Micronesia, Fed. Sts.: Inflation, consumer prices (annual %)
In , Micronesia, Fed. Sts.'s Inflation, consumer prices (annual %) was 5.41.
That's up 69.5% from 2021, the highest value since .
The global average for this indicator in 2022 was 7.39 .
Source: World Bank Open Data (FP.CPI.TOTL.ZG) • Data as of 2022
Trend (2005–2022)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 8.42
- Trough
- -1.04
- 1-year change
- +69.5%
- 5-year change
- +828.9%
- +56.2% / yr
- 10-year change
- +7.8%
- +0.8% / yr
Historical Data — Last 10 Years
| Year | Inflation, consumer prices (annual %) |
|---|---|
| 5.4087 | |
| 3.1913 | |
| 0.5546 | |
| 1.9239 | |
| 1.4984 | |
| 0.5823 | |
| -1.0375 | |
| -0.2981 | |
| 0.6503 | |
| 1.7523 |
About 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. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
Indicator code: FP.CPI.TOTL.ZG • Category: Economy
Frequently asked questions
- What was Micronesia, Fed. Sts.'s Inflation, consumer prices (annual %) in 2022?
- In 2022, Micronesia, Fed. Sts.'s Inflation, consumer prices (annual %) was 5.41, according to World Bank Open Data.
- Is Micronesia, Fed. Sts.'s Inflation, consumer prices (annual %) rising or falling?
- Micronesia, Fed. Sts.'s Inflation, consumer prices (annual %) rose 69.5% from 2021 to 2022.
- How does Micronesia, Fed. Sts.'s Inflation, consumer prices (annual %) compare to the world average?
- The global average for Inflation, consumer prices (annual %) in 2022 was 7.39, so Micronesia, Fed. Sts. is below the world average.
- What is Inflation, consumer prices (annual %) and how is it measured?
- 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. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
Source: World Bank Open Data (FP.CPI.TOTL.ZG), CC BY 4.0.