What Was The Rate Of Inflation In 2022. The rate of inflation is the change in prices for goods and services over time. Published july 13, 2022 updated july 14, 2022.

Over the 12 months ended june 2022, the consumer price index for all urban consumers increased 9.1 percent. The global inflation rate surged from 4.35% in 2021, and 3.18% in 2020.