Inflation Germany 2002

Average inflation: 1.4%

Current Inflation

Inflation is low at 1.4%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in January at 2.1%. The lowest inflation was in June at 1.1%.

Highest month
January: 2.1%
Lowest month
June: 1.1%
Difference
1.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 4.0%. The lowest price increase was in Health with an average of 0.7%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 4.0%
Lowest increase
Health: 0.7%

Historical Context

Current inflation is around the 5-year average of 1.3%.

5-year average
1.3%
10-year average
1.9%
All-time high (1992)
5.1%
All-time low (1986)
-0.1%

Trend

Inflation has remained relatively stable. Compared to 2001, the difference is minimal (-0.6 percentage point).

Change vs. previous year
-0.6 percentage points
Largest monthly swing
May: -1.5 percentage points

ECB Target

Inflation is 0.6% 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 €101.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2002

Inflation by category

Food and non-alcoholic beverages
0.9%
-0.5vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
4.0%
+2.6vs avg.
More details →
Clothing and footwear
0.7%
-0.7vs avg.
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Housing, water, electricity, gas and other fuels
0.9%
-0.5vs avg.
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Furnishings, household equipment and maintenance
0.9%
-0.5vs avg.
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Health
0.7%
-0.7vs avg.
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Transport
2.0%
+0.6vs avg.
More details →
Communication
1.7%
+0.3vs avg.
More details →
Recreation and culture
0.7%
-0.7vs avg.
More details →
Education
2.7%
+1.3vs avg.
More details →
Restaurants and hotels
3.7%
+2.3vs avg.
More details →
Miscellaneous goods and services
2.0%
+0.6vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2001
January 2.1% +0.7
February 1.8% -0.1
March 2.1% +0.2
April 1.5% -0.8
May 1.3% -1.5
June 1.1% -1.4
July 1.1% -1.0
August 1.3% -0.8
September 1.3% -0.6
October 1.3% -0.6
November 1.1% -0.4
December 1.1% -0.5
Average 1.4%

Data source

Data from OECD. Last updated: 13/01/2026.

See also