Inflation France 1989

Average inflation: 3.5%

Current Inflation

Inflation is high at 3.5%, well above the ECB target.

Peak and Trough

The highest inflation was in May at 3.7%. The lowest inflation was in January at 3.3%.

Highest month
May: 3.7%
Lowest month
January: 3.3%
Difference
0.4 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 4.3%. The lowest price increase was in Food and non-alcoholic beverages with an average of 4.3%.

Highest increase
Food and non-alcoholic beverages: 4.3%
Lowest increase
Food and non-alcoholic beverages: 4.3%

Historical Context

Current inflation is around the 5-year average of 3.6%.

5-year average
3.6%
10-year average
7.4%
All-time high (1974)
13.6%
All-time low (1986)
2.5%

Trend

Inflation has remained relatively stable. Compared to 1988, the difference is minimal (+0.8 percentage point).

Change vs. previous year
+0.8 percentage points
Largest monthly swing
May: +1.2 percentage points

ECB Target

Inflation is 1.5% 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 €103.50 next year at this inflation rate.

Multi-year trend

Monthly figures 1989

Inflation by category

Food and non-alcoholic beverages
4.3%
+0.8vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1988
January 3.3% +0.9
February 3.4% +1.0
March 3.4% +0.9
April 3.6% +1.1
May 3.7% +1.2
June 3.6% +1.0
July 3.5% +0.8
August 3.4% +0.6
September 3.4% +0.4
October 3.6% +0.6
November 3.6% +0.6
December 3.6% +0.5
Average 3.5%

Data source

Data from OECD. Last updated: 20/12/2025.

See also