Inflation United States 1989

Average inflation: 4.8%

Current Inflation

Inflation is high at 4.8%, well above the ECB target.

Peak and Trough

The highest inflation was in May at 5.4%. The lowest inflation was in September at 4.3%.

Highest month
May: 5.4%
Lowest month
September: 4.3%
Difference
1.1 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 6.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of 6.6%.

Highest increase
Food and non-alcoholic beverages: 6.6%
Lowest increase
Food and non-alcoholic beverages: 6.6%

Historical Context

Current inflation is 1.2% higher than the 5-year average of 3.6%.

5-year average
3.6%
10-year average
5.6%
All-time high (1980)
13.6%
All-time low (1986)
1.9%

Trend

Inflation shows an upward trend. Compared to 1988, inflation has risen by +0.7 percentage point.

Change vs. previous year
+0.7 percentage points
Largest monthly swing
May: +1.5 percentage points

ECB Target

Inflation is 2.8% 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 €104.80 next year at this inflation rate.

Multi-year trend

Monthly figures 1989

Inflation by category

Food and non-alcoholic beverages
6.6%
+1.8vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1988
January 4.7% +0.7
February 4.8% +0.9
March 5.0% +1.1
April 5.1% +1.2
May 5.4% +1.5
June 5.2% +1.2
July 5.0% +0.9
August 4.7% +0.7
September 4.3% +0.1
October 4.5% +0.3
November 4.7% +0.5
December 4.6% +0.2
Average 4.8%

Data source

Data from OECD. Last updated: 17/12/2025.

See also