Inflation European Union 2012

Average inflation: 2.6%

Current Inflation

Inflation is normal at 2.6%, around the ECB target.

Peak and Trough

The highest inflation was in January at 2.8%. The lowest inflation was in November at 2.3%.

Highest month
January: 2.8%
Lowest month
November: 2.3%
Difference
0.5 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 3.0%. The lowest price increase was in Food and non-alcoholic beverages with an average of 3.0%.

Highest increase
Food and non-alcoholic beverages: 3.0%
Lowest increase
Food and non-alcoholic beverages: 3.0%

Historical Context

Current inflation is around the 5-year average of 2.4%.

5-year average
2.4%
10-year average
2.4%
All-time high (2000)
4%
All-time low (2009)
0.8%

Trend

Inflation has remained relatively stable. Compared to 2011, the difference is minimal (-0.3 percentage point).

Change vs. previous year
-0.3 percentage points
Largest monthly swing
November: -0.8 percentage points

ECB Target

Inflation is 0.6% 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 €102.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2012

Inflation by category

Food and non-alcoholic beverages
3.0%
+0.4vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2011
January 2.8% +0.3
February 2.8% +0.2
March 2.8% -0.1
April 2.7% -0.3
May 2.5% -0.5
June 2.5% -0.4
July 2.5% -0.2
August 2.7% 0.0
September 2.8% -0.2
October 2.7% -0.4
November 2.3% -0.8
December 2.3% -0.5
Average 2.6%

Data source

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

See also