Inflation Luxembourg 2016

Average inflation: 0.3%

Current Inflation

Inflation is very low at 0.3%, well below the ECB target.

Peak and Trough

The highest inflation was in December at 1.1%. The lowest inflation was in May at 0.0%.

Highest month
December: 1.1%
Lowest month
May: 0.0%
Difference
1.1 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 2.2%. The lowest price increase was in Housing, water, electricity, gas and other fuels with an average of -1.6%.

Highest increase
Education: 2.2%
Lowest increase
Housing, water, electricity, gas and other fuels: -1.6%

Historical Context

Current inflation is 0.9% lower than the 5-year average of 1.2%. This approaches the lowest level since records began (0.3% in 2016).

5-year average
1.2%
10-year average
1.8%
All-time high (2011)
3.4%
All-time low (2016)
0.3%

Trend

Inflation has remained relatively stable. Compared to 2015, the difference is minimal (-0.2 percentage point).

Change vs. previous year
-0.2 percentage points
Largest monthly swing
January: +0.9 percentage points

ECB Target

Inflation is 1.7% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2016

Inflation by category

Food and non-alcoholic beverages
1.5%
+1.2vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.7%
+1.4vs avg.
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Clothing and footwear
1.2%
+0.9vs avg.
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Housing, water, electricity, gas and other fuels
-1.6%
-1.9vs avg.
More details →
Furnishings, household equipment and maintenance
0.6%
+0.3vs avg.
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Health
0.1%
-0.2vs avg.
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Transport
-0.7%
-1.0vs avg.
More details →
Communication
0.3%
-0.0vs avg.
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Recreation and culture
0.3%
0.0vs avg.
More details →
Education
2.2%
+1.9vs avg.
More details →
Restaurants and hotels
1.4%
+1.1vs avg.
More details →
Miscellaneous goods and services
1.0%
+0.7vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2015
January 0.5% +0.9
February 0.2% +0.1
March 0.1% -0.1
April 0.1% -0.2
May 0.0% -0.7
June 0.0% -0.7
July 0.0% -0.6
August 0.2% -0.4
September 0.4% -0.1
October 0.5% 0.0
November 0.5% -0.3
December 1.1% 0.0
Average 0.3%

Data source

Data from OECD. Last updated: 13/01/2026.

See also