Inflation European Union 2016

Average inflation: 0.2%

Current Inflation

Inflation is very low at 0.2%, well below the ECB target.

Peak and Trough

The highest inflation was in December at 1.1%. The lowest inflation was in April at -0.3%.

Highest month
December: 1.1%
Lowest month
April: -0.3%
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 0.5%. The lowest price increase was in Food and non-alcoholic beverages with an average of 0.5%.

Highest increase
Food and non-alcoholic beverages: 0.5%
Lowest increase
Food and non-alcoholic beverages: 0.5%

Historical Context

Current inflation is 0.7% lower than the 5-year average of 0.9%.

5-year average
0.9%
10-year average
1.6%
All-time high (2000)
4%
All-time low (2015)
0.1%

Trend

Inflation has remained relatively stable. Compared to 2015, the difference is minimal (+0.1 percentage point).

Change vs. previous year
+0.1 percentage points
Largest monthly swing
December: +0.9 percentage points

ECB Target

Inflation is 1.8% 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 €100.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2016

Inflation by category

Food and non-alcoholic beverages
0.5%
+0.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2015
January 0.3% +0.9
February -0.2% +0.1
March -0.1% 0.0
April -0.3% -0.4
May -0.2% -0.7
June 0.0% -0.4
July 0.1% -0.3
August 0.2% -0.1
September 0.3% +0.2
October 0.5% +0.2
November 0.6% +0.5
December 1.1% +0.9
Average 0.2%

Data source

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

See also