Inflation G20 2009

Average inflation: 2.0%

Current Inflation

Inflation is normal at 2.0%, around the ECB target.

Peak and Trough

The highest inflation was in December at 3.4%. The lowest inflation was in July at 1.1%.

Highest month
December: 3.4%
Lowest month
July: 1.1%
Difference
2.3 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 1.4% lower than the 5-year average of 3.4%. This approaches the lowest level since records began (2.0% in 2009).

5-year average
3.4%
10-year average
3.6%
All-time high (2008)
5%
All-time low (2009)
2%

Trend

Inflation shows a downward trend. Compared to 2008, inflation has fallen by +3.0 percentage point.

Change vs. previous year
-3.0 percentage points
Largest monthly swing
July: -4.9 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

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 €102.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2009

Month overview

Month Inflation Difference vs. 2008
January 2.9% -1.7
February 2.7% -2.0
March 2.2% -2.8
April 2.0% -3.0
May 1.5% -3.8
June 1.3% -4.4
July 1.1% -4.9
August 1.4% -4.4
September 1.4% -4.3
October 1.7% -3.4
November 2.7% -1.1
December 3.4% +0.3
Average 2.0%

Data source

Data from OECD. Last updated: 24/11/2025.

See also