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 June at 2.9%.

Highest month
January: 3.5%
Lowest month
June: 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
June: -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 3.4% -0.3
March 3.4% -0.6
April 3.4% -0.8
May 3.1% -1.2
June 2.9% -1.5
July 2.9% -1.5
August 3.1% -1.3
September 3.1% -1.4
October 3.2% -1.1
November 3.0% -1.1
December 3.2% -0.5
Average 3.2%

Data source

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

See also