Current inflation سوريا 34.5%
December 2019
Current Inflation
Inflation is very high at 13.4%, far above the ECB target.
Historical Context
Current inflation is 10.5% lower than the 5-year average of 23.9%.
- 5-year average
- 23.9%
- 10-year average
- 23.6%
- All-time high (2016)
- 47.7%
- All-time low (2018)
- 0.9%
Trend
Inflation shows a downward trend. Compared to 2018, inflation has fallen by +12.5 percentage point.
ECB Target
Inflation is 11.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €113.40 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 13.4%
- Last year
- 0.9%
- 5-year average
- 13.4%
- All-time high (2016)
- 47.7%