Inflation Germany 1984
Average inflation: 2.4%
Current Inflation
Inflation is normal at 2.4%, around the ECB target.
Peak and Trough
The highest inflation was in March at 3.0%. The lowest inflation was in September at 1.6%.
- Highest month
- March: 3.0%
- Lowest month
- September: 1.6%
- Difference
- 1.4 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 1.5%. The lowest price increase was in Food and non-alcoholic beverages with an average of 1.5%.
- Highest increase
- Food and non-alcoholic beverages: 1.5%
- Lowest increase
- Food and non-alcoholic beverages: 1.5%
Historical Context
Current inflation is 2.1% lower than the 5-year average of 4.5%. This approaches the lowest level since records began (2.4% in 1984).
- 5-year average
- 4.5%
- 10-year average
- 4.5%
- All-time high (1981)
- 6.3%
- All-time low (1984)
- 2.4%
Trend
Inflation shows a downward trend. Compared to 1983, inflation has fallen by +0.9 percentage point.
- Change vs. previous year
- -0.9 percentage points
- Largest monthly swing
- September: -1.6 percentage points
ECB Target
Inflation is 0.4% 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 €102.40 next year at this inflation rate.
Multi-year trend
Monthly figures 1984
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1983 |
|---|---|---|
| January | 2.6% | -1.5 |
| February | 2.9% | -1.1 |
| March | 3.0% | -1.0 |
| April | 2.9% | -1.0 |
| May | 2.8% | -0.6 |
| June | 2.8% | +0.2 |
| July | 2.3% | -0.6 |
| August | 1.7% | -1.6 |
| September | 1.6% | -1.6 |
| October | 2.2% | -0.5 |
| November | 2.1% | -0.6 |
| December | 1.9% | -0.8 |
| Average | 2.4% |
Data source
Data from OECD. Last updated: 17/12/2025.