Current inflation འབྲུག 2.0%
December 2024
Current Inflation
Inflation is normal at 2.8%, around the ECB target.
Historical Context
Current inflation is 2.3% lower than the 5-year average of 5.1%. This approaches the lowest level since records began (2.7% in 2019).
- 5-year average
- 5.1%
- 10-year average
- 4.4%
- All-time high (2013)
- 11.8%
- All-time low (2019)
- 2.7%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +1.4 percentage point.
ECB Target
Inflation is 0.8% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.80 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 2.8%
- Last year
- 4.2%
- 5-year average
- 2.8%
- All-time high (2013)
- 11.8%