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Inflation

Inflation is generally understood to be a sustained hike in the price level of goods and services. Most economists favor relatively low and stable inflation rates for a nation's economy to work smoothly.

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All Content on this topic

London: homeless people lie in their sleeping bags at a building in central London

London: homeless people lie in their sleeping bags at a building in central London

UK poverty lurks behind glittering facade of election

Many Londoners, grappling with inflation and a poverty crisis, lack faith in politicians to improve the status quo.

Javier Milei at the GZ on June 14, 2024

Javier Milei at the GZ on June 14, 2024

Argentina: Less inflation, more poverty under Milei

With President Javier Milei arriving in Germany soon, DW looks at whether his big economic promises are materializing.

A man carrying a bag of wheat at a wholesale food market in Karachi, Pakistan

A man carrying a bag of wheat at a wholesale food market in Karachi, Pakistan

Pakistan: Next federal budget 'will fall on us like a bomb'

Prices are soaring in Pakistan. How do locals see the government's new monetary policy, amid economic challenges?

An Iraqi vendor offers tomatoes in Baghdad.

An Iraqi vendor offers tomatoes in Baghdad.

How high will 'heatflation' take Middle East food prices?

Extreme heat raises food prices in a phenomenon known as "heatflation." In the Middle East, prices will be even higher.

A worker stands behind a chained airport gate in Nigeria on June 3, 2024

A worker stands behind a chained airport gate in Nigeria on June 3, 2024

Nigeria: Electric grid crippled as workers go on strike

After two major trade unions called for an open-ended strike, Nigeria's electricity supply and air travel collapsed.

Euro coins on a receipt

Euro coins on a receipt

Eurozone inflation up more than expected in May

Inflation in the 20-nation eurozone has risen faster than expected in May.

A person holds €20 notes above a cash registrar

A person holds €20 notes above a cash registrar

German inflation and wages both rise

The data from Europe's largest economy comes ahead of a European Central Bank decision on interest rates.

Two Africans sorting coffee beans in Coffee production in Bengo António Ambrósio, Angola

Two Africans sorting coffee beans in Coffee production in Bengo António Ambrósio, Angola

Coffee prices soar on poor harvests and new consumers

Coffee prices have risen for many reasons, including poor harvests in Vietnam and changing tastes.

Bills of Nigeria's Naira stacked on top of each other

Bills of Nigeria's Naira stacked on top of each other

How effective is a new African currency at easing inflation?

Zimbabwe and Nigeria recently introduced new currencies to help fight inflation. But does it really work?

A crowd holds up their hands

A crowd holds up their hands

Protests in Pakistan-ruled Kashmir expose grievances

Simmering below the surface of recent protests is discontent over Islamabad interfering in the region's semi-autonomy.

A man checks prices in Argentina in December, 2023

A man checks prices in Argentina in December, 2023

Argentina: Yearly inflation hits 290% as monthly rate slows

The yearly inflation rate is the highest it has been in years, but the monthly figure could be good news for Argentina.

Nkwetta Njilefack, a young man in a blue short-sleeved shirt, wearing a knitted cap on his head, speaks into a DW microphone

Nkwetta Njilefack, a young man in a blue short-sleeved shirt, wearing a knitted cap on his head, speaks into a DW microphone

Higher cocoa prices raise standard of living in Cameroon

DW's Blaise Eyong spoke to a farmer who is turning his cash crop into consumer goods.

Euro coins against the backdrop of a US dollar

Euro coins against the backdrop of a US dollar

Beating inflation: How do Europe and the US compare?

Inflation rates on both sides of the Atlantic are proving to be stickier in 2024 than many central bankers expected.

A large crowd of people stand together during a demonstration behind a giant statue

A large crowd of people stand together during a demonstration behind a giant statue

Amid Argentina's protests, are Javier Milei's days numbered?

The ultra-libertarian president has proposed harsh austerity measures to tame Argentina's budget and boost its economy.

European Council President Charles Michel speaks to journalists

European Council President Charles Michel speaks to journalists

Faced with China and US, EU warned to find competitive edge

The EU received a stark warning about economic competitiveness, but carving out a way forward will be difficult.

A Zimbabwean gold coin being held between two fingers

A Zimbabwean gold coin being held between two fingers

Should Africa ditch underperforming currencies?

African currencies continue to slump against major global currencies.

A shopping trolley full of food with a receipt

A shopping trolley full of food with a receipt

German food and energy prices fall, inflation sinks to 2.2%

Food prices fell for the first time in more than 9 years, with energy costs dropping even more.

Euro banknotes

Euro banknotes

ECB holds interest rate at record high 4.5%

The decision, which was widely expected, comes even as inflation continues to fall faster than expected.

A symbol photo showing Joe Biden and Donald Trump

A symbol photo showing Joe Biden and Donald Trump

Fact check: Is Biden or Trump better for the US economy?

Who is the more economically competent, Trump or Biden? One has public opinion on his side; the data supports the other.

DW Focus on Europe Sendungslogo

DW Focus on Europe Sendungslogo

Focus on Europe—Spotlight on People

In Helsinki's underground bunkers, some spaces are open to public use, with a pool, play areas and more.

Italian Prime Minister Giorgia Meloni waves to supporters

Italian Prime Minister Giorgia Meloni waves to supporters

Will Italy replace Germany as Europe's economic powerhouse?

Italy is experiencing continued economic growth. Are Giorgia Meloni's policies finally pushing the country ahead?

Euro coins on a receipt

Euro coins on a receipt

Eurozone inflation drops faster than predicted in March

Consumer prices in the eurozone went down further in March than economists expected.

Three fingers examining 50, 20, and 10 euro notes in wallet

Three fingers examining 50, 20, and 10 euro notes in wallet

Inflation in Germany drops again in March

Year-on-year inflation dropped to 2.2% last month.

Women collect free bags of flour from a government distribution point in Lahore on April 2, 2023

Women collect free bags of flour from a government distribution point in Lahore on April 2, 2023

Pakistan's economic crisis impacts Ramadan celebrations

Ramadan celebrations in Pakistan have been muted this year, hit by an ongoing and crippling economic crisis.

Argentina's President Javier Milei gestures while delivering his first policy speech to parliament

Argentina's President Javier Milei gestures while delivering his first policy speech to parliament

Argentina: Milei's first 100 days of hope and concern

Though inflation has dropped, poverty remains on the rise, and his track record so far divides opinions.

A farmer drives a tractor in Turkey.

A farmer drives a tractor in Turkey.

Turkish farmers worse off than EU counterparts

Facing high inflation and what the sector says is scant state aid, Turkish farmers are sinking into debt to stay afloat.

Two Yemini women in black burqas converse at a food stall on the street

Two Yemini women in black burqas converse at a food stall on the street

Yemen: Locals count higher costs of Ramadan

Thanks to war and now a maritime blockade, Yemeni locals are increasingly worried about paying for the Ramadan holiday.

Houthi supporters gather as they carry weapons

Houthi supporters gather as they carry weapons

Houthi attacks in the Red Sea threaten lives and environment

The Yemeni Houthis continue to put international shipping under threat. Now an environmental disaster is looming.

A woman shops in a supermarket in Los Angeles, California

A woman shops in a supermarket in Los Angeles, California

US: Southern states hit hard by inflation trust Trump more

In Arkansas, high prices are hitting poor families hard, making them skeptical of the policies of President Joe Biden.

A view of a crowd holding banners and protesting against the hike in prices and hard living conditions in Ibadan, Nigeria

A view of a crowd holding banners and protesting against the hike in prices and hard living conditions in Ibadan, Nigeria

Nigeria hit by worst economic crisis in a generation

Inflation is skyrocketing and the cost of living is unbearable for many. DW’s Flourish Ubanyi reports from Lagos.

Demonstrators hold placards during a protest against the hike in price and hard living conditions

Demonstrators hold placards during a protest against the hike in price and hard living conditions

Inflation: Nigerians struggle to afford food as prices soar

Nigerians are angry about rampant inflation and the spiraling cost of food. Who is to blame for the economic pain?

German Economy Minister Robert Habeck holding a chart at a press conference

German Economy Minister Robert Habeck holding a chart at a press conference

Germany's recession fears: Economic outlook is grim

The German government's annual economic report is bleak. Hopes that things might pick up again in 2024 have vanished.

A Russian oil tanker anchored at a port

A Russian oil tanker anchored at a port

Ukraine war: Russia's economy beats the odds — can it last?

Russia's economy has not collapsed under the weight of western sanctions. In fact, it seems to be thriving.

Nigerian naira bank notes held in a man's fingers

Nigerian naira bank notes held in a man's fingers

Nigeria reviews minimum wage as economic pressure mounts

Amid an economic crisis badly hurting Nigerians, the government is planning to raise its minimum wage. But will it help?

DW Sendung Fokus Europa | Türkei Deutschland

DW Sendung Fokus Europa | Türkei Deutschland

Arriving in Germany – fleeing Turkey

More than 60,000 people came to Germany from Turkey last year, but only few are allowed to stay.

Symbolbild I Inflation in Eurozone

Symbolbild I Inflation in Eurozone

Eurozone: inflation sinks slightly to 2.8%

Inflation rates in the Eurozone fell marginally at the start of 2024. But there's still work to do.

A person holds a product near the price tag in a discount supermarket in Berlin

A person holds a product near the price tag in a discount supermarket in Berlin

German inflation drops to slowest pace since mid-2021

Preliminary data shows Germany's inflation rate coming in at 2.9% in January, partly driven by falling energy prices.

Pedestrians walk past a money exchange shop in Buenos Aires, Argentina

Pedestrians walk past a money exchange shop in Buenos Aires, Argentina

Argentina's Milei backtracks on peso switch

Argentina's new president has backed down on his election promise to replace the peso with the dollar.

A hand placing 100-mark-bills into a counting-machine at the bank

A hand placing 100-mark-bills into a counting-machine at the bank

Why are Germans hoarding billions of useless deutsche marks?

Just as everything seems to be getting more expensive, Germans have a secret stash of cash waiting to be tapped into.

silhouette of a man kneeling, pulling a hose with fire and burned out cars in the background after a Russian missile attack in the Ukrainian capital Kyiv

silhouette of a man kneeling, pulling a hose with fire and burned out cars in the background after a Russian missile attack in the Ukrainian capital Kyiv

War, inflation, flooding: Germans' negative outlook on 2024

German voters are pessimistic about the country's prospects for the new year, and have little faith in their government.

A shopping basket with a receipt inside

A shopping basket with a receipt inside

Germany sees inflation ease to 5.9% for 2023

While inflation has eased since the start of the year, food and energy price rises remain high.

Residents wait their turn to shop at a government store in Havana, Cuba in 2022

Residents wait their turn to shop at a government store in Havana, Cuba in 2022

Cuba's economic crisis: Will a paradigm shift help?

Cuba is set to enact price hikes and subsidy cuts, but this "correction" could make things worse before they get better.

China's President Xi Jinping sitting at a table taking to US President Joe Biden in San Francisco

China's President Xi Jinping sitting at a table taking to US President Joe Biden in San Francisco

Global economy in 2024: China, Trump and the next black swan

If the last few years have taught us anything, it's to expect the unexpected when it comes to the global economy.

Germany's economy set for rough ride in 2024

The German economy may end 2024 with a little growth, but right now dynamic developments seem far out of reach.

People walk across a street, as seen in silhouette

People walk across a street, as seen in silhouette

European economy shows staying power in face of crises

Europeans are feeling increasingly pessimistic about their economic prospects. But is this justified?

Javier Milei holds a cardboard image of a 100 US dollar bill bedecked with an image of his face

Javier Milei holds a cardboard image of a 100 US dollar bill bedecked with an image of his face

Will Javier Milei's unpopular reforms help Argentina?

Argentina's new president has only been in office for two weeks, but the country has already seen dramatic change.

A pile of various euro coins

A pile of various euro coins

Should Germany be concerned over its national debt?

A heated debated has erupted over German public debt. How much is too much?

A solitary olive tree grows in the Tabernas Desert, Almeria, Spain — the driest region of Europe

A solitary olive tree grows in the Tabernas Desert, Almeria, Spain — the driest region of Europe

Has Spain's olive oil become a luxury item?

For Spanish consumers, green gold is a driver of inflation; for producers it is both an opportunity and a challenge.

DW Sendung Fokus Europa | Türkei Bauchtanz

DW Sendung Fokus Europa | Türkei Bauchtanz

Struggling belly dancers in Turkey

Traditional belly dancers are finding it increasingly more difficult to make a living in Turkey.

DW Business (Sendungslogo Composite)

DW Business (Sendungslogo Composite)

DW Business

OECD trims growth forecast, warns of conflict risk - Russia-China trade booming amid Western sanctions