Inflation G20 2014
Average inflation: 2.7%
Current Inflation
Inflation is normal at 2.7%, 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 0.6% lower than the 5-year average of 3.3%.
- 5-year average
- 3.3%
- 10-year average
- 3.3%
- All-time high (2008)
- 5%
- All-time low (2009)
- 2%
Trend
Inflation has remained relatively stable. Compared to 2013, the difference is minimal (-0.4 percentage point).
- Change vs. previous year
- -0.4 percentage points
- Largest monthly swing
- February: -0.9 percentage points
ECB Target
Inflation is 0.7% 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 102.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | 2.8% | -0.3 |
| February | 2.5% | -0.9 |
| March | 2.7% | -0.3 |
| April | 3.0% | +0.2 |
| May | 3.1% | +0.2 |
| June | 3.0% | -0.2 |
| July | 2.9% | -0.4 |
| August | 2.8% | -0.3 |
| September | 2.7% | -0.3 |
| October | 2.6% | -0.3 |
| November | 2.4% | -0.7 |
| December | 2.4% | -0.5 |
| Average | 2.7% |
Data source
Data from OECD. Last updated: 04/08/2026.