Inflation

The chart shows de­vel­op­ments in an­nual in­fla­tion – that is, the twelve-­month change in the con­sumer price in­dex – to­gether with the Cent­ral Bank’s in­fla­tion tar­get, which is 2½%. In­fla­tion can be defined as a sus­tained rise in the gen­eral price level.

Fur­ther in­form­a­tion about in­fla­tion can be found in the Know­ledge Bank.