Inflation Luxembourg 2011

Average inflation: 3.4%

Current Inflation

Inflation is high at 3.4%, well above the ECB target.

Peak and Trough

The highest inflation was in March at 3.7%. The lowest inflation was in July at 2.9%.

Highest month
March: 3.7%
Lowest month
July: 2.9%
Difference
0.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Health with an average of 11.6%. The lowest price increase was in Clothing and footwear with an average of -0.1%.

Highest increase
Health: 11.6%
Lowest increase
Clothing and footwear: -0.1%

Historical Context

Current inflation is 1.0% higher than the 5-year average of 2.4%. This approaches the highest level since records began (3.4% in 2011).

5-year average
2.4%
10-year average
2.3%
All-time high (2011)
3.4%
All-time low (2009)
0.4%

Trend

Inflation shows an upward trend. Compared to 2010, inflation has risen by +1.1 percentage point.

Change vs. previous year
+1.1 percentage points
Largest monthly swing
February: +2.1 percentage points

ECB Target

Inflation is 1.4% 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 €103.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2011

Inflation by category

Food and non-alcoholic beverages
2.6%
-0.8vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.8%
-1.6vs avg.
More details →
Clothing and footwear
-0.1%
-3.5vs avg.
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Housing, water, electricity, gas and other fuels
6.9%
+3.5vs avg.
More details →
Furnishings, household equipment and maintenance
1.7%
-1.7vs avg.
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Health
11.6%
+8.2vs avg.
More details →
Transport
4.2%
+0.8vs avg.
More details →
Communication
0.2%
-3.2vs avg.
More details →
Recreation and culture
0.8%
-2.6vs avg.
More details →
Education
6.8%
+3.4vs avg.
More details →
Restaurants and hotels
2.6%
-0.8vs avg.
More details →
Miscellaneous goods and services
3.0%
-0.4vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2010
January 3.2% +1.1
February 3.6% +2.1
March 3.7% +1.4
April 3.7% +1.4
May 3.6% +1.2
June 3.5% +1.6
July 2.9% +0.4
August 3.3% +1.1
September 3.3% +0.9
October 3.4% +0.8
November 3.6% +1.3
December 3.2% +0.4
Average 3.4%

Data source

Data from OECD. Last updated: 11/01/2026.

See also