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.
Source Indicator: FP.CPI.TOTL.ZG
World Bank, Inflation, consumer prices for OECD Members [FPCPITOTLZGOED], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/FPCPITOTLZGOED, March 22, 2018.