Inflation Luxembourg 2016
Average inflation: 0.3%
Inflation in 2016
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
Inflation is 0.9 percentage points 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
Over the period 2014-2016, inflation has remained relatively stable. Compared to 2015, inflation has fallen by 0.2 percentage points.
- Change vs. previous year
- -0.2 percentage points
- Largest monthly swing
- January: +0.9 percentage points
ECB Target
Inflation is 1.7 percentage points 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
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.