Of the major developed and emerging economies, China had the lowest inflation rate at 0.2 percent in June 2024. On the other end of the spectrum, the inflation rate in Russia stood at close to nine 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).
Monthly inflation rates in developed and emerging countries from January 2021 to June 2024
(compared to the same month of the previous year)
Characteristic
United States
China
Japan
Germany
Euro Zone
France
United Kingdom
Brazil
Russia
India
Italy
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Bureau of Labor Statistics, & National Bureau of Statistics of China, & Statistics Bureau of Japan, & Statistisches Bundesamt, & Eurostat, & Insee, & Office for National Statistics (UK), & Brazilian Institute of Geography and Statistics, & Russian Federal State Statistics Service, & Labour Bureau India, & Istat. (July 15, 2024). Monthly inflation rates in developed and emerging countries from January 2021 to June 2024 (compared to the same month of the previous year) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1034154/monthly-inflation-rates-developed-emerging-countries/
Bureau of Labor Statistics, und National Bureau of Statistics of China, und Statistics Bureau of Japan, und Statistisches Bundesamt, und Eurostat, und Insee, und Office for National Statistics (UK), und Brazilian Institute of Geography and Statistics, und Russian Federal State Statistics Service, und Labour Bureau India, und Istat. "Monthly inflation rates in developed and emerging countries from January 2021 to June 2024 (compared to the same month of the previous year)." Chart. July 15, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1034154/monthly-inflation-rates-developed-emerging-countries/
Bureau of Labor Statistics, National Bureau of Statistics of China, Statistics Bureau of Japan, Statistisches Bundesamt, Eurostat, Insee, Office for National Statistics (UK), Brazilian Institute of Geography and Statistics, Russian Federal State Statistics Service, Labour Bureau India, Istat. (2024). Monthly inflation rates in developed and emerging countries from January 2021 to June 2024 (compared to the same month of the previous year). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1034154/monthly-inflation-rates-developed-emerging-countries/
Bureau of Labor Statistics, and National Bureau of Statistics of China, and Statistics Bureau of Japan, and Statistisches Bundesamt, and Eurostat, and Insee, and Office for National Statistics (UK), and Brazilian Institute of Geography and Statistics, and Russian Federal State Statistics Service, and Labour Bureau India, and Istat. "Monthly Inflation Rates in Developed and Emerging Countries from January 2021 to June 2024 (Compared to The Same Month of The Previous Year)." Statista, Statista Inc., 15 Jul 2024, https://www.statista.com/statistics/1034154/monthly-inflation-rates-developed-emerging-countries/
Bureau of Labor Statistics & National Bureau of Statistics of China & Statistics Bureau of Japan & Statistisches Bundesamt & Eurostat & Insee & Office for National Statistics (UK) & Brazilian Institute of Geography and Statistics & Russian Federal State Statistics Service & Labour Bureau India & Istat, Monthly inflation rates in developed and emerging countries from January 2021 to June 2024 (compared to the same month of the previous year) Statista, https://www.statista.com/statistics/1034154/monthly-inflation-rates-developed-emerging-countries/ (last visited September 01, 2024)
Monthly inflation rates in developed and emerging countries from January 2021 to June 2024 (compared to the same month of the previous year) [Graph], Bureau of Labor Statistics, & National Bureau of Statistics of China, & Statistics Bureau of Japan, & Statistisches Bundesamt, & Eurostat, & Insee, & Office for National Statistics (UK), & Brazilian Institute of Geography and Statistics, & Russian Federal State Statistics Service, & Labour Bureau India, & Istat, July 15, 2024. [Online]. Available: https://www.statista.com/statistics/1034154/monthly-inflation-rates-developed-emerging-countries/