Inflation G20 2026
Average inflation: 3.7%
Current Inflation
Inflation is high at 3.7%, well above the ECB target.
Peak and Trough
The highest inflation was in March at 4.0%. The lowest inflation was in January at 3.4%.
- Highest month
- March: 4.0%
- Lowest month
- January: 3.4%
- Difference
- 0.6 percentage points
- Months with data
- 3 of 12
Historical Context
Current inflation is 2.2% lower than the 5-year average of 5.9%.
- 5-year average
- 5.9%
- 10-year average
- 4.6%
- All-time high (2022)
- 8.6%
- All-time low (2009)
- 2%
Trend
Inflation shows a downward trend. Compared to 2025, inflation has fallen by +0.3 percentage point.
- Change vs. previous year
- -0.3 percentage points
- Largest monthly swing
- January: -1.4 percentage points
ECB Target
Inflation is 1.7% 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 €103.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2026
Month overview
| Month | Inflation | Difference vs. 2025 |
|---|---|---|
| January | 3.4% | -1.4 |
| February | 3.7% | -0.6 |
| March | 4.0% | -0.2 |
| Average | 3.7% |
Data source
Data from OECD. Last updated: 06/05/2026.Not all months available yet.