Inflation G20 2007
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 November at 4.4%. The lowest inflation was in January at 2.8%.
- Highest month
- November: 4.4%
- Lowest month
- January: 2.8%
- Difference
- 1.6 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
- 3.6%
- All-time high (2000)
- 4.5%
- All-time low (2004)
- 3.1%
Trend
Inflation has remained relatively stable. Compared to 2006, the difference is minimal (+0.0 percentage point).
- Change vs. previous year
- +0.0 percentage points
- Largest monthly swing
- November: +1.7 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 2007
Month overview
| Month | Inflation | Difference vs. 2006 |
|---|---|---|
| January | 2.8% | -0.9 |
| February | 3.0% | -0.5 |
| March | 3.2% | -0.1 |
| April | 3.1% | -0.3 |
| May | 3.1% | -0.6 |
| June | 3.1% | -0.8 |
| July | 3.1% | -0.7 |
| August | 3.1% | -0.6 |
| September | 3.4% | +0.4 |
| October | 3.9% | +1.4 |
| November | 4.4% | +1.7 |
| December | 4.3% | +1.2 |
| Average | 3.4% |
Data source
Data from OECD. Last updated: 24/11/2025.