Inflation G20 2014

Average inflation: 2.8%

Current Inflation

Inflation is normal at 2.8%, around the ECB target.

Peak and Trough

The highest inflation was in May at 3.1%. The lowest inflation was in November at 2.4%.

Highest month
May: 3.1%
Lowest month
November: 2.4%
Difference
0.7 percentage points
Months with data
12 of 12

Historical Context

Current inflation is around the 5-year average of 3.3%.

5-year average
3.3%
10-year average
3.4%
All-time high (2008)
5%
All-time low (2009)
2%

Trend

Inflation has remained relatively stable. Compared to 2013, the difference is minimal (-0.3 percentage point).

Change vs. previous year
-0.3 percentage points
Largest monthly swing
February: -0.9 percentage points

ECB Target

Inflation is 0.8% 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 €102.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2014

Month overview

Month Inflation Difference vs. 2013
January 2.8% -0.4
February 2.6% -0.9
March 2.7% -0.4
April 3.0% +0.2
May 3.1% +0.1
June 3.1% -0.2
July 3.0% -0.4
August 2.8% -0.4
September 2.7% -0.4
October 2.6% -0.4
November 2.4% -0.7
December 2.4% -0.6
Average 2.8%

Data source

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

See also