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 0.6% higher than the 5-year average of 3.5%.
- 5-year average
- 3.5%
- 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 +0.9 percentage point.
- Change vs. previous year
- +0.9 percentage points
- Largest monthly swing
- August: +1.6 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% | +0.1 |
| February | 3.7% | +0.4 |
| March | 4.0% | +0.6 |
| April | 4.2% | +0.8 |
| May | 4.3% | +1.0 |
| June | 4.4% | +1.5 |
| July | 4.4% | +1.5 |
| August | 4.4% | +1.6 |
| September | 4.5% | +1.5 |
| October | 4.3% | +1.1 |
| November | 4.1% | +0.9 |
| December | 3.7% | +0.3 |
| Average | 4.1% |
Data source
Data from OECD. Last updated: 04/08/2026.