Inflation G20 2025
Average inflation: 3.9%
Current Inflation
Inflation is high at 3.9%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 4.8%. The lowest inflation was in November at 3.5%.
- Highest month
- January: 4.8%
- Lowest month
- November: 3.5%
- Difference
- 1.3 percentage points
- Months with data
- 11 of 12
Historical Context
Current inflation is 2.0% lower than the 5-year average of 5.9%.
- 5-year average
- 5.9%
- 10-year average
- 4.3%
- All-time high (2022)
- 8.5%
- All-time low (2009)
- 2%
Trend
Inflation shows a downward trend. Compared to 2024, inflation has fallen by +2.5 percentage point.
- Change vs. previous year
- -2.5 percentage points
- Largest monthly swing
- May: -3.3 percentage points
ECB Target
Inflation is 1.9% 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 103.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2025
Month overview
| Month | Inflation | Difference vs. 2024 |
|---|---|---|
| January | 4.8% | -1.9 |
| February | 4.2% | -2.9 |
| March | 4.1% | -2.9 |
| April | 4.0% | -3.0 |
| May | 3.8% | -3.3 |
| June | 3.8% | -3.1 |
| July | 3.7% | -2.9 |
| August | 3.7% | -2.4 |
| September | 3.7% | -2.2 |
| November | 3.5% | -2.1 |
| December | 3.5% | -1.4 |
| Average | 3.9% |
Data source
Data from OECD. Last updated: 07/10/2026. Not all months available yet.