Historical inflation trends 2000–2026
27 years of annual CPI — dot-com bust, 2008 crisis, COVID spike and beyond
Sources: BLS (US), World Bank WDI, IMF IFS. 2025–2026 are IMF projections.
How to use this tool
Key inflation events 2000–2026
The 27-year span covered here includes several landmark inflation moments. The 2008 financial crisis sent US inflation briefly to just 0.1% — the lowest since the 1950s — as oil collapsed from $147 to $40/barrel and consumer demand evaporated. The 2010s were a decade of persistently below-target inflation in the West, as globalization, cheap Chinese imports, and muted wages kept prices subdued despite near-zero interest rates.
The 2022 inflation shock was the most dramatic since the 1980s. COVID stimulus flooded economies with cash, supply chains broke down, and Russia's invasion of Ukraine sent energy and food prices soaring. The US hit 8.0%, the UK 9.1%, Germany 8.7%. Central banks responded with the fastest rate hikes in 40 years — and by 2026, most had returned inflation toward their 2% targets.
Methodology
Each point on this chart is a country's published annual inflation rate for that year — no smoothing, interpolation, or re-adjustment is applied beyond what the original statistical agency already performed.
Era filters (2000s, 2010s, recent) simply slice this same underlying series into different date ranges for easier reading — the numbers themselves never change based on which filter is active.
2025–2026 figures are IMF projections, updated as official outturns are published. Full methodology notes: Data Sources.