Einar H. Dyvik
Research expert covering Nordics and global data for society, economy, and politics
Get in touch with us nowIn February 2024, the global consumer price index, excluding the United States, stood at 194.1, compared to 159.3 for the U.S. The data for the world and emerging economies are distorted by hyperinflation in Venezuela and may not accurately reflect the inflation rate of other countries. However, Russia's war in Ukraine caused a surge in prices globally through 2022 and 2023.
The headline consumer price index tracks the changes in the price level of a basket of goods and services purchased by households.
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