Inflation Luxembourg 2021
Average inflation: 2.5%
Current Inflation
Inflation is normal at 2.5%, around the ECB target.
Peak and Trough
The highest inflation was in November at 4.5%. The lowest inflation was in February at -0.1%.
- Highest month
- November: 4.5%
- Lowest month
- February: -0.1%
- Difference
- 4.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Transport with an average of 5.1%. The lowest price increase was in Communication with an average of -2.9%.
- Highest increase
- Transport: 5.1%
- Lowest increase
- Communication: -2.9%
Historical Context
Current inflation is 0.9% higher than the 5-year average of 1.6%.
- 5-year average
- 1.6%
- 10-year average
- 1.4%
- All-time high (2011)
- 3.4%
- All-time low (2016)
- 0.3%
Trend
Inflation has remained relatively stable. Compared to 2020, the difference is minimal (+1.7 percentage point).
- Change vs. previous year
- +1.7 percentage points
- Largest monthly swing
- November: +4.1 percentage points
ECB Target
Inflation is 0.5% 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 €102.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 1.9% | 0.0 |
| February | -0.1% | -1.8 |
| March | 2.0% | +1.1 |
| April | 2.1% | +1.5 |
| May | 2.5% | +2.3 |
| June | 2.2% | +1.5 |
| July | 2.3% | +1.4 |
| August | 2.5% | +1.9 |
| September | 2.7% | +2.0 |
| October | 3.6% | +2.9 |
| November | 4.5% | +4.1 |
| December | 4.1% | +3.5 |
| Average | 2.5% |
Data source
Data from OECD. Last updated: 11/01/2026.