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Inflation hit past 100% in February 2023 for the first time since 1991. [198] [199] Argentina's December 2023 annual inflation was the highest in the world at 211.4%. [200] Chile had low inflation for several years thanks to the monetary policy of its autonomous central bank.
Core CPI (blue) is less volatile than the full CPI-U (red), shown here as the annual percentage change, 1983–2021. A Core CPI index is a CPI that excludes goods with high price volatility, typically food and energy, so as to gauge a more underlying, widespread, or fundamental inflation that affects broader sets of items. More specifically ...
In the wake of the coronavirus pandemic, the U.S. Congress passed a series of stimulus bills to provide direct checks to Americans. The last of these was paid out in March 2021. As federal payments...
In 2021–2022, most countries experienced a considerable increase in inflation, peaking in 2022 and declining in 2023. The causes are believed to be a mixture of demand and supply shocks, whereas inflation expectations generally seem to remain anchored (as per May 2023). [100]
US consumer prices rose 3.4% annually to close out 2023, capping a year of substantial progress on efforts to rein in decades-high inflation. America’s final inflation report for 2023 just came ...
The Consumer Price Index, a measurement of price changes for a commonly purchased basket of goods and services, briskly retreated from a 2.9% annual increase in July to 2.5% in August, marking the ...
April 12, 2023 at 10:56 AM. Consumer prices rose at the slowest pace since May 2021 as inflation showed further signs of easing in March, ...
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 ...