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 3.3%. The lowest inflation was in July at 1.0%.

Highest month
December: 3.3%
Lowest month
July: 1.0%
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: -5.0 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 next year at this inflation rate.

Multi-year trend

Monthly figures 2009

Month overview

Month Inflation Difference vs. 2008
January 2.8% -1.8
February 2.6% -2.1
March 2.2% -2.8
April 2.0% -3.0
May 1.5% -3.8
June 1.3% -4.4
July 1.0% -5.0
August 1.3% -4.5
September 1.3% -4.3
October 1.6% -3.4
November 2.7% -1.1
December 3.3% +0.3
Average 2.0%

Data source

Data from OECD. Last updated: 04/08/2026.

See also