Inflation United States 1994

Average inflation: 2.6%

Current Inflation

Inflation is normal at 2.6%, around the ECB target.

Peak and Trough

The highest inflation was in September at 3.0%. The lowest inflation was in May at 2.3%.

Highest month
September: 3.0%
Lowest month
May: 2.3%
Difference
0.7 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 2.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.9%.

Highest increase
Food and non-alcoholic beverages: 2.9%
Lowest increase
Food and non-alcoholic beverages: 2.9%

Historical Context

Current inflation is 1.1% lower than the 5-year average of 3.7%.

5-year average
3.7%
10-year average
3.6%
All-time high (1980)
13.6%
All-time low (1986)
1.9%

Trend

Inflation has remained relatively stable. Compared to 1993, the difference is minimal (-0.4 percentage point).

Change vs. previous year
-0.4 percentage points
Largest monthly swing
May: -0.9 percentage points

ECB Target

Inflation is 0.6% 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 €102.60 next year at this inflation rate.

Multi-year trend

Monthly figures 1994

Inflation by category

Food and non-alcoholic beverages
2.9%
+0.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1993
January 2.5% -0.8
February 2.5% -0.7
March 2.5% -0.6
April 2.4% -0.8
May 2.3% -0.9
June 2.5% -0.5
July 2.8% 0.0
August 2.9% +0.1
September 3.0% +0.3
October 2.6% -0.2
November 2.7% 0.0
December 2.7% 0.0
Average 2.6%

Data source

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

See also