Inflation European Union 2001

Average inflation: 3.6%

Current Inflation

Inflation is high at 3.6%, well above the ECB target.

Peak and Trough

The highest inflation was in May at 4.4%. The lowest inflation was in November at 3.0%.

Highest month
May: 4.4%
Lowest month
November: 3.0%
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 6.8%. The lowest price increase was in Food and non-alcoholic beverages with an average of 6.8%.

Highest increase
Food and non-alcoholic beverages: 6.8%
Lowest increase
Food and non-alcoholic beverages: 6.8%

Historical Context

Current inflation is around the 5-year average of 3.8%. This approaches the highest level since records began (4.0% in 2000).

5-year average
3.8%
10-year average
3.8%
All-time high (2000)
4%
All-time low (2001)
3.6%

Trend

Inflation has remained relatively stable. Compared to 2000, the difference is minimal (-0.4 percentage point).

Change vs. previous year
-0.4 percentage points
Largest monthly swing
December: -1.0 percentage points

ECB Target

Inflation is 1.6% 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 €103.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2001

Inflation by category

Food and non-alcoholic beverages
6.8%
+3.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2000
January 3.5% -
February 3.5% -
March 3.6% -
April 4.0% -
May 4.4% -
June 4.1% -
July 3.7% -
August 3.5% -
September 3.3% -
October 3.2% -
November 3.0% -
December 3.0% -1.0
Average 3.6%

Data source

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

See also