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This sub-template returns the associated country's CPI for a specific year. It is used by {{Inflation/US}} for calculating the inflation rate between two given years, which in turn is used by {} to calculate inflated values. It usually isn't meant to be called directly.
This template defaults to calculating the inflation of Consumer Price Index values: staples, workers' rent, small service bills (doctor's costs, train tickets). For inflating capital expenses, government expenses, or the personal wealth and expenditure of the rich, the US-GDP or UK-GDP indexes should be used, which calculate inflation based on the gross domestic product (GDP) for the United ...
In November 2024, Argentina's monthly inflation rate slowed to 2.4%, the lowest in over four years. Annual inflation was expected to end 2024 closer to 100%. [197] Favourable results and normalization in Argentina’s economy are expected to continue in 2025. The annual inflation rate, which was 211% in 2023, is expected to be below 30% in 2025.
The building of roads in the early years of the 19th century greatly lowered transportation costs and was a factor in the deflation of 1819 to 1821, which was one of the most severe in U.S. history. [9]: 133 Some turnpikes were wooden plank roads, which typically cost about $1,500 to $1,800 per mile, but wore out quickly.
As the 1980s started with a recession, the inflation rate hit its highest point since 1947. While falling and rising multiple times over the decade, inflation rates mostly stayed above 3%. 1980: 13.5%
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By comparison, inflation under Biden peaked at 9% in 2022 as oil spiked after Russia invaded Ukraine, while the fed funds rate reached as high as 5.25%-5.5% in 2023. ... But less than a year after ...
“Because inflation is the highest in 40 years, this is the largest increase in 40 years — so in 18 months, the average taxpayer will see a larger tax refund for 2023 tax season in 2024 ...