Einar H. Dyvik
Research expert covering Nordics and global data for society, economy, and politics
Get in touch with us nowOf the major developed and emerging economies, China had the lowest inflation rate at 0.1 percent in March 2024. On the other end of the spectrum, the inflation rate in Russia stood at 7.7 percent. The country's inflation rate increased sharply after the country's President, Vladimir Putin, decided to invade Ukraine, but declined somewhat since.
The rate of inflation reflects changes in the cost of a specified basket containing a representative selection of goods and services. It is derived from the consumer price index (CPI).
You only have access to basic statistics.
This statistic is not included in your account.
Business Solutions including all features.
Inflation worldwide
Country comparison
Inflation rates in selected countries
Consumer Price Index and forecasts
Industry comparison
Perception of inflation
Other price indices
Further related statistics