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. The Laspeyres formula is generally used.

Consumer price inflation (%)

1970199020002005201020112012201320142015201620172018201920202021202220232024
Argentina34.353.542.048.472.4133.5219.9
Colombia29.29.25.12.33.43.22.02.95.07.54.33.23.52.53.510.211.76.6
Bolivia2.59.94.55.75.84.13.62.82.31.80.90.71.72.65.1
Uruguay6.78.18.18.68.98.79.66.27.67.99.87.79.15.94.8
Mexico5.026.79.54.04.23.44.13.84.02.72.86.04.93.63.45.77.95.54.7
Nicaragua5.58.17.27.16.04.03.53.94.95.43.74.910.58.44.6
Honduras8.84.76.85.25.26.13.22.73.94.34.43.54.59.16.74.6
Brazil2,947.77.06.95.06.65.46.26.39.08.73.43.73.73.28.39.34.64.4
Chile26.03.83.11.43.33.01.84.74.33.82.22.42.63.04.511.67.64.3
Paraguay4.78.33.72.75.03.14.13.64.02.81.84.89.84.63.8
Dominican Republic7.74.26.35.83.74.83.00.81.63.33.61.83.88.28.84.83.3
Equatorial Guinea4.83.72.94.31.71.40.71.11.54.8-0.14.82.92.9
Guatemala3.96.23.84.33.42.44.44.43.83.73.24.36.96.22.9
Spain5.76.73.43.41.83.22.41.4-0.2-0.5-0.22.01.70.7-0.33.18.43.52.8
Portugal6.413.62.92.31.43.72.80.3-0.30.50.61.41.00.30.01.37.84.32.4
Peru3.43.62.83.43.43.63.01.52.32.04.38.36.52.0
Ecuador5.248.596.12.23.64.55.12.73.64.01.70.4-0.20.3-0.30.13.52.21.5
El Salvador1.25.11.70.81.1-0.70.61.01.10.1-0.43.57.24.00.9
Panama2.93.55.95.74.02.60.10.70.90.8-0.4-1.61.62.91.50.7
Costa Rica19.011.013.85.74.94.55.24.50.80.01.62.22.10.71.78.30.5-0.4
Venezuela (Bolivarian Republic of)26.121.140.662.2121.7254.9