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Indicators/Consumer price inflation (monthly)

inflation · indicator

Consumer price inflation (monthly)

inflation_cpi_yoy_monthly

Consumer price inflation, all items, year-on-year rate for the latest month (HICP for European countries, CPI-U for the United States).

Open in Explore
Unit
percent
Display
percent
Cadence
monthly
Source
ECB Data Portal / FRED
Latest global
Pending
Next global forecast
Pending

How it’s forecast

CPI monthly uses a mean reversion model with a 10-year lookback, 60% recent-data weight, 80% confidence band, and horizons of 1, 3, 5, 10 years.

Why it matters

Lower readings are generally healthier for this metric.

Trajectory

Global history & forecast

No global history or forecast exists for this indicator yet.

Before consensus

Who’s diverging

Countries whose latest reading deviates most from their own recent trend.

  • 1Cyprus5.2%▲+5,100%
  • 2France2.7%▲+285.71%
  • 3Spain4.5%▲+50%
  • 4Sweden0.3%▼−85.71%
  • 5Belgium4.2%▲+90.91%
  • 6Italy3.2%▲+166.67%

Rankings

Highest current readings

Sweden
0.3%
Czechia
1.3%
Estonia
1.3%
Denmark
1.6%
Hungary
1.6%
Malta
1.9%
Finland
2.4%
France
2.7%

By country

Scenario paths — top economies

Observed history with a baseline / optimistic / pessimistic forecast for the largest current readings.

Sweden0.3%
Czechia1.3%
Estonia1.3%
Denmark1.6%
Hungary1.6%
Malta1.9%

Forecast

Latest values & forecast horizons

Per-country latest reading and baseline forecast across horizons.

CountryLatestYear1y3y5y10y
Austria2.9%20263.2%3.4%3.5%3.6%
Belgium4.2%20263.9%3.5%3.4%3.4%
Bulgaria5.1%20264.8%4.5%4.4%4.4%
Croatia3.7%20263.8%3.8%3.8%3.9%
Cyprus5.2%20264.0%2.9%2.5%2.3%
Czechia1.3%20262.6%3.8%4.3%4.5%
Denmark1.6%20261.8%2.0%2.1%2.1%
Estonia1.3%20262.8%4.3%4.8%5.1%
Finland2.4%20262.3%2.3%2.2%2.2%
France2.7%20262.6%2.5%2.4%2.4%
Germany2.9%20263.0%3.0%3.1%3.1%
Greece3.7%20263.2%2.8%2.6%2.6%
Hungary1.6%20263.3%5.0%5.6%5.9%
Ireland3.4%20263.1%2.7%2.6%2.6%
Italy3.2%20262.9%2.7%2.6%2.5%
Latvia2.9%20263.6%4.2%4.4%4.5%
Lithuania5.8%20265.5%5.3%5.2%5.1%
Luxembourg4.0%20263.6%3.1%3.0%2.9%
Malta1.9%20262.1%2.3%2.3%2.4%
Netherlands2.8%20263.1%3.3%3.4%3.4%
Poland3.1%20263.8%4.4%4.7%4.8%
Portugal3.6%20263.2%2.8%2.7%2.6%
Romania8.2%20267.4%6.6%6.3%6.2%
Slovakia3.1%20263.7%4.3%4.5%4.6%
Slovenia3.4%20263.3%3.2%3.2%3.2%
Spain4.5%20263.8%3.2%3.0%2.8%
Sweden0.3%20261.3%2.2%2.5%2.7%
United States4.2%20263.9%3.6%3.5%3.4%

Continue

Where this signal feeds in

Jump from this cross-country indicator into a specific country, the sector composites it powers, and the trackers it informs.

View in a country

United KingdomUnited StatesGermanyJapanIndia

Sector composites & trackers using this

UK Inflation & prices health →UK expectations index ↗Inflation surprise ↗

Sources

Methodology & source

CPI monthly uses a mean reversion model with a 10-year lookback, 60% recent-data weight, 80% confidence band, and horizons of 1, 3, 5, 10 years.

ECB Data Portal / FREDMethodology
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