Prices & Inflation
Inflation rate
The inflation rate is the percentage increase in the general price level of goods and services over a period, most often measured year-over-year using a consumer price index. An inflation rate of 3% means a representative basket of goods that cost $100 a year ago now costs about $103.
Why it matters
Every leaf page on this platform reports inflation alongside GDP because it drives real purchasing power and rate decisions.
Also known as: rate of inflation, CPI inflation