Source: World Bank
Release: World Development Indicators
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.
Nations that are included in this data series are listed at http://data.worldbank.org/about/country-and-lending-groups
Source Indicator: FP.CPI.TOTL.ZG
World Bank, Inflation, consumer prices: All Income Levels for Latin America and Caribbean [FPCPITOTLZGLCN], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/FPCPITOTLZGLCN, March 30, 2023.