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The purpose of this template is to automatically convert and format currency applying adjustment for inflation where appropriate. Rates of exchange and inflation must be manually copied by editors in the supporting templates therefore this template's output does not necessarily reflect the present exchange rates or price indices but, rather, reflects the rates and indices at the time of the ...
But prices spiked in the pandemic, and the annual inflation rate reached a 40-year high of 9.1% in mid-2022. The Fed stepped in, raising interest rates dramatically in 2022 and 2023 to cool the ...
On January 5, 2023, the Philippines rapidly increased to a record-breaking 8.1% inflation from December 2022. [228] [229] In October 2022, the Japanese yen touched a 32-year low against the U.S. dollar, mainly because of the strength of the latter. [230] [231] In November, the Japanese core inflation rate reached a 41-year high of 3.7%. [232]
As of October 2022, inflation is at 7.7% compared to a year prior, with food, airline fares, public transportation, health insurance and gasoline seeing some of the largest price increases. But ...
Prices for U.S. consumers jumped 6.2% in October compared with a year earlier as surging costs for food, gas and housing left Americans grappling with the highest inflation rate since 1990. The ...
Provides a standard way of indicating the "current" year of the inflated prices calculated by the Inflation template. This template is relied upon by the Inflation template, but can also be called directly in articles needing to specify the currently most recent year for which inflation is calculated for a given index. See the Inflation template for usage examples. Template parameters [Edit ...
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual inflation rose by 2.6%. That's not an alarmingly high rate of inflation.
Inflation has eased considerably since peaking at 9.1% in June 2022 and has steadily cooled. Still, October’s increase was to be expected, due to unfavorable comparisons from a year ago and ...