Lower middle income | Inflation, consumer prices (annual %)
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
| year | value |
|---|---|
| 1960 | |
| 1961 | |
| 1962 | |
| 1963 | |
| 1964 | |
| 1965 | |
| 1966 | |
| 1967 | |
| 1968 | |
| 1969 | |
| 1970 | |
| 1971 | |
| 1972 | |
| 1973 | |
| 1974 | |
| 1975 | |
| 1976 | |
| 1977 | 11.6041381 |
| 1978 | 7.34609125 |
| 1979 | 10.73192143 |
| 1980 | 14.27134212 |
| 1981 | 12.41326137 |
| 1982 | 10.5278073 |
| 1983 | 11.56752438 |
| 1984 | 10.98386257 |
| 1985 | 7.7286389 |
| 1986 | 8.73355919 |
| 1987 | 8.22580645 |
| 1988 | 8.9104702 |
| 1989 | 9.30436126 |
| 1990 | 10.65350579 |
| 1991 | 13.22426577 |
| 1992 | 10.09896715 |
| 1993 | 9.37034416 |
| 1994 | 13.25603259 |
| 1995 | 10.20904646 |
| 1996 | 9.2753906 |
| 1997 | 7.16425211 |
| 1998 | 9.23493432 |
| 1999 | 4.77855174 |
| 2000 | 4.16540442 |
| 2001 | 4.5673344 |
| 2002 | 3.43280354 |
| 2003 | 5.12899499 |
| 2004 | 4.73580144 |
| 2005 | 5.9550425 |
| 2006 | 6.15687604 |
| 2007 | 7.02551437 |
| 2008 | 11.58107517 |
| 2009 | 5.05393053 |
| 2010 | 4.84551876 |
| 2011 | 6.57308262 |
| 2012 | 5.98172132 |
| 2013 | 5.3537996 |
| 2014 | 5.16590238 |
| 2015 | 3.99737997 |
| 2016 | 3.52317318 |
| 2017 | 3.89251625 |
| 2018 | 4.30866979 |
| 2019 | 3.3934197 |
| 2020 | 4.87167399 |
| 2021 | 4.92841397 |
| 2022 | 8.30646124 |
Lower middle income | Inflation, consumer prices (annual %)
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.