Inflation G20 2012
Average inflation: 3.2%
Current Inflation
Inflation is high at 3.2%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 3.5%. The lowest inflation was in July at 2.9%.
- Highest month
- January: 3.5%
- Lowest month
- July: 2.9%
- Difference
- 0.6 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is around 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 has remained relatively stable. Compared to 2011, the difference is minimal (-0.9 percentage point).
- Change vs. previous year
- -0.9 percentage points
- Largest monthly swing
- July: -1.5 percentage points
ECB Target
Inflation is 1.2% 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 €103.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2012
Month overview
| Month | Inflation | Difference vs. 2011 |
|---|---|---|
| January | 3.5% | -0.1 |
| February | 3.5% | -0.2 |
| March | 3.5% | -0.5 |
| April | 3.4% | -0.8 |
| May | 3.1% | -1.3 |
| June | 3.0% | -1.4 |
| July | 2.9% | -1.5 |
| August | 3.2% | -1.2 |
| September | 3.2% | -1.3 |
| October | 3.2% | -1.1 |
| November | 3.1% | -1.0 |
| December | 3.2% | -0.5 |
| Average | 3.2% |
Data source
Data from OECD. Last updated: 24/11/2025.