Core Inflation Rate by country
Core Inflation Rate compared across 50 economies, ranked from highest to lowest on each country's latest official figure. Argentina has the highest core Inflation Rate at 31.6% (Sep 2026) and Switzerland the lowest at 0.5% (Oct 2026); the median is 3.0%. Values are the annual percentage change.
Ranking
| # | Economy | Period | Latest (% change year on year) |
|---|---|---|---|
| 1 | Argentina | Sep 2026 | 31.6% |
| 2 | Turkey | Oct 2026 | 28.5% |
| 3 | Romania | Sep 2026 | 7.0% |
| 4 | Iceland | Sep 2026 | 6.8% |
| 5 | Kosovo | Sep 2026 | 6.2% |
| 6 | Philippines | Oct 2026 | 5.4% |
| 7 | Montenegro | Sep 2026 | 4.8% |
| 8 | Serbia | Sep 2026 | 4.7% |
| 9 | Greece | Oct 2026 | 4.7% |
| 10 | Bulgaria | Oct 2026 | 4.5% |
| 11 | Mexico | Oct 2026 | 3.8% |
| 12 | Georgia | Sep 2026 | 3.7% |
| 13 | Lithuania | Oct 2026 | 3.7% |
| 14 | Hungary | Sep 2026 | 3.7% |
| 15 | Australia | Sep 2026 | 3.6% |
| 16 | North Macedonia | Sep 2026 | 3.6% |
| 17 | Spain | Oct 2026 | 3.5% |
| 18 | Cyprus | Oct 2026 | 3.3% |
| 19 | Chile | Oct 2026 | 3.3% |
| 20 | Croatia | Oct 2026 | 3.2% |
| 21 | Latvia | Oct 2026 | 3.2% |
| 22 | Portugal | Oct 2026 | 3.1% |
| 23 | Peru | Oct 2026 | 3.1% |
| 24 | Netherlands | Oct 2026 | 3.0% |
| 25 | United States | Sep 2025 | 3.0% |
| 26 | Czech Republic | Sep 2026 | 3.0% |
| 27 | Austria | Oct 2026 | 2.9% |
| 28 | Poland | Sep 2026 | 2.9% |
| 29 | Ireland | Oct 2026 | 2.9% |
| 30 | Slovakia | Oct 2026 | 2.8% |
| 31 | South Korea | Oct 2026 | 2.8% |
| 32 | United Kingdom | Sep 2026 | 2.8% |
| 33 | Belgium | Oct 2026 | 2.7% |
| 34 | Norway | Oct 2026 | 2.7% |
| 35 | Malta | Oct 2026 | 2.4% |
| 36 | Albania | Sep 2026 | 2.4% |
| 37 | Germany | Oct 2026 | 2.3% |
| 38 | Italy | Oct 2026 | 2.3% |
| 39 | Japan | Sep 2026 | 2.2% |
| 40 | Singapore | Sep 2026 | 2.0% |
| 41 | Luxembourg | Oct 2026 | 2.0% |
| 42 | France | Oct 2026 | 2.0% |
| 43 | Slovenia | Oct 2026 | 1.9% |
| 44 | Malaysia | Sep 2026 | 1.7% |
| 45 | Denmark | Oct 2026 | 1.7% |
| 46 | Finland | Oct 2026 | 1.5% |
| 47 | Estonia | Oct 2026 | 1.4% |
| 48 | Sweden | Oct 2026 | 1.1% |
| 49 | Israel | Sep 2026 | 0.6% |
| 50 | Switzerland | Oct 2026 | 0.5% |
Each economy links to its own page with the chart, recent history and API code. Latest data as of Oct 2026.
Also covered
These economies publish core Inflation Rate in another unit or frequency, so they are listed rather than ranked.
Get core Inflation Rate for every country in one API
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- Which country has the highest core Inflation Rate?
- Argentina, at 31.6% in September 2026, the highest of the 50 economies compared.
- Which country has the lowest core Inflation Rate?
- Switzerland, at 0.5% in October 2026.
- How many countries does Makrognosis cover for core Inflation Rate?
- 50 economies have a current core Inflation Rate series (latest data as of October 2026); each has its own page with a chart, recent observations and an API code.