Inflation Germany 1989

Average inflation: 2.8%

Current Inflation

Inflation is normal at 2.8%, around the ECB target.

Peak and Trough

The highest inflation was in October at 3.1%. The lowest inflation was in January at 2.3%.

Highest month
October: 3.1%
Lowest month
January: 2.3%
Difference
0.8 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 2.3%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.3%.

Highest increase
Food and non-alcoholic beverages: 2.3%
Lowest increase
Food and non-alcoholic beverages: 2.3%

Historical Context

Current inflation is 1.5% higher than the 5-year average of 1.3%.

5-year average
1.3%
10-year average
2.9%
All-time high (1981)
6.3%
All-time low (1986)
-0.1%

Trend

Inflation shows an upward trend. Compared to 1988, inflation has risen by +1.5 percentage point.

Change vs. previous year
+1.5 percentage points
Largest monthly swing
April: +2.0 percentage points

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.

Multi-year trend

Monthly figures 1989

Inflation by category

Food and non-alcoholic beverages
2.3%
-0.5vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1988
January 2.3% +1.4
February 2.4% +1.4
March 2.5% +1.5
April 3.0% +2.0
May 2.8% +1.6
June 2.8% +1.6
July 2.7% +1.5
August 2.8% +1.6
September 2.8% +1.4
October 3.1% +1.7
November 2.9% +1.1
December 3.0% +1.1
Average 2.8%

Data source

Data from OECD. Last updated: 17/12/2025.

See also