Inflation China 2003
Average inflation: 1.2%
Current Inflation
Inflation is low at 1.2%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in December at 3.2%. The lowest inflation was in February at 0.2%.
- Highest month
- December: 3.2%
- Lowest month
- February: 0.2%
- Difference
- 3.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 3.4%. The lowest price increase was in Food and non-alcoholic beverages with an average of 3.4%.
- Highest increase
- Food and non-alcoholic beverages: 3.4%
- Lowest increase
- Food and non-alcoholic beverages: 3.4%
Historical Context
Current inflation is 1.2% higher than the 5-year average of 0.0%.
- 5-year average
- 0%
- 10-year average
- 5.2%
- All-time high (1994)
- 24.2%
- All-time low (1999)
- -1.4%
Trend
Inflation has remained relatively stable. Compared to 2002, the difference is minimal (+2.0 percentage point).
- Change vs. previous year
- +2.0 percentage points
- Largest monthly swing
- November: +3.7 percentage points
ECB Target
Inflation is 0.8% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | 0.4% | +1.4 |
| February | 0.2% | +0.2 |
| March | 0.9% | +1.7 |
| April | 1.0% | +2.3 |
| May | 0.7% | +1.8 |
| June | 0.3% | +1.1 |
| July | 0.5% | +1.4 |
| August | 0.9% | +1.6 |
| September | 1.1% | +1.8 |
| October | 1.8% | +2.6 |
| November | 3.0% | +3.7 |
| December | 3.2% | +3.6 |
| Average | 1.2% |
Data source
Data from OECD. Last updated: 19/12/2025.