Inflation Luxembourg 2007
Average inflation: 2.3%
Current Inflation
Inflation is normal at 2.3%, around the ECB target.
Peak and Trough
The highest inflation was in December at 3.4%. The lowest inflation was in May at 1.9%.
- Highest month
- December: 3.4%
- Lowest month
- May: 1.9%
- Difference
- 1.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Miscellaneous goods and services with an average of 3.4%. The lowest price increase was in Communication with an average of -1.8%.
- Highest increase
- Miscellaneous goods and services: 3.4%
- Lowest increase
- Communication: -1.8%
Historical Context
Current inflation is around the 5-year average of 2.4%. This approaches the lowest level since records began (2.1% in 2003).
- 5-year average
- 2.4%
- 10-year average
- 2.5%
- All-time high (2000)
- 3.1%
- All-time low (2003)
- 2.1%
Trend
Inflation has remained relatively stable. Compared to 2006, the difference is minimal (-0.4 percentage point).
- Change vs. previous year
- -0.4 percentage points
- Largest monthly swing
- October: +1.4 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €102.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2007
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2006 |
|---|---|---|
| January | 2.3% | -0.6 |
| February | 2.0% | -1.0 |
| March | 2.1% | -0.9 |
| April | 2.1% | -0.8 |
| May | 1.9% | -1.2 |
| June | 2.0% | -1.2 |
| July | 1.9% | -1.0 |
| August | 1.9% | -0.9 |
| September | 2.1% | -0.3 |
| October | 2.9% | +1.4 |
| November | 3.2% | +1.2 |
| December | 3.4% | +1.1 |
| Average | 2.3% |
Data source
Data from OECD. Last updated: 13/01/2026.