Inflation Luxembourg 2020
Average inflation: 0.8%
Current Inflation
Inflation is very low at 0.8%, well below the ECB target.
Peak and Trough
The highest inflation was in January at 1.9%. The lowest inflation was in May at 0.2%.
- Highest month
- January: 1.9%
- Lowest month
- May: 0.2%
- Difference
- 1.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 2.7%. The lowest price increase was in Communication with an average of -3.0%.
- Highest increase
- Food and non-alcoholic beverages: 2.7%
- Lowest increase
- Communication: -3.0%
Historical Context
Current inflation is around the 5-year average of 1.2%.
- 5-year average
- 1.2%
- 10-year average
- 1.5%
- All-time high (2011)
- 3.4%
- All-time low (2016)
- 0.3%
Trend
Inflation has remained relatively stable. Compared to 2019, the difference is minimal (-0.9 percentage point).
- Change vs. previous year
- -0.9 percentage points
- Largest monthly swing
- May: -1.9 percentage points
ECB Target
Inflation is 1.2% 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 €100.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 1.9% | +0.1 |
| February | 1.7% | -0.4 |
| March | 0.9% | -1.3 |
| April | 0.6% | -1.5 |
| May | 0.2% | -1.9 |
| June | 0.7% | -1.1 |
| July | 0.9% | -0.9 |
| August | 0.6% | -1.0 |
| September | 0.7% | -0.6 |
| October | 0.7% | -0.4 |
| November | 0.4% | -0.8 |
| December | 0.6% | -1.1 |
| Average | 0.8% |
Data source
Data from OECD. Last updated: 11/01/2026.