Monthly consumer price inflation (OECD)

The change in the national consumer price index for all items compared with the same month a year earlier, as compiled by the OECD from national sources. National CPIs follow national methods, so they can differ from the harmonised EU index. Countries that have moved to the 2018 classification of consumption (COICOP 2018) are taken from the OECD's COICOP 2018 table, the others from its earlier table; each country's series comes from one table only.

Unit: % change on the same month a year earlier Frequency: Monthly Coverage: 47 countries and 1 group January 2000 to October 2026 Source: OECD (original data: OECD, Consumer price indices)

46 countries have a value for September 2026, the latest period with data for most countries. Some countries have newer figures; see the ranking below for each country's latest year.

Trend over time

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4 selected
United States × China × India × Germany ×

% change on the same month a year earlier. Source: OECD Data Explorer. Gaps mean no published value; points are not joined across missing years.

Monthly consumer price inflation (OECD) (% change on the same month a year earlier), January 2017 to October 2026 – most recent 40 periods; the CSV has all of them
Period United StatesChinaIndiaGermany
October 2026 – 0.7% – –
September 2026 3.7% 0.9% 5.6% 3.3%
August 2026 3.4% 0.8% 5.0% 2.9%
July 2026 3.4% 0.5% 4.6% 2.8%
June 2026 3.5% 1.0% 4.8% 2.3%
May 2026 4.2% 1.2% 4.7% 2.6%
April 2026 3.8% 1.2% 4.5% 2.9%
March 2026 3.3% 1.0% 4.3% 2.7%
February 2026 2.4% 1.3% 4.0% 1.9%
January 2026 2.4% 0.2% 3.8% 2.1%
December 2025 2.7% 0.8% 3.1% 1.8%
November 2025 2.7% 0.7% 2.6% 2.3%
October 2025 – 0.2% 2.2% 2.3%
September 2025 3.0% -0.3% 2.8% 2.4%
August 2025 2.9% -0.4% 3.2% 2.2%
July 2025 2.7% 0.0% 2.7% 2.0%
June 2025 2.7% 0.1% 2.5% 2.0%
May 2025 2.4% -0.1% 2.9% 2.1%
April 2025 2.3% -0.1% 2.9% 2.1%
March 2025 2.4% -0.1% 3.0% 2.2%
February 2025 2.8% -0.7% 2.6% 2.3%
January 2025 3.0% 0.5% 3.1% 2.3%
December 2024 2.9% 0.1% 3.5% 2.6%
November 2024 2.7% 0.2% 3.9% 2.2%
October 2024 2.6% 0.3% 4.4% 2.0%
September 2024 2.4% 0.4% 4.2% 1.6%
August 2024 2.5% 0.6% 2.4% 1.9%
July 2024 2.9% 0.5% 2.1% 2.3%
June 2024 3.0% 0.2% 3.7% 2.2%
May 2024 3.3% 0.3% 3.9% 2.4%
April 2024 3.4% 0.3% 3.9% 2.2%
March 2024 3.5% 0.1% 4.2% 2.2%
February 2024 3.2% 0.7% 4.9% 2.5%
January 2024 3.1% -0.8% 4.6% 2.9%
December 2023 3.4% -0.3% 4.9% 3.7%
November 2023 3.1% -0.5% 5.0% 3.2%
October 2023 3.2% -0.2% 4.5% 3.8%
September 2023 3.7% 0.0% 4.7% 4.5%
August 2023 3.7% 0.1% 6.9% 6.1%
July 2023 3.2% -0.3% 7.5% 6.2%

A dash means no value was published for that period.

In short

  • Among the 46 countries with a value for September 2026, the highest is Argentina (33.4%) and the lowest Costa Rica (0.3%).
  • Half of the countries are above 3.5% and half below.
  • From August 2026 to September 2026 the value rose in 35 countries and fell in 3.

About this measure

Definition
The change in the national consumer price index for all items compared with the same month a year earlier, as compiled by the OECD from national sources. National CPIs follow national methods, so they can differ from the harmonised EU index. Countries that have moved to the 2018 classification of consumption (COICOP 2018) are taken from the OECD's COICOP 2018 table, the others from its earlier table; each country's series comes from one table only.
Population covered
Households
Unit
% change on the same month a year earlier
Frequency
Monthly
Changes are shown as
Percentage points (the difference between two rates)

Source and dates

Original producer
OECD, Consumer price indices
Distributed by
Organisation for Economic Co-operation and Development (OECD)
Dataset or series code
OECD.SDD.TPS,DSD_PRICES_COICOP2018@DF_PRICES_C2018_ALL,1.0 · dataset details · view at source
Selection
.M.N.CPI.PA._T.N.GY
Observation period
January 2000 to October 2026
Provider update
Not stated by the provider
Retrieved
11 November 2026
Published here
11 November 2026
Licence
CC BY 4.0
Attribution
Source: OECD Data Explorer, original data: OECD, Consumer price indices

All countries in September 2026 Every value is for September 2026, so the countries are compared at the same point in time.

  1. 1 Argentina 33.4%
  2. 2 Türkiye 29.7%
  3. 3 Lithuania 6.7%
  4. 4 Colombia 6.3%
  5. 5 Iceland 5.9%
  6. 6 Bulgaria 5.7%
  7. 7 India 5.6%
  8. 8 Greece 5.0%
  9. 9 Spain 4.9%
  10. 10 Croatia 4.7%
  11. 11 Belgium 4.7%
  12. 12 Brazil 4.6%
  13. 13 South Africa 4.4%
  14. 14 Australia 4.3%
  15. 15 Italy 4.2%
  16. 16 Poland 4.1%
  17. 17 Chile 4.1%
  18. 18 Ireland 4.1%
  19. 19 United States 3.7%
  20. 20 Portugal 3.6%
  21. 21 Austria 3.6%
  22. 22 United Kingdom 3.6%
  23. 23 Estonia 3.5%
  24. 24 Mexico 3.5%
  25. 25 Netherlands 3.4%
  26. 26 Norway 3.4%
  27. 27 Slovenia 3.3%
  28. 28 Indonesia 3.3%
  29. 29 Germany 3.3%
  30. 30 Latvia 3.2%
  31. 31 Slovakia 3.1%
  32. 32 Canada 3.1%
  33. 33 France 3.1%
  34. 34 Luxembourg 2.9%
  35. 35 South Korea 2.9%
  36. 36 Finland 2.5%
  37. 37 Czechia 2.5%
  38. 38 Denmark 2.2%
  39. 39 Japan 2.1%
  40. 40 Saudi Arabia 1.9%
  41. 41 Israel 1.6%
  42. 42 Hungary 1.5%
  43. 43 Sweden 1.1%
  44. 44 Switzerland 1.0%
  45. 45 China 0.9%
  46. 46 Costa Rica 0.3%
  47. OECD members 4.5%
Below the line: groups and aggregates, not ranked. View as map Ranking page with top and bottom ten

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Map

Grey: no value for September 2026. Colour groups split countries into roughly equal numbers. Boundaries: Natural Earth.