledecreasefromthepreviousyear.TheProducerPriceIndex(PPI)programmeasurestheaveragechangeovertimeinthesellingpricesreceivedbydomesticproducersfortheiroutput.ThepricesincludedinthePPIarefromthefirstcommercialtransactionformanyproductsandsomeservices.ꢀThemonthlyProducerPriceindexcanbefoundhere.

ReadmoreNote(s):UnitedStates;1990to2023;*PreliminaryData.ReadmoreSource(s):BureauofLaborStatisticsAnnualchangesoftheProducerPriceIndex(PPI)forcommoditiesintheUnitedStatesfrom1990to2023U.S.ProducerPriceIndexannualchange1990-202320%15%16.3%9.8%10%6.8%6.2%5.7%4.6%4.4%3.7%5%0%2.4%1.3%0.9%0.6%0.6%-2.3%-2.5%-2.6%-2.7%-5%-10%-15%'90

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'2320Description:In2023,theannualchangeofthePPIamountedto-3.3percent.ThePPIforcommoditiesstoodat255.73in2023.TheProducerPriceIndex(PPI)programmeasurestheaveragechangeovertimeinthesellingpricesreceivedbydomesticproducersfortheiroutput.ThepricesincludedinthePPIarefromthefirstcommercialtransactionformanyproductsandsomeservices.ReadmoreNote(s):UnitedStates;1990to2023Source(s):BureauofLaborStatisticsMonthlyProducerPriceIndex(PPI)forfinishedgoodsintheUnitedStatesfromDecember2022toDecember2024(seasonallyadjusted)U.S.monthlyProducerPriceIndexforfinishedgoods2022-2024263261261.95259.48259.12257.19258.97258.08258.28259257.8257.62257.07

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'24*21Description:InDecember2024,thePPIforfinishedgoodsintheUnitedStatesstoodat261.95.Finishedgoodsarecommoditiesthatwillnotundergofurtherprocessingandarereadyforsaletothefinal-demanduser,eitheranindividualconsumerorbusinessfirm.TheProducerPriceIndex(PPI)programmeasurestheaveragechangeovertimeinthesellingpricesreceivedbydomesticproducersfortheiroutput.ThepricesincludedinthePPIarefromthefirstcommercialtransactionformanyproducts[...]

ReadmoreNote(s):UnitedStates;December2022toDecember2024;*Preliminary.Preliminarydataaresubjecttochange.Figureshavebeenrounded.

ReadmoreSource(s):BureauofLaborStatistics12-monthpercentchangesintheProducerPriceIndex(PPI)forfinishedgoodsintheUnitedStatesfromDecember2023toDecember2024U.S.ProducerPriceIndexforfinishedgoods12-monthchanges2023-20243.0%2.8%2.4%2.5%2.0%1.5%1.0%0.5%0.0%-0.5%-1.0%-1.5%2.1%2%1.9%1.8%1.4%1.1%0.7%0.2%-0.2%-0.7%-1.1%Dec'23Jan'24Feb'24Mar'24Apr'24May'24Jun'24Jul'24Aug'24Sep'24Oct'24Nov'24Dec'2422Description:InDecember2024,thePPIforfinishedgoodsincreasedby2.9percentcomparedtothesamemonthinthepreviousyear.ꢀFinishedgoodsarecommoditiesthatwillnotundergofurtherprocessingandarereadyforsaletothefinal-demanduser,eitheranindividualconsumerorbusinessfirm.TheProducerPriceIndex(PPI)programmeasurestheaveragechangeovertimeinthesellingpricesreceivedbydomesticproducersfortheiroutput.ThepricesincludedinthePPIarefromthefirst[...]

ReadmoreNote(s):UnitedStates;December2023toDecember2024Source(s):BureauofLaborStatisticsCHAPTER

04InternationalcomparisonAnnualinflationratesinG7countriesfrom2000to2023InflationratesinG7countries2000-2023CanadaFranceGermanyItalyUnitedKingdomUnitedStatesJapan10.0%8.0%6.0%4.0%2.0%0.0%-2.0%2000

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202324Description:Inflationratesroseallaroundtheworldin2022,soalsointheG7countries,whereinflationratesvariedfrom2.5percentinJapantoovereightpercentinItaly.Inflationratesincreasedsharplyallaroundtheworldthrough2022,spurredbyRussia'sinvasionofUkraineinFebruarythatyear.EspeciallygasandelectricitywerehitbypriceincreasesfollowingtheoutbreakoftheRussia-Ukrainewar.InflationrateswerefallinginallG7economiesexceptforJapanin2023.ReadmoreNote(s):Canada,France,Germany,Italy,Japan,UnitedKingdom,UnitedStates;2000to2023Source(s):OECDThe20countrieswiththelowestinflationratein2023(comparedtothepreviousyear)Countrieswiththelowestinflationrate2023Inflationratecomparedtopreviousyear-0.5%

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0.5%-2.0%Turkmenistan-1.5%-1.0%1.0%1.5%2.0%2.5%-1.74%YemenSeychelles-1.23%-1.03%Bahrain0.08%0.23%0.37%ChinaBruneiDarussalamCostaRica0.53%MacaoSARBurkinaFasoOman0.94%0.94%0.95%Thailand1.23%PanamaUnitedArabEmirates1.49%1.62%25Description:Thestatisticliststhe20countrieswiththelowestinflationratein2023.In2023,Chinaranked5thwithainflationrateofabout0.23percentcomparedtothepreviousyear.ꢀInflationratesandthefinancialcrisisDuetorelativelystagnantworkerwagesaswellasahesitationfrombankstosoeasilydistributeloanstotheordinarycitizen,inflationhasremainedconsiderablylow.LowinflationratesaremostapparentinEuropeancountries,whichstemsfromtheon-goingEurozonedebt[...]

ReadmoreNote(s):WorldwideSource(s):IMFQuarterlyinflationratesinG7countriesasofQ32024,bycommoditygroupInflationratesinG7countries2024,bycommoditygroupFoodandnon-alcoholicbeveragesHealthHousing,water,electricity,gas,andotherfuelsTransportElectricity,gas,andotherfuelsEducationRestaurantsandhotels20%15%10%5%0%-5%-10%-15%-20%-25%CanadaFranceGermanyItalyUnitedKingdomUnitedStatesJapan26Description:Therisinginflationworldwidein2022and2023isreflectedintheincreasingpricesofthedifferentcommoditygroupsintheG7countries.Mostnotably,thepriceofelectricity,gas,andotherfuelswashighinthethirdquarterof2024inJapan,withpriceincreasesreaching15percentcomparedtothesameperiodin2023.Ontheotherhand,gasandelectricityinflationwasnegativeinGermany,Italy,andtheUKfollowingextremelyhighratesin2022andthefirsthalfof2023.Inflationrates[...]

ReadmoreNote(s):Canada,France,Germany,Italy,Japan,UnitedKingdom,UnitedStates;Q32024Source(s):OECDThe20countrieswiththehighestinflationratein2023(comparedtothepreviousyear)Countrieswiththehighestinflationrate2023InflationratecomparedtopreviousyearEstimatefor2024300%20230%100%200%400%500%600%700%800%560.98%ZimbabweVenezuelaSudanArgentina667.36%99.98%337.46%145.54%171.47%249.79%133.49%59.52%53.86%Türkiye20.74%SurinameSierraLeoneHaiti51.58%39.12%47.72%23.01%44.1%37.5%IslamicRepublicofIranSouthSudanGhana41.5%54.75%40.2%22.27%37.53%21.5%31.23%LaoP.D.R.27Description:Attheendof2023,Zimbabwehadthehighestinflationrateintheworld,at667.36percentchangecomparedtothepreviousyear.ReadmoreNote(s):Worldwide;April2024Source(s):IMFMonthlyinflationratesindevelopedandemergingcountriesfromJanuary2021toDecember2024(comparedtothesamemonthofthepreviousyear)Monthlyinflationratesindevelopedandemergingcountries2021-2024UnitedStatesChinaJapanGermanyEuroZoneFranceUnitedKingdomBrazilRussiaIndiaItaly20%15%10%5%0%-5%28Description:Ofthemajordevelopedandemergingeconomies,Chinahadthelowestinflationrateat0.1percentinDecember2024.Ontheotherendofthespectrum,theinflationrateinRussiastoodatnearly10percent.Thecountry'sinflationrateincreasedsharplyafterthecountry'sPresident,VladimirPutin,decidedtoꢀinvadeUkraine,declinedsomewhatin2023,beforeincreasingslowlyagainsince.ꢀTherateofinflationreflectschangesinthecostofaspecifiedbasketcontainingarepresentative[...]

ReadmoreNote(s):Worldwide;January2021toDecember2024Source(s):BrazilianInstituteofGeographyandStatistics;BureauofLaborStatistics;Eurostat;Insee;Istat;LabourBureauIndia;NationalBureauofStatisticsofChina;OfficeforNationalStatistics(UK);RussianFederalStateStatisticsService;StatisticsBureauof[...]CHAPTER

05ForecastForecastofannualinflationratesinG7countriesfrom2024to2029InflationrateforecastinG7countries2024-2029CanadaFranceGermanyItalyJapanUnitedKingdomUnitedStates3.5%3.0%2.5%2.0%1.5%1.0%20242025202620272028202930Description:Inflationratesroseallaroundtheworldin2022andremainedhighin2023,soalsointheG7countriesexceptJapan.However,inflationrateswereforecasttoslowoverthenextyears.Inflationratesincreasedsharplyallaroundtheworldthrough2022,spurredbyRussia'sinvasionofUkraineinFebruarythatyear.EspeciallygasandelectricitywerehitbypriceincreasesfollowingtheoutbreakoftheRussia-Ukrainewar.ReadmoreNote(s):Canada,France,Germany,Italy,Japan,UnitedKingdom,UnitedStates;October2024;AverageconsumerpricesSource(s):IMFProjectedConsumerPriceIndexintheUnitedStatesfrom2010to2029U.S.projectedConsumerPriceIndex2010-2029400352.27344.85337.6535030025020015010050329.82323.04316.81309.42299.82281.75262.36258.33253.05248.28242.99236.12

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2029*31Description:In2023,theU.S.ConsumerPriceIndexwas309.42,andisprojectedtoincreaseto352.27by2029.Thebaseperiodwas1982-84.ThemonthlyCPIforallurbanconsumersintheU.S.canbeaccessedꢀhere.Afteratimeofhighinflation,theU.S.inflationrateisprojectedfalltotwopercentby2027.UnitedStatesConsumerPriceIndexForecastItisprojectedthattheCPIwillcontinuetoriseyearoveryear,reaching325.6in2027.TheConsumerPriceIndexofallurbanconsumersinprevious[...]

ReadmoreNote(s):UnitedStates;2010to2023;*Projected.DatarepresentU.S.cityaverages.Thebaseperiodwas1982-84=100.Theconsumerpriceindex(CPI)measureschangesinthepricelevelofconsumergoodsandservicespurchasedbyhouseholds.[...]

ReadmoreSource(s):IMFProjectedannualinflationrateintheUnitedStatesfrom2010to2029U.S.projectedannualinflationrate2010-20299%8%8%7%6%5%4%3%2%1%0%4.7%4.1%3.1%2.9%2.4%2.1%2.1%2.1%

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2029*32Description:TheinflationrateintheUnitedStatesisexpectedtodecreaseto2.1percentby2029.2022sawayearofexceptionallyhighinflation,reachingeightpercentfortheyear.ThedatarepresentsU.S.cityaverages.Thebaseperiodwas1982-84.Ineconomics,theinflationrateisameasurementofinflation,therateofincreaseofapriceindex(inthiscase:ꢀconsumerpriceindex).Itisthepercentagerateofchangeinpriceslevelovertime.Therateofdecreaseinthepurchasingpowerof[...]

ReadmoreNote(s):UnitedStates;2010to2029;*Projected.ReadmoreSource(s):IMFProjectedmonthlyprobabilityofarecessionintheUnitedStatesfromNovember2020toNovember2025U.S.monthlyprojectedrecessionprobability2020-202580%70%60%50%40%30%20%10%0%Nov

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'25*33Description:ByNovember2025,itisprojectedthatthereisaprobabilityof33.56percentthattheUnitedStateswillfallintoanothereconomicrecession.Thisreflectsasignificantdecreasefromtheprojectionoftheprecedingmonth.ReadmoreNote(s):UnitedStates;November2020toNovember2025;*ProjectionsReadmoreSource(s):YChartsCHAPTER

06ImpactonconsumerhabitsDifferencebetweentheinflationrateandgrowthofwagesintheUnitedStatesfromDecember2020toDecember2024U.S.inflationrateversuswagegrowth2020-2024WagesInflation10.5%9.5%8.5%7.5%6.5%5.5%4.5%3.5%2.5%1.5%0.5%35Description:InDecember2024,inflationamountedto2.9percent,whilewagesgrewby4.2percent.TheinflationratehasnotexceededtherateofwagegrowthsinceJanuary2023.

ReadmoreNote(s):UnitedStates;December2020toDecember2024Source(s):BureauofLaborStatistics;FederalReserveBankofAtlanta;USCensusBureauDifferenceininflationratesbetweenlowestandhighestincomequartilesintheUnitedStatesfr