Inflation San Marino 2021
Average inflation: 1.6%
Current Inflation
Inflation is low at 1.6%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in December at 3.2%. The lowest inflation was in January at 0.2%.
- Highest month
- December: 3.2%
- Lowest month
- January: 0.2%
- Difference
- 3.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of -0.3%. The lowest price increase was in Energy with an average of -0.3%.
- Highest increase
- Energy: -0.3%
- Lowest increase
- Energy: -0.3%
Historical Context
Current inflation is 0.8% higher than the 5-year average of 0.8%.
- 5-year average
- 0.8%
- 10-year average
- 1%
- All-time high (2011)
- 2.9%
- All-time low (2020)
- -0.1%
Trend
Inflation shows an upward trend. Compared to 2020, inflation has risen by +1.7 percentage point.
- Change vs. previous year
- +1.7 percentage points
- Largest monthly swing
- December: +3.6 percentage points
ECB Target
Inflation is 0.4% 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 €101.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 0.2% | -0.1 |
| February | 0.4% | -0.1 |
| March | 0.7% | +0.6 |
| April | 0.8% | +1.2 |
| May | 1.4% | +1.9 |
| June | 1.4% | +1.5 |
| July | 1.8% | +2.1 |
| August | 2.1% | +2.6 |
| September | 2.2% | +2.4 |
| October | 2.5% | +2.4 |
| November | 2.8% | +3.1 |
| December | 3.2% | +3.6 |
| Average | 1.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.