International Inflation Rates

2025-04-18

World Inflation
Global Inflation
International Inflation
Consumer Price Index International
World Consumer Price Index
Global Consumer Price Indexes
CPI
Cost of Living 2025

Global inflation presents a varied landscape in early 2025, with stark contrasts across regions. Major developed economies, such as the US, UK, and Germany, enjoy relative stability around central bank targets, while nations like Argentina, Turkey, and Zimbabwe face severe economic instability with high inflation rates eroding purchasing power. Asia offers divergent scenarios, from deflationary pressures in China to moderate inflation in India and Japan. Prospective migrants must carefully consider these factors, as inflation significantly influences living costs and economic stability, shaping decisions around relocation and financial planning. The cost of living and inflation is highly individualized. Everyone experiences it differently depending what "baskets" they spend their money on. The latest international consumer price index (CPI) inflation rates for 225 countries / states, updated daily.

In 2025, across the globe, inflation continues to shift unpredictably, shaping the economic and social landscapes in ways both subtle and dramatic. Recent data reveals stark contrasts: hyperinflation ravages South Sudan at 113%, while China grapples with deflation, slipping to -0.1%. Amidst such extremes, individuals contemplating international relocation face profound considerations about the cost of living and economic stability in potential new homes.

At a global level, inflationary pressures have eased somewhat, stabilising in major economies around targets set by central banks. The United States and the United Kingdom hover near 2.4% and 2.6%, respectively, signalling relative stability following turbulent years. However, emerging economies continue to experience significant volatility, driven by a complex interplay of geopolitical tensions, currency fluctuations, and persistent food and energy crises.

Regionally, stark disparities emerge. In Latin America, Argentina’s chronic struggle continues, with inflation reaching an alarming 55.9%. Years of fiscal mismanagement, excessive monetary expansion, and currency devaluation have entrenched price spirals, severely eroding purchasing power. Conversely, Brazil exhibits comparatively moderate inflation at 5.5%, reflecting the cautious success of monetary tightening measures by the central bank, though it remains sensitive to commodity price swings.

Africa presents a similarly varied picture. Angola and Ghana battle inflation rates above 20%, driven by currency depreciation and external debt vulnerabilities. In Zimbabwe, the legacy of hyperinflation persists at 33.6%, complicating economic recovery efforts and undermining consumer confidence. Yet, countries like South Africa and Kenya maintain relatively stable inflation rates at around 3%, underpinned by prudent fiscal policies and relatively diversified economies.

Europe, by contrast, enjoys greater price stability, though significant divergence exists. Eurozone economies such as Germany (2.2%) and France (0.8%) benefit from disciplined monetary policies from the European Central Bank, though peripheral nations such as Poland (4.9%) and Hungary (4.7%) face challenges exacerbated by energy dependence on external suppliers and internal political pressures.

Asia's economies exhibit varied inflation trajectories. India’s inflation at 3.3% reflects stabilisation following earlier surges caused by supply chain disruptions and energy import dependence. Japan, facing persistent inflation at 3.7%, contends with imported inflation and a weaker yen. Conversely, deflation in China at -0.1% signals a potential economic slowdown, prompting concerns about debt sustainability and the effectiveness of stimulus measures.

The Middle East provides yet another spectrum of inflation experiences. Turkey’s persistently high inflation rate of 38.1% continues to severely affect living standards, driven by monetary policy mismanagement, political instability, and exchange rate crises. In stark contrast, the Gulf nations, such as Saudi Arabia (2.3%) and the UAE (3.2%), maintain controlled inflationary environments, bolstered by significant fiscal buffers and robust energy exports.

Prospective migrants or expatriates evaluating these economies must weigh the complex interplay of inflation, wages, and quality of life. In Buenos Aires, Argentina, inflation erodes savings and demands rapid expenditure of earnings, complicating long-term financial planning. Conversely, relocating to Dubai, UAE, offers stability but comes with high accommodation costs and lifestyle expenditures.

China, historically attractive for cost-effective living, now poses the nuanced risk of deflation, which could herald economic stagnation, job losses, and reduced wage growth prospects. Similarly, European cities such as Paris and Berlin provide stability but at a cost—elevated housing expenses and limited purchasing power, particularly amidst current uncertainties over energy prices following geopolitical shifts.

In Africa, cities like Accra in Ghana or Luanda in Angola offer attractive career opportunities but at the cost of heightened daily expenses due to import dependency and currency instability. Professionals must be prepared for abrupt price adjustments and potential erosion of earnings.

Inflation in advanced economies, while moderate, impacts day-to-day living more subtly yet persistently. Relocating to London or New York involves navigating consistently high living costs, including escalating rents and sustained pressure on disposable incomes, despite seemingly modest inflation figures.

Ultimately, the global inflation landscape underscores the necessity of thorough financial planning and consideration of macroeconomic stability when choosing a new international destination. The variability in cost-of-living trends demands careful analysis not just of headline inflation figures but deeper evaluation of economic fundamentals and local conditions. Such prudence will ensure that the promise of a new locale does not devolve into an unintended financial strain.

In summary the latest inflation rate trends in the largest economies:

  • Australia: 2.4% in December 2024, down from 2.8% in September 2024, and 3.8% in June 2024.
  • Brazil: 5.48% in March 2025, up from 5.06% in February 2025, and 4.56% in January 2025.
  • Canada: 2.3% in March 2025, down from 2.6% in February 2025, up from 1.9% in January 2025.
  • China: -0.1 in March 2025, up from -0.7 in February 2025, down from 0.5% in January 2025.
  • France: 0.8% in March 2025 the same as February 2025, down from 1.7% in January 2025.
  • Germany: 2.2% in March 2025, down from 2.3% in February and January 2025.
  • Hong Kong: 1.4% in February 2025, down from 2% in January 2025, the same as 1.4% in December 2024.
  • India: 3.34% in March 2025, down from 3.61% in February 2025, and 4.31 in January 2025.
  • Indonesia: 1.03% in March 2025, up from -0.09 in February 2025, down from 0.76% in January 2025.
  • Italy: 1.9% in March 2025, up from 1.6% in February 2025, and 1.5% in January 2025.
  • Japan: 3.6% in March 2025, down from 3.7% in February 2025, and 4% in January 2025.
  • Saudi Arabia: 2.3% in March 2025, up from 2% in January and February 2025.
  • Singapore: 0.9% in February 2025, down from 1.2% in January 2025, and 1.5% in December 2024.
  • South Africa: 3.2% in February 2025, the same as 3.2% in January 2025, up from 3% in December 2024.
  • South Korea: 2.1% in March 2025, up from 2% in February 2025, down from 2.2% in January 2025.
  • Spain: 2.3% in March 2025, down from 3% in February 2025, and 2.9% in January 2025.
  • Taiwan: 2.29% in March 2025, up from 1.58% in February 2025, down from 2.66% in January 2025.
  • Turkey: 38.1% in March 2025, down from 39.05% in February 2025 and 42.12% in January 2025.
  • United Arab Emirates: 3.15% in February 2025, the same as 3.15% in January 2025, up from 2.89% in December 2024.
  • United Kingdom: 2.6% in March 2025, down from 2.8% in February 2025, and 3% in January 2025.
  • United States: 2.4% in March 2025, down from 2.8% in February 2025, and 3% in January 2025.