Annualized Inflation Rate shows current issuance pace relative to existing circulating supply, expressed as a yearly rate. It is the canonical rate metric in this group because it turns supply stock and current flow into one monetary percentage.
A falling series means new issuance is becoming smaller relative to the outstanding stock. A rising series means the opposite. It is most useful with New Supply Issued, Circulating Supply, and Stock-to-Flow, where the question is current dilution versus scarcity.
The main distinction is annualization. This metric extends the current issuance pace into a one-year frame, so it is a rate under present conditions, not a statement about how much supply will actually be added under all future conditions.
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