Germany Inflation Rate 1950-2014 | Data | Chart | Calendar | Forecast

The inflation rate in Germany was recorded at 0.80 percent in October of 2014. Inflation Rate in Germany averaged 2.47 Percent from 1950 until 2014, reaching an all time high of 11.54 Percent in October of 1951 and a record low of -7.62 Percent in June of 1950. Inflation Rate in Germany is reported by the Federal Statistics Office.

   
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Germany Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.80 11.54 -7.62 1950 - 2014 percent Monthly
In Germany, most important categories in the consumer price index are housing, water, electricity, gas and other fuels (31 percent of the total weight), transport (13 percent), recreation (12 percent) and food and non-alcoholic beverages (10 percent). The index also includes miscellaneous goods and services (7 percent), clothing and footwear (5 percent) and health (4 percent). The remaining 8 percent of the index is composed by: furnishing and household equipment, communications and accommodation and catering services. This page provides - Germany Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Germany Inflation Rate - was last refreshed on Sunday, November 23, 2014.


Germany Inflation Confirmed at 0.8% in October


German annual inflation rate was recorded at 0.8 percent in October of 2014, unchanged from the previous two months and matching preliminary estimates.

Year-on-year, energy prices fell 2.3 percent. Prices were down in particular for light fuel (-10.8 percent) and motor fuels (-3.5 percent). In contrast, electricity prices rose again 1.8 percent. 

Food prices increased 0.7 percent from October of 2013. Prices were significantly higher for dairy products (+6.3 percent) and coffee, tea and cocoa (+6.4 percent, including coffee beans: +11.1 percent). Lower prices were seen for edible fats and oils (-10.9 percent, including butter: -19.1 percent), vegetables (-1.2 percent) and fruit (-1.1 percent). 

Prices of services rose above average (+1.7 percent) compared with October 2013, mainly due to the increase in net rents (+1.6 percent). Besides, price increases were observed, for example, recreational and sporting services (+3.4 percent) and social institutions services (+4.1 percent, including outpatient care services: +10.3 percent). The prices of telecommunication services, however, continued to declined (-1.1 percent).

Compared with September 2014, consumer prices fell 0.3 percent in October of 2014. Cost were down for energy (-1.5 percent), mainly due to lower price of petroleum products (-3.1 percent, of which fuels: -2.4 percent and heating oil: -5.8 percent). Price also decreased for holiday packages (-4.5 percent).

The harmonized index of consumer prices rose by 0.7 percent in October of 2014 over the same month last year. Compared with the previous month, the index fell 0.3 percent. The preliminary results for the HICP were confirmed.

DESTATIS l Rida l rida@tradingeconomics.com
11/13/2014 10:36:59 AM


Recent Releases

Germany Inflation Rate Steady in October
The inflation rate in Germany is expected to remain stable at 0.8 percent in October of 2014. Yet, preliminary estimates showed monthly inflation falling to -0.3 percent, the lowest rate since the beginning of the year. Published on 2014-10-30

Germany Inflation Confirmed at 0.8% in September
German annual inflation rate was recorded at 0.8 percent in September of 2014, unchanged from the previous month and matching the preliminary estimate. It is the lowest figure since February of 2010 mainly due to decreasing energy prices. Published on 2014-10-15


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-10-15 07:00 AM
Inflation Rate YoY Final  Sep 2014
0.8% 0.8% 0.8% 0.8%
2014-10-30 01:00 PM
Inflation Rate YoY  Oct 2014
0.8% 0.8% 0.9% 0.83%
2014-11-13 07:00 AM
Inflation Rate YoY - Final  Oct 2014
0.8% 0.8% 0.8% 0.8%
2014-11-27 01:00 PM
Inflation Rate YoY - Prel  Nov 2014
0.8% 0.7% 0.93%
2014-12-11 07:00 AM
Inflation Rate YoY Final  Nov 2014


Germany Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 0.80 11.54 -7.62 percent [+]
Inflation Rate Mom -0.30 0.00 2.65 -2.73 percent [+]
Consumer Price Index CPI 106.70 107.00 107.00 20.50 Index Points [+]
Harmonised Consumer Prices 116.20 116.60 116.60 114.80 Index Points [+]
Producer Prices 105.50 105.70 107.70 26.50 Index Points [+]
Producer Prices Change -1.00 -1.00 22.41 -7.79 percent [+]
Export Prices 104.30 104.10 105.20 38.00 Index Points [+]
Import Prices 103.80 103.50 110.00 41.10 Index Points [+]
Food Inflation 0.91 1.00 8.22 -3.09 percent [+]
Core Consumer Prices 105.20 105.30 105.30 69.80 Index Points [+]
Core Inflation Rate 1.35 1.35 6.29 0.19 percent [+]