IMF Consumer Price Inflation (CPI) Data: Regional Trends and Country Rankings
🌍 International Monetary Fund (IMF) Consumer Price Inflation Overview The International Monetary Fund (IMF) publishes key economic indicators, including forecasts for Consumer Price Inflation (CPI) , as part of its regular reports, notably the World Economic Outlook (WEO) . CPI inflation is the most widely used measure of inflation, reflecting the percentage change in the cost of a representative basket of consumer goods and services over time. What is IMF Consumer Price Inflation? The IMF's inflation indicator, often presented as the "Inflation rate, average consumer prices (Annual percent change)" in the WEO database, represents the year-over-year percentage change in the Consumer Price Index (CPI) for a given country or region. Consumer Price Index (CPI): The CPI is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Inflation Rate: The annual percentage change in the CPI is the cons...