Inflation G20 2011

Average inflation: 4.1%

Current Inflation

Inflation is high at 4.1%, well above the ECB target.

Peak and Trough

The highest inflation was in September at 4.5%. The lowest inflation was in January at 3.6%.

Highest month
September: 4.5%
Lowest month
January: 3.6%
Difference
0.9 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 0.5% higher than the 5-year average of 3.6%.

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

Trend

Inflation shows an upward trend. Compared to 2010, inflation has risen by +0.8 percentage point.

Change vs. previous year
+0.8 percentage points
Largest monthly swing
August: +1.5 percentage points

ECB Target

Inflation is 2.1% 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 €104.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2011

Month overview

Month Inflation Difference vs. 2010
January 3.6% 0.0
February 3.7% +0.3
March 4.0% +0.5
April 4.2% +0.8
May 4.4% +1.0
June 4.4% +1.4
July 4.4% +1.4
August 4.4% +1.5
September 4.5% +1.5
October 4.3% +1.1
November 4.1% +0.9
December 3.7% +0.2
Average 4.1%

Data source

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

See also