Inflation G20 2006
Average inflation: 3.4%
Current Inflation
Inflation is high at 3.4%, well above the ECB target.
Peak and Trough
The highest inflation was in June at 3.9%. The lowest inflation was in October at 2.5%.
- Highest month
- June: 3.9%
- Lowest month
- October: 2.5%
- Difference
- 1.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is around the 5-year average of 3.3%. This approaches the lowest level since records began (3.1% in 2004).
- 5-year average
- 3.3%
- 10-year average
- 3.5%
- All-time high (2001)
- 4.3%
- All-time low (2004)
- 3.1%
Trend
Inflation has remained relatively stable. Compared to 2005, the difference is minimal (+0.1 percentage point).
- Change vs. previous year
- +0.1 percentage points
- Largest monthly swing
- October: -1.2 percentage points
ECB Target
Inflation is 1.4% 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 €103.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2006
Month overview
| Month | Inflation | Difference vs. 2005 |
|---|---|---|
| January | 3.7% | +0.6 |
| February | 3.5% | +0.2 |
| March | 3.3% | 0.0 |
| April | 3.4% | 0.0 |
| May | 3.7% | +0.6 |
| June | 3.9% | +1.0 |
| July | 3.8% | +0.6 |
| August | 3.7% | +0.5 |
| September | 3.0% | -0.6 |
| October | 2.5% | -1.2 |
| November | 2.7% | -0.7 |
| December | 3.1% | -0.3 |
| Average | 3.4% |
Data source
Data from OECD. Last updated: 24/11/2025.