Inflation rates in 2023 Historical international inflation rates for the year 2023
This page shows the average inflation figures for 2023 for a large number of countries so that you can easily compare them with one another. Depending on the year, we show inflation based on the CPI (consumer price index) and the HICP (harmonised consumer price index). The CPI is often considered a country's most important inflation figure. The HICP is a European measure in order to be able to compare European inflation figures effectively. Below the summary table you can view the development of inflation over the year 2023 for each country.
|
Country/Region
|
Type
|
Average
|
|
|---|---|---|---|
| CPI Austria |
Austria
|
CPI
|
7.88 %
|
| CPI Belgium |
Belgium
|
CPI
|
4.11 %
|
| CPI Brazil |
Brazil
|
CPI
|
4.60 %
|
| CPI Canada |
Canada
|
CPI
|
3.89 %
|
| CPI Chile |
Chile
|
CPI
|
7.69 %
|
| CPI China |
China
|
CPI
|
0.24 %
|
| CPI Czech Republic |
Czech Republic
|
CPI
|
10.79 %
|
| CPI Denmark |
Denmark
|
CPI
|
3.37 %
|
| CPI Estonia |
Estonia
|
CPI
|
9.47 %
|
| CPI Finland |
Finland
|
CPI
|
6.29 %
|
| CPI France |
France
|
CPI
|
4.89 %
|
| CPI Germany |
Germany
|
CPI
|
5.99 %
|
| CPI Greece |
Greece
|
CPI
|
3.50 %
|
| CPI Hungary |
Hungary
|
CPI
|
17.60 %
|
| CPI Iceland |
Iceland
|
CPI
|
8.76 %
|
| CPI India |
India
|
CPI
|
5.56 %
|
| CPI Indonesia |
Indonesia
|
CPI
|
3.68 %
|
| CPI Ireland |
Ireland
|
CPI
|
6.36 %
|
| CPI Israel |
Israel
|
CPI
|
4.24 %
|
| CPI Italy |
Italy
|
CPI
|
5.72 %
|
| CPI Japan |
Japan
|
CPI
|
3.27 %
|
| CPI Luxembourg |
Luxembourg
|
CPI
|
3.75 %
|
| CPI Mexico |
Mexico
|
CPI
|
5.55 %
|
| CPI Norway |
Norway
|
CPI
|
5.54 %
|
| CPI Poland |
Poland
|
CPI
|
11.74 %
|
| CPI Portugal |
Portugal
|
CPI
|
4.38 %
|
| CPI Slovakia |
Slovakia
|
CPI
|
10.66 %
|
| CPI Slovenia |
Slovenia
|
CPI
|
7.51 %
|
| CPI South Korea |
South Korea
|
CPI
|
3.61 %
|
| CPI South-Africa |
South Africa
|
CPI
|
6.09 %
|
| CPI Spain |
Spain
|
CPI
|
3.56 %
|
| CPI Sweden |
Sweden
|
CPI
|
8.63 %
|
| CPI Switzerland |
Switzerland
|
CPI
|
2.14 %
|
| CPI The Netherlands |
The Netherlands
|
CPI
|
3.93 %
|
| CPI Türkiye |
Türkiye
|
CPI
|
53.44 %
|
| CPI United Kingdom |
United Kingdom
|
CPI
|
6.84 %
|
| CPI United States |
United States
|
CPI
|
4.14 %
|
| HICP Austria |
Austria
|
HICP
|
7.78 %
|
| HICP Belgium |
Belgium
|
HICP
|
2.35 %
|
| HICP Czech Republic |
Czech Republic
|
HICP
|
12.12 %
|
| HICP Denmark |
Denmark
|
HICP
|
3.44 %
|
| HICP Estonia |
Estonia
|
HICP
|
9.44 %
|
| HICP Europe |
Europe
|
HICP
|
5.48 %
|
| HICP Finland |
Finland
|
HICP
|
4.39 %
|
| HICP France |
France
|
HICP
|
5.68 %
|
| HICP Germany |
Germany
|
HICP
|
6.09 %
|
| HICP Greece |
Greece
|
HICP
|
4.20 %
|
| HICP Hungary |
Hungary
|
HICP
|
17.55 %
|
| HICP Iceland |
Iceland
|
HICP
|
7.99 %
|
| HICP Ireland |
Ireland
|
HICP
|
5.24 %
|
| HICP Italy |
Italy
|
HICP
|
6.02 %
|
| HICP Lithuania |
Lithuania
|
HICP
|
8.99 %
|
| HICP Luxembourg |
Luxembourg
|
HICP
|
2.95 %
|
| HICP Poland |
Poland
|
HICP
|
11.01 %
|
| HICP Portugal |
Portugal
|
HICP
|
5.33 %
|
| HICP Slovakia |
Slovakia
|
HICP
|
11.09 %
|
| HICP Slovenia |
Slovenia
|
HICP
|
7.28 %
|
| HICP Spain |
Spain
|
HICP
|
3.43 %
|
| HICP Sweden |
Sweden
|
HICP
|
5.98 %
|
| HICP The Netherlands |
The Netherlands
|
HICP
|
4.22 %
|
| HICP Türkiye |
Türkiye
|
HICP
|
53.54 %
|
| HICP United Kingdom |
United Kingdom
|
HICP
|
7.37 %
|
| Not found |
Not found
|
HICP
|
-
|
Our content is based on reliable sources. However, we do not accept liability for any errors. The content of this website is for informational purposes only and is not intended as financial advice. Decisions you make based on the information we display are always at your own expense and risk.
Additional information per country
A graph and a table with additional information about the development of inflation during 2023 can be found below. When you select a country and a type of inflation in the selection box, the page will automatically change and show the development of the inflation figure which you have selected in 2023.
Chart CPI Mexico Inflation
Historical inflation rates in 2023|
Monthly basis
|
Yearly basis
|
|
|---|---|---|
|
January
|
0.68 %
|
7.91 %
|
|
February
|
0.56 %
|
7.62 %
|
|
March
|
0.27 %
|
6.85 %
|
|
April
|
-0.02 %
|
6.25 %
|
|
May
|
-0.22 %
|
5.84 %
|
|
June
|
0.10 %
|
5.06 %
|
|
July
|
0.48 %
|
4.79 %
|
|
August
|
0.55 %
|
4.64 %
|
|
September
|
0.44 %
|
4.45 %
|
|
October
|
0.38 %
|
4.26 %
|
|
November
|
0.64 %
|
4.32 %
|
|
December
|
0.71 %
|
4.66 %
|