Inflation Germany 1994

Average inflation: 2.7%

Current Inflation

Inflation is normal at 2.7%, around the ECB target.

Peak and Trough

The highest inflation was in January at 3.0%. The lowest inflation was in December at 2.4%.

Highest month
January: 3.0%
Lowest month
December: 2.4%
Difference
0.6 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 10.0%. The lowest price increase was in Communication with an average of 0.7%.

Highest increase
Education: 10.0%
Lowest increase
Communication: 0.7%

Historical Context

Current inflation is 1.1% lower than the 5-year average of 3.8%.

5-year average
3.8%
10-year average
2.5%
All-time high (1981)
6.3%
All-time low (1986)
-0.1%

Trend

Inflation shows a downward trend. Compared to 1993, inflation has fallen by +1.8 percentage point.

Change vs. previous year
-1.8 percentage points
Largest monthly swing
July: -2.1 percentage points

ECB Target

Inflation is 0.7% 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 €102.70 next year at this inflation rate.

Multi-year trend

Monthly figures 1994

Inflation by category

Food and non-alcoholic beverages
1.6%
-1.1vs avg.
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Alcoholic beverages, tobacco and narcotics
1.2%
-1.5vs avg.
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Clothing and footwear
1.4%
-1.3vs avg.
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Housing, water, electricity, gas and other fuels
4.0%
+1.3vs avg.
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Furnishings, household equipment and maintenance
1.6%
-1.1vs avg.
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Health
3.4%
+0.7vs avg.
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Transport
3.6%
+0.9vs avg.
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Communication
0.7%
-2.0vs avg.
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Recreation and culture
1.1%
-1.6vs avg.
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Education
10.0%
+7.3vs avg.
More details →
Restaurants and hotels
2.5%
-0.2vs avg.
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Miscellaneous goods and services
4.3%
+1.6vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1993
January 3.0% -1.6
February 3.0% -1.8
March 2.9% -1.7
April 2.7% -1.8
May 2.9% -1.4
June 2.7% -1.6
July 2.5% -2.1
August 2.7% -1.9
September 2.6% -1.9
October 2.5% -2.0
November 2.5% -1.7
December 2.4% -1.9
Average 2.7%

Data source

Data from OECD. Last updated: 11/01/2026.

See also