Iran's parliament has voted to slash four zeros from the national currency, the rial, to fight hyperinflation caused by crippling U.S. sanctions and the coronavirus pandemic. Lawmakers also decided on May 4 that the rial, which has been Iran's national currency since 1925, will be replaced by the toman, which will be equal to 10,000 rials, according to the IRNA and ISNA news agencies.

Armadas of sheep, ragequitting farmers, warring ogres, and super powered raccoons are unleashed upon the world this holiday season. Will the heroes of RPGamer be...

The rate of Consumer Price Index inflation decreased by 0.2 per cent to 1.5 per cent in March amid the coronavirus outbreak, the Office for National Statistics has said.

India has inflation and it reflects the fundamental growth, Christopher Wood, equity strategist, CLSA, said at ET Now Mkt Summit-2010.

When inflation targeting came to Canada, it was the government not the Bank of Canada that proposed it. Why? Three possible explanations come to mind. First, perhaps the government thought it was a fundamentally good idea. Second, the government was in the process of introducing a new goods and services tax, which would boost headline…

Summary Kristin Forbes explores whether growing globalization has played a role in inflation over the last decade, finding that its role in determining CPI inflation dynamics has increased since the financial crisis. Forbes argues that a better treatment of globalization in inflation models will help improve forecasts and could help explain the growing wedge between…

Summary Philippe Andrade, Jordi Galí, Hervé Le Bihan, and Julien Matheron study how changes in the steady-state natural interest rate affect the optimal inflation target, finding that starting from pre-crisis values, a 1 percentage point decline in the natural rate should be accommodated by an increase in the optimal inflation target of about 0.9 to…

The Federal Reserve painted a dour picture of current conditions and pledged Wednesday to continue its historically aggressive policy.

The inflation rate in Iraq was recorded at 0.90 percent in January of 2020. Inflation Rate in Iraq averaged 9.53 percent from 2005 until 2020, 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. In Iraq, the most important components of the Consumer Price Index (CPI) basket are: housing, water, electricity and LPG (31.3 percent of total weight) and food and non-alcoholic beverages (30.1 percent). Transportation accounts for 11.1 percent, clothes and footwear for 7.3 percent, house supplies, appliances and maintenance for 6.4 percent. The index also includes: miscellaneous services and goods (3.9 percent), communications (2.9 percent), health (2.3 percent), recreation and culture (1.6 percent), restaurants (1.4 percent), education (1 percent) and alcoholic, beverages and tobacco (0.7 percent). The index has a base of 100 as of 2007. This page provides the latest reported value for - Iraq Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cost of food in Iraq decreased 2.80 percent in January of 2020 over the same month in the previous year. Food Inflation in Iraq averaged 0.79 percent from 2011 until 2020, reaching an all time high of 13.27 percent in April of 2012 and a record low of -7.19 percent in January of 2015. This page provides the latest reported value for - Iraq Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Consumer Price Index in Gambia increased 0.63 percent in December of 2019 over the previous month. Inflation Rate Mom in Gambia averaged 0.53 percent from 2011 until 2019, reaching an all time high of 1.29 percent in April of 2019 and a record low of 0.14 percent in April of 2012. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Gambia Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Gambia increased 7.64 percent in December of 2019 over the same month in the previous year. Food Inflation in Gambia averaged 7.14 percent from 2012 until 2019, reaching an all time high of 10 percent in January of 2017 and a record low of 4.57 percent in April of 2012. This page provides the latest reported value for - Gambia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The inflation rate in Burundi was recorded at 5.10 percent in January of 2020. Inflation Rate in Burundi averaged 10.81 percent from 1974 until 2020, reaching an all time high of 44.93 percent in May of 1997 and a record low of -8.40 percent in October of 2018. In Burundi, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Burundi Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Burundi increased 1.10 percent in January of 2020 over the previous month. Inflation Rate Mom in Burundi averaged 0.45 percent from 2012 until 2020, reaching an all time high of 6.80 percent in February of 2017 and a record low of -2.60 percent in June of 2019. This page provides - Burundi Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Ukraine increased 1.80 percent in March of 2020 over the same month in the previous year. Food Inflation in Ukraine averaged 12.96 percent from 2007 until 2020, reaching an all time high of 53.70 percent in April of 2015 and a record low of -5 percent in June of 2012. This page provides the latest reported value for - Ukraine Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Consumer Price Index in Luxembourg decreased 0.65 percent in March of 2020 over the previous month. Inflation Rate Mom in Luxembourg averaged 0.16 percent from 1995 until 2020, reaching an all time high of 1.90 percent in February of 2013 and a record low of -1.66 percent in January of 1999. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Luxembourg Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Nepal was recorded at 6.90 percent in February of 2020. Inflation Rate in Nepal averaged 8.16 percent from 1964 until 2020, reaching an all time high of 30.42 percent in May of 1966 and a record low of -11.54 percent in May of 1967. In Nepal, the most important categories in the consumer price index are food and beverages (43.91 percent of the total weight) and housing, water, electricity, gas and other fuels (20.3 percent). The index also includes: education (7.4 percent); clothing and footwear (7.1 percent); transport (5.3 percent); furnishings, housing equipment (4.3 percent); healthcare (3.5 percent); communication (2.8 percent); miscellaneous goods and services (2.8 percent) and recreation and culture (2.5 percent). This page provides the latest reported value for - Nepal Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cost of food in Nepal increased 9.80 percent in February of 2020 over the same month in the previous year. Food Inflation in Nepal averaged 9.39 percent from 2007 until 2020, reaching an all time high of 21.42 percent in June of 2009 and a record low of -1 percent in June of 2017. This page provides the latest reported value for - Nepal Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Consumer Price Index in Rwanda increased 1.90 percent in March of 2020 over the previous month. Inflation Rate Mom in Rwanda averaged 0.41 percent from 2009 until 2020, reaching an all time high of 4.04 percent in September of 2013 and a record low of -3.94 percent in December of 2013. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Rwanda Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Brunei increased 0.10 percent in November of 2019 over the previous month. Inflation Rate Mom in Brunei averaged -0.01 percent from 2013 until 2019, reaching an all time high of 1.60 percent in December of 2014 and a record low of -1.80 percent in January of 2016. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Brunei Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Brunei was recorded at -0.10 percent in November of 2019. Inflation Rate in Brunei averaged 0.48 percent from 2007 until 2019, reaching an all time high of 3.59 percent in October of 2008 and a record low of -1.60 percent in December of 2016. In Brunei, the most important categories in the consumer price index are food and non-alcoholic beverages (19 percent of the total weight) and transport (18.8 percent). The index also includes: housing, water, electricity, gas and other fuels (11 percent); furnishings, household equipment and routine (11 percent); recreation and cultural activities (9.1 percent); hotels and restaurants (8.8 percent); miscellaneous goods and services (6.5 percent); communication (6.0 percent); clothing and footwear (4.2 percent); education (3.9 percent) and health (1.3 percent). This page provides the latest reported value for - Brunei Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cost of food in Brunei decreased 0.60 percent in November of 2019 over the same month in the previous year. Food Inflation in Brunei averaged 1.19 percent from 2007 until 2019, reaching an all time high of 8.34 percent in April of 2012 and a record low of -2.41 percent in February of 2010. This page provides the latest reported value for - Brunei Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This paper compares two competing empirical specifications across all OECD economies, where competing specifications correspond to the 'former' and 'new' specification for deriving measures of the unemployment gap which underlie the OECD’s Economic Outlook projections.

Declining inflation in many countries over the past few decades at the same time as rising global competition has led to a debate on the importance of globalisation for domestic inflation. This paper explores the implications of global value chain (GVC) integration and market contestability for inflation using a range of industry-level and micro-data sources.

Markets and commentators are speculating that there may be a sustained pick-up in inflation in the United States, after years of subdued price pressures. Along with continued solid US jobs growth and low unemployment, there are tentative signs of higher wage growth and the fiscal stimulus will also boost short-term growth. Global growth is also getting stronger.

As discussed in the latest OECD Economic Outlook, the prolonged undershooting of inflation targets, despite massive monetary policy stimulus and stronger economic growth and lower unemployment, raises issues about the appropriateness of current inflation targeting frameworks in advanced economies. While the frameworks differ in detail and implementation, they are principally based on medium-term inflation objectives of 2%.

Inflation may be present in some parts of an economy but not others. Contributions to annual inflation show how much different product groups contribute to overall inflation in a given year.

Core consumer prices in Ukraine increased 3 percent in February of 2020 over the same month in the previous year. Core Inflation Rate in Ukraine averaged 10.37 percent from 2010 until 2020, reaching an all time high of 47.10 percent in April of 2015 and a record low of 0 percent in February of 2014. In Ukraine, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Ukraine Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Greece increased 0.20 percent in January of 2020 over the same month in the previous year. Core Inflation Rate in Greece averaged -0.25 percent from 2010 until 2020, reaching an all time high of 3.13 percent in July of 2010 and a record low of -16.39 percent in October of 2014. In Greece, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides the latest reported value for - Greece Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Rwanda increased 2.80 percent in February of 2020 over the same month in the previous year. Core Inflation Rate in Rwanda averaged 5.25 percent from 2005 until 2020, reaching an all time high of 19.10 percent in March of 2009 and a record low of 1.30 percent in January of 2011. This page provides - Rwanda Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Mali decreased 0.40 percent in February of 2020 over the same month in the previous year. Core Inflation Rate in Mali averaged -0.11 points from 2015 until 2020, reaching an all time high of 3.40 points in July of 2017 and a record low of -5 points in November of 2019. This page provides - Mali Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Netherlands increased 1.60 percent in May of 2019 over the same month in the previous year. Core Inflation Rate in Netherlands averaged 1.66 percent from 1997 until 2019, reaching an all time high of 3.90 percent in January of 2002 and a record low of 0.10 percent in March of 2006. In Netherlands, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Netherlands Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in China increased 1.20 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in China averaged 1.38 percent from 2008 until 2020, reaching an all time high of 2.50 percent in June of 2011 and a record low of -1.60 percent in August of 2009. In China, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - China Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in the United States increased 2.10 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in the United States averaged 3.60 percent from 1957 until 2020, reaching an all time high of 13.60 percent in June of 1980 and a record low of 0 percent in May of 1957. In the United States, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes volatile food and fuel costs. This page provides - United States Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in France increased 0.70 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in France averaged 1.31 percent from 1991 until 2020, reaching an all time high of 4 percent in February of 1991 and a record low of -0.20 percent in November of 2014. This page provides the latest reported value for - France Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Spain increased 1.10 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Spain averaged 5.76 percent from 1977 until 2020, reaching an all time high of 27.10 percent in September of 1977 and a record low of -0.10 percent in April of 2010. In Spain, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Spain Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Italy increased 0.70 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Italy averaged 1.65 percent from 1997 until 2020, reaching an all time high of 3.06 percent in August of 2008 and a record low of 0.20 percent in October of 2016. In Italy, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides the latest reported value for - Italy Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Germany increased 1.30 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Germany averaged 1.61 percent from 1992 until 2020, reaching an all time high of 6.29 percent in May of 1992 and a record low of 0.19 percent in December of 2010. This page provides the latest reported value for - Germany Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Luxembourg increased 1.10 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Luxembourg averaged 1.68 percent from 1996 until 2020, reaching an all time high of 2.90 percent in July of 2001 and a record low of -1.60 percent in January of 1999. This page provides - Luxembourg Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in the United Kingdom increased 1.60 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in the United Kingdom averaged 1.64 percent from 1997 until 2020, reaching an all time high of 3.70 percent in April of 2011 and a record low of -0.10 percent in June of 2000. In the United Kingdom, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - United Kingdom Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in South Africa increased 3.70 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in South Africa averaged 4.93 percent from 2009 until 2020, reaching an all time high of 8.30 percent in May of 2009 and a record low of 2.90 percent in January of 2011. In South Africa, core consumer prices measure a broad rise or fall in prices that consumers pay for a standard basket of goods, excluding volatile items such as food and non-alcoholic beverages, fuel and energy. This page provides the latest reported value for - South Africa Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Canada increased 1.70 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Canada averaged 2.14 percent from 1984 until 2020, reaching an all time high of 5.40 percent in January of 1987 and a record low of 0 percent in June of 1984. In Canada, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Canada Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Japan increased 0.40 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Japan averaged 2.48 percent from 1971 until 2020, reaching an all time high of 24.70 percent in October of 1974 and a record low of -2.40 percent in August of 2009. In Japan, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes prices of fresh food. This page provides - Japan Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Morocco increased 0.80 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Morocco averaged 1.07 percent from 2010 until 2020, reaching an all time high of 2.50 percent in June of 2013 and a record low of 0 percent in April of 2010. This page provides - Morocco Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Australia increased 1.80 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Australia averaged 3.59 percent from 1983 until 2020, reaching an all time high of 10.70 percent in the first quarter of 1983 and a record low of 1.50 percent in the fourth quarter of 2016. In Australia, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Australia Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Portugal decreased 0.10 percent in April of 2020 over the same month in the previous year. Core Inflation Rate in Portugal averaged 7.45 percent from 1978 until 2020, reaching an all time high of 31.27 percent in May of 1984 and a record low of -0.57 percent in January of 2010. This page provides - Portugal Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Turkey increased 11.65 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Turkey averaged 8.34 percent from 2004 until 2020, reaching an all time high of 24.34 percent in October of 2018 and a record low of 2.50 percent in October of 2010. In Turkey, core consumer prices measure a broad rise or fall in prices that consumers pay for a standard basket of goods, excluding volatile items such as energy, food and non-alcoholic beverages, alcoholic beverages, tobacco and gold. This page provides the latest reported value for - Turkey Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Mexico increased 3.50 percent in April of 2020 over the same month in the previous year. Core Inflation Rate in Mexico averaged 23.43 percent from 1983 until 2020, reaching an all time high of 176.90 percent in February of 1988 and a record low of 2.30 percent in August of 2015. In Mexico, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Mexico Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Iraq increased 1.30 percent in February of 2020 over the same month in the previous year. Core Inflation Rate in Iraq averaged 7.82 percent from 2000 until 2020, reaching an all time high of 107.04 percent in July of 2004 and a record low of -2.10 percent in January of 2016. In Iraq, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides the latest reported value for - Iraq Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The inflation rate in Algeria was recorded at 1.70 percent in February of 2020. Inflation Rate in Algeria averaged 4.62 percent from 2001 until 2020, reaching an all time high of 11.92 percent in April of 2012 and a record low of 0.40 percent in June of 2019. In Algeria, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides the latest reported value for - Algeria Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.