IMF DATA

Help

Data Home
News
IMF Data Brief: Global Annual Inflation and Industrial Production

Publication date:

Mar 05, 2025

IMF Data Brief: Global Annual Inflation and Industrial Production

Datasets:

Consumer Price Index (CPI)Production Indexes (PI)

February 19 – March 4, 2025

Steady and Slow Decrease in Global Annual Inflation, with Regional Variation

Inflation, Country Data, November 2024
(Contributors: Ragnhild Nygaard, Brian E. Graf and Abdulrahman Gweder)

Global annual inflation was 4.7 percent in January 2025, down from 4.8 percent in December 2024. Annual inflation, measured by 12-month change in the Consumer Price Index, has gradually and slowly declined since its 9.5 percent peak registered in September 2022. In the early post-COVID period, inflation decreased broadly across regions. More recently, global inflation decline has been driven by rapid disinflation in a few selected countries while elsewhere inflation rates have mostly stalled or even picked up somewhat.

147

While the trends are broadly synchronized, annual inflation rates exhibit considerable variation across regions (and across countries within regions). In the last few years, the Europe and Central Asia region has been a key driver of the overall inflation, reflecting a combination of the region’s high weight in the global average and big swings in its inflation rate.

149

Notes: Global and regional annual inflation is calculated using geometrically weighted averages of officially disseminated Consumer Price Indexes (CPIs) and 2021 purchasing power parity (PPP) expenditure data.
Reference period and data source: January 2025, IMF CPI Database: 158 total economies at the global level, including 2 North America, 47 Europe and Central Asia, 39 Sub-Saharan Africa, 27 Latin America and Caribbean, 18 Middle East and North Africa, 18 East Asia and Pacific, and 7 South Asia economies.

EXPLORE THIS DATASET

World Industrial Production Increased 0.1 Percent in November 2024

Country Data and Country Group Aggregates, November 2024
(Contributors: Anthony Silungwe and Arushi Kapoor)

World Industrial Production (IP) growth slowed to 0.1 percent month-on-month in November, after increasing 0.5 percent in October. The deceleration was due to a contraction in Advanced Economies (AEs). In contrast, IP in Emerging Market and Developing Economies (EMDEs) continued a six-month trend of gains since May. In November, the increase in the EMDEs was mainly driven by Emerging and Developing Europe (0.9 percent), Sub-Saharan Africa (0.7 percent), Emerging and Developing Asia (0.2 percent) and Latin America and the Caribbean (0.4 percent). IP in the Middle East and Central Asia dipped 0.3 percent in November.

On a year-on-year basis, World IP increased by 2.3 percent in November, driven by a robust 3.6 percent growth in EMDEs, in contrast to a 1.0 percent decrease in AEs.

Notes

: Seasonally adjusted World and Country Group Aggregate estimates are based on a sample of 118 economies that disseminate an Industrial Production (IP) index.
Country Group Aggregates are based on WEO classification.

EXPLORE THIS DATASET

OTHER RELEASES

Balance of Payments and International Investment Position

Country Data, Third Quarter 2024

Quarterly Balance of Payments and International Investment Position were released on February 19, 2025. The IMF tracks the quarterly Balance of Payments and International Investment Position across 190 countries with data starting from 1945.

Real Effective Exchange Rates

Country Data, January 2025

Real Effective Exchange Rates for January 2025 were released on March 3, 2025. Real Effective Exchange Rates are available for 93 countries.

Quarterly and Annual GHG Emissions

Country Group Aggregates, Third Quarter 2025

The Quarterly and Annual GHG Emissions for the third quarter of 2024 were released on February 28, 2025. The IMF tracks the annual and seasonally adjusted quarterly Greenhouse Gas (GHG) Air Emissions Accounts across 20 regions and country groupings with data starting from 2010.

Change in Mean Sea Levels

Global and Regional Sea Level Aggregates, January 2025

The Change in Mean Sea Levels for January 2025 were released on March 3, 2025. The IMF Climate Change Indicators Dashboard tracks monthly change in mean sea levels for 24 regions across the world, along with a global estimate.

EMPOWERING THE WORLD WITH DATA

IMF Data is known for its high standard of quality and methodological consistency. With over 50 datasets updated regularly, you always have access to the latest global economic trends and forecasts as well as trusted data for cross country research and analysis.

Check our release calendar for upcoming releases:

Release Calendar