Inflation Germany 1991

Average inflation: 4.0%

Inflation in 1991

Inflation is high at 4.0%, well above the ECB target.

Peak and Trough

The highest inflation was in November at 5.7%. The lowest inflation was in January at 2.8%.

Highest month
November: 5.7%
Lowest month
January: 2.8%
Difference
2.9 percentage points
Months with data
12 of 12

Historical Context

Inflation is 1.8 percentage points higher than the 5-year average of 2.2%.

5-year average
2.2%
10-year average
2.4%
All-time high (1981)
6.3%
All-time low (1986)
-0.1%

Trend

Over the period 1989-1991, inflation shows an upward trend. Compared to 1990, inflation has risen by 1.3 percentage points.

Change vs. previous year
+1.3 percentage points
Largest monthly swing
December: +3.0 percentage points

ECB Target

Inflation is 2.0 percentage points 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 €104 next year at this inflation rate.

Multi-year trend

Monthly figures 1991

Inflation by category

Food and non-alcoholic beverages
2.7%
-1.3 vs avg.

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

Month overview

Month Inflation Difference vs. 1990
January 2.8% +0.1
February 2.8% 0.0
March 2.8% +0.1
April 3.1% +0.9
May 3.2% +0.9
June 3.7% +1.4
July 4.8% +2.4
August 4.5% +1.7
September 4.2% +1.2
October 5.1% +1.7
November 5.7% +2.7
December 5.7% +3.0
Average 4.0%

Data source

Data from OECD. Last updated: 01/04/2026.

See also