Average inflation measured by CPI fell 75.5% to 0.405% in Luxembourg in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Luxembourg reached an all time high of 10.7% in 1975 and an all time low of -0.100% in 1987. When compared to Luxembourg's main peers, average inflation measured by CPI in Belgium amounted to 0.637%, 0.458% in France, 0.495% in Germany and 1.18% in Netherlands in 2020.
Luxembourg has been ranked 142nd within the group of 172 countries we follow in terms of average inflation measured by CPI, 36 places below the position seen 10 years ago.
Inflation, CPI (Average) | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
Austria | % | 2.75% | 7.73% | 5.12% | 2.50% | 2.20% | ||||||||||||||||
Belgium | % | 3.22% | 9.47% | 4.91% | 1.81% | 1.69% | ||||||||||||||||
Denmark | % | 1.94% | 7.20% | 3.80% | 2.40% | 2.20% | ||||||||||||||||
France | % | 2.06% | 5.81% | 4.60% | 2.44% | 1.76% | ||||||||||||||||
Germany | % | 3.21% | 8.46% | 7.19% | 3.53% | 2.56% | ||||||||||||||||
Italy | % | 1.94% | 8.74% | 5.21% | 1.74% | 2.13% | ||||||||||||||||
Luxembourg | % | 3.47% | 8.39% | 3.69% | 2.31% | 2.00% | ||||||||||||||||
Netherlands | % | 2.83% | 12.0% | 8.00% | 2.70% | 2.30% | ||||||||||||||||
Poland | % | 5.12% | 13.8% | 14.3% | 4.26% | 3.21% | ||||||||||||||||
Spain | % | 3.09% | 8.83% | 4.85% | 3.46% | 2.27% | ||||||||||||||||
United Kingdom | % | 2.59% | 9.12% | 8.99% | 3.74% | 1.83% |