Upper 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 | 11.15196409 |
| 1978 | 9.58437912 |
| 1979 | |
| 1980 | |
| 1981 | 13.65732808 |
| 1982 | 9.8521164 |
| 1983 | 10.54117372 |
| 1984 | 9.51625193 |
| 1985 | 12.96168631 |
| 1986 | 9.72219328 |
| 1987 | 8.25624583 |
| 1988 | 8.75549685 |
| 1989 | 9.27649555 |
| 1990 | 12.44221746 |
| 1991 | 14.40267488 |
| 1992 | 10.63019969 |
| 1993 | 13.07524676 |
| 1994 | 20.56619484 |
| 1995 | 13.42541436 |
| 1996 | 9.7889204 |
| 1997 | 7.11636462 |
| 1998 | 6.84566981 |
| 1999 | 5.01997015 |
| 2000 | 4.8906255 |
| 2001 | 6.03481912 |
| 2002 | 5.70951586 |
| 2003 | 4.54690012 |
| 2004 | 4.7103706 |
| 2005 | 4.5403692 |
| 2006 | 4.41589984 |
| 2007 | 5.54438486 |
| 2008 | 9.88999789 |
| 2009 | 2.59194673 |
| 2010 | 3.6890123 |
| 2011 | 5.24248578 |
| 2012 | 3.67591898 |
| 2013 | 2.74483622 |
| 2014 | 3.10590131 |
| 2015 | 1.78640244 |
| 2016 | 2.04528421 |
| 2017 | 3.20530972 |
| 2018 | 2.61122378 |
| 2019 | 1.84922985 |
| 2020 | 1.64666379 |
| 2021 | 3.49505757 |
| 2022 | 8.2747749 |
Upper 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.