Inflation European Union 2005

Average inflation: 2.3%

Current Inflation

Inflation is normal at 2.3%, around the ECB target.

Peak and Trough

The highest inflation was in September at 2.7%. The lowest inflation was in January at 2.1%.

Highest month
September: 2.7%
Lowest month
January: 2.1%
Difference
0.6 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 1.1%. The lowest price increase was in Food and non-alcoholic beverages with an average of 1.1%.

Highest increase
Food and non-alcoholic beverages: 1.1%
Lowest increase
Food and non-alcoholic beverages: 1.1%

Historical Context

Current inflation is around the 5-year average of 2.7%. This approaches the lowest level since records began (2.3% in 2005).

5-year average
2.7%
10-year average
2.9%
All-time high (2000)
4%
All-time low (2005)
2.3%

Trend

Inflation has remained relatively stable. Compared to 2004, the difference is minimal (-0.2 percentage point).

Change vs. previous year
-0.2 percentage points
Largest monthly swing
May: -0.7 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

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 €102.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2005

Inflation by category

Food and non-alcoholic beverages
1.1%
-1.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2004
January 2.1% 0.0
February 2.3% +0.3
March 2.3% +0.3
April 2.3% 0.0
May 2.1% -0.7
June 2.2% -0.5
July 2.3% -0.4
August 2.3% -0.4
September 2.7% +0.2
October 2.6% -0.1
November 2.4% -0.1
December 2.4% -0.2
Average 2.3%

Data source

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

See also