Inflation United States 2007

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 4.3%. The lowest inflation was in August at 2.0%.

Highest month
November: 4.3%
Lowest month
August: 2.0%
Difference
2.3 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 4.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of 4.2%.

Highest increase
Food and non-alcoholic beverages: 4.2%
Lowest increase
Food and non-alcoholic beverages: 4.2%

Historical Context

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

5-year average
2.9%
10-year average
2.6%
All-time high (1990)
5.4%
All-time low (2002)
1.6%

Trend

Inflation has remained relatively stable. Compared to 2006, the difference is minimal (-0.3 percentage point).

Change vs. previous year
-0.3 percentage points
Largest monthly swing
November: +2.3 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 2007

Inflation by category

Food and non-alcoholic beverages
4.2%
+1.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2006
January 2.1% -1.9
February 2.4% -1.2
March 2.8% -0.6
April 2.6% -0.9
May 2.7% -1.5
June 2.7% -1.6
July 2.4% -1.7
August 2.0% -1.8
September 2.8% +0.7
October 3.5% +2.2
November 4.3% +2.3
December 4.1% +1.6
Average 2.9%

Data source

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

See also