Inflation G20 2005
Average inflation: 3.3%
Current Inflation
Inflation is high at 3.3%, well above the ECB target.
Peak and Trough
The highest inflation was in October at 3.7%. The lowest inflation was in June at 2.9%.
- Highest month
- October: 3.7%
- Lowest month
- June: 2.9%
- Difference
- 0.8 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is around the 5-year average of 3.5%. This approaches the lowest level since records began (3.1% in 2004).
- 5-year average
- 3.5%
- 10-year average
- 3.7%
- All-time high (2000)
- 4.5%
- All-time low (2004)
- 3.1%
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
- March: +0.9 percentage points
ECB Target
Inflation is 1.3% 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 €103.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2005
Month overview
| Month | Inflation | Difference vs. 2004 |
|---|---|---|
| January | 3.1% | +0.3 |
| February | 3.3% | +0.8 |
| March | 3.3% | +0.9 |
| April | 3.4% | +0.8 |
| May | 3.1% | 0.0 |
| June | 2.9% | -0.4 |
| July | 3.2% | -0.1 |
| August | 3.2% | -0.1 |
| September | 3.6% | +0.4 |
| October | 3.7% | +0.2 |
| November | 3.4% | -0.1 |
| December | 3.4% | +0.1 |
| Average | 3.3% |
Data source
Data from OECD. Last updated: 24/11/2025.