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Forecast of inflation rate globally 2021-2022, by country

Published by M. Szmigiera, Jul 9, 2021
As of July 2021, the inflation rate for the United States was forecast to reach 3.41 percent in 2021, and 2.67 percent in 2022. According to the forecasts, the inflation rate in Argentina was projected to amount to almost 45 percent in 2021, which was by far the highest value among the presented countries.

Forecast of inflation rate worldwide for 2021 and 2022, by country

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Source

Release date

July 2021

Region

Worldwide

Survey time period

July 2021

Supplementary notes

The source adds the following information: "Inflation forecast is measured in terms of the consumer price index (CPI) or harmonised index of consumer prices (HICP) for euro area countries, the euro area aggregate and the United Kingdom. Inflation measures the general evolution of prices. It is defined as the change in the prices of a basket of goods and services that are typically purchased by households. Projections are based on an assessment of the economic climate in individual countries and the world economy, using a combination of model-based analyses and expert judgement. The indicator is expressed in annual growth rates."

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