Inflation Rate MoM by Country

Month-on-month change in the consumer price index. Latest values for 49 economies.

Among 47 countries, Russia has the highest inflation rate mom at 7.61% and Estonia the lowest at -0.60% (latest available readings).

Inflation Rate MoM by Region

Latest available reading (periods may differ by country). Choose a region or “All countries”.

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Inflation Rate MoM — All Countries

Sorted by latest value. Click headers to re-sort.

#CountryLastPreviousPeriodRegionSource
1Russia7.61%1.17%Mar 2022Europe & Central AsiaOECD
2Argentina1.93%1.66%Sep 2026Latin America & CaribbeanOECD
3Iceland1.16%-0.49%Dec 2025Europe & Central AsiaOECD
4Mexico1.05%0.38%Jul 2024Latin America & CaribbeanOECD
5Turkey0.89%0.87%Dec 2025Europe & Central AsiaOECD
6Brazil0.82%-0.32%Sep 2026Latin America & CaribbeanOECD
7India0.78%0.86%Aug 2026South AsiaOECD
8Israel0.67%0.29%Aug 2026Middle East, North Africa, Afghanistan & PakistanOECD
9Germany0.64%0.16%Sep 2026Europe & Central AsiaOECD
10United States0.59%0.32%Sep 2026North AmericaOECD
11United Kingdom0.50%0.30%Aug 2026Europe & Central AsiaOECD
12Ireland0.48%-0.19%Dec 2025Europe & Central AsiaOECD
13Australia0.42%1.02%Aug 2026East Asia & PacificOECD
14Costa Rica0.37%0.48%Jan 2022Latin America & CaribbeanOECD
15Colombia0.37%0.39%Sep 2026Latin America & CaribbeanOECD
16Spain0.34%0.19%Dec 2025Europe & Central AsiaOECD
17South Korea0.32%0.23%Sep 2026East Asia & PacificOECD
18Austria0.31%0.31%Dec 2025Europe & Central AsiaOECD
19Indonesia0.30%0.21%Sep 2026East Asia & PacificOECD
20South Africa0.30%0.10%Jan 2025Sub-Saharan AfricaOECD
21Greece0.28%0.05%Dec 2025Europe & Central AsiaOECD
22Finland0.22%-0.24%Dec 2025Europe & Central AsiaOECD
23Euro Area0.20%-0.30%Dec 2025AggregateOECD
24China0.20%0.40%Sep 2026East Asia & PacificOECD
25Italy0.16%-0.24%Dec 2025Europe & Central AsiaOECD
26Norway0.14%0.14%Dec 2025Europe & Central AsiaOECD
27Bulgaria0.14%0.47%Dec 2025Europe & Central AsiaOECD
28Luxembourg0.11%-0.20%Dec 2025Europe & Central AsiaOECD
29European Union0.10%-0.20%Dec 2025AggregateOECD
30Japan0.10%0.30%Jun 2021East Asia & PacificOECD
31Hungary0.10%0.10%Dec 2025Europe & Central AsiaOECD
32Portugal0.09%-0.29%Dec 2025Europe & Central AsiaOECD
33France0.08%-0.18%Dec 2025Europe & Central AsiaOECD
34Belgium0.07%0.56%Dec 2025Europe & Central AsiaOECD
35Slovenia0.05%-0.04%Dec 2025Europe & Central AsiaOECD
36Sweden0.03%-0.36%Dec 2025Europe & Central AsiaOECD
37Netherlands0.01%-0.82%Dec 2025Europe & Central AsiaOECD
38Poland0.00%0.10%Dec 2025Europe & Central AsiaOECD
39Saudi Arabia0.00%0.18%Jul 2025Middle East, North Africa, Afghanistan & PakistanOECD
40Switzerland-0.01%-0.21%Dec 2025Europe & Central AsiaOECD
41Canada-0.06%0.53%Aug 2026North AmericaOECD
42Latvia-0.08%-0.25%Dec 2025Europe & Central AsiaOECD
43Lithuania-0.15%0.38%Dec 2025Europe & Central AsiaOECD
44Czech Republic-0.26%-0.32%Dec 2025Europe & Central AsiaOECD
45Slovakia-0.33%0.29%Dec 2025Europe & Central AsiaOECD
46Denmark-0.41%-0.33%Dec 2025Europe & Central AsiaOECD
47Croatia-0.44%0.52%Dec 2025Europe & Central AsiaOECD
48Chile-0.53%0.75%Dec 2023Latin America & CaribbeanOECD
49Estonia-0.60%-0.16%Dec 2025Europe & Central AsiaOECD

Inflation Rate MoM around the world — in simple words

Overview

Inflation Rate MoM is available for 44 economies with recent data. The median value is 0.15% and the simple average is 0.24%.

Highest: Argentina (1.93%), Iceland (1.16%), Mexico (1.05%), Turkey (0.89%), Brazil (0.82%).

Lowest: Estonia (-0.60%), Chile (-0.53%), Croatia (-0.44%), Denmark (-0.41%), Slovakia (-0.33%).

Major economies

Among the 17 major economies tracked here, Mexico (1.05%) has the highest reading and Canada (-0.06%) the lowest. Their median is 0.32%.

Inflation Rate MoM — Regional Medians

Median of the latest readings of countries in each World Bank region. The median is the middle value — half the countries are above it and half below.

RegionCountriesMedianHighestLowest
East Asia & Pacific40.31%Australia 0.42%China 0.20%
Europe & Central Asia290.09%Iceland 1.16%Estonia -0.60%
Latin America & Caribbean50.82%Argentina 1.93%Chile -0.53%
Middle East, North Africa, Afghanistan & Pakistan20.33%Israel 0.67%Saudi Arabia 0.00%
North America20.26%United States 0.59%Canada -0.06%
South Asia10.78%India 0.78%India 0.78%
Sub-Saharan Africa10.30%South Africa 0.30%South Africa 0.30%

Understanding Inflation Rate MoM — a simple guide

What it measures

The change in the consumer price index compared with the previous month.

How it is calculated

(CPI this month ÷ CPI last month − 1) × 100.

Simple example

If the CPI index rose from 200.0 to 200.6, monthly inflation is 0.3%.

▲ When it is high or rising

A high monthly reading shows prices are rising quickly right now.

▼ When it is low or falling

A negative reading means prices fell compared with last month.

Why it matters for the economy and markets

Monthly changes show the latest momentum in prices, months before it fully shows up in the year-on-year rate.

How to read it

Monthly numbers are small: 0.2% a month is about 2.4% a year. Some months are always higher (festivals, harvest effects), so compare the same month across years.

What to look at alongside it

Year-on-year inflation and core inflation.

Key terms

MoM
Month-on-month: compared with the previous month.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What does inflation rate mom measure?
The change in the consumer price index compared with the previous month.
Which country has the highest inflation rate mom?
Among the 47 economies with data, Russia has the highest latest reading at 7.61% (Mar 2022), and Estonia the lowest at -0.60% (Dec 2025). Periods differ between countries.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.