Inflation United States 1996

Average inflation: 2.9%

Current Inflation

Inflation is normal at 2.9%, around the ECB target.

Peak and Trough

The highest inflation was in November at 3.3%. The lowest inflation was in January at 2.7%.

Highest month
November: 3.3%
Lowest month
January: 2.7%
Difference
0.6 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 3.7%. The lowest price increase was in Food and non-alcoholic beverages with an average of 3.7%.

Highest increase
Food and non-alcoholic beverages: 3.7%
Lowest increase
Food and non-alcoholic beverages: 3.7%

Historical Context

Current inflation is around the 5-year average of 2.9%.

5-year average
2.9%
10-year average
3.7%
All-time high (1980)
13.6%
All-time low (1986)
1.9%

Trend

Inflation has remained relatively stable. Compared to 1995, the difference is minimal (+0.1 percentage point).

Change vs. previous year
+0.1 percentage points
Largest monthly swing
December: +0.8 percentage points

ECB Target

Inflation is 0.9% 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 €102.90 next year at this inflation rate.

Multi-year trend

Monthly figures 1996

Inflation by category

Food and non-alcoholic beverages
3.7%
+0.8vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1995
January 2.7% -0.1
February 2.7% -0.2
March 2.8% -0.1
April 2.9% -0.2
May 2.9% -0.3
June 2.8% -0.2
July 3.0% +0.2
August 2.9% +0.3
September 3.0% +0.5
October 3.0% +0.2
November 3.3% +0.7
December 3.3% +0.8
Average 2.9%

Data source

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

See also