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

The inflation rate in Germany was recorded at 0.57 percent in November of 2014. Inflation Rate in Germany averaged 2.46 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.

      Forecast    
Germany Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.57 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 Thursday, December 18, 2014.


Germany Inflation Confirmed at 0.6% in November


German annual inflation rate was recorded at 0.6 percent in November of 2014, down from 0.8 percent increase in the previous four months and matching preliminary estimates.

Year-on-year, energy prices fell 2.5 percent. Prices were down in particular for heating oil (-9.8 percent) and motor fuels (-4.5 percent). In contrast, electricity prices continued to rise (1.9 percent).

Food prices  remained unchanged from November of 2013. The rise in prices was less pronounced especially for dairy products (+1.5 percent; October 2014: +6.5 percent). The prices of edible fats and oils were markedly lower than a year earlier (-12.0 percent, including butter: -20.7 percent). Consumer had to pay slightly less for  fruit (-1.6 percent) and slightly more for vegetables (+1.5 percent), bread and cereals (+1.3 percent).

The prices of goods as a whole went down slightly (-0.2 percent year-on-year). Among goods, lower prices were recorded especially for telephones (-6.5 percent), consumer electronics (-6.4 percent, including TV sets: -9.9 percent) and information processing equipment (-6.3 percent, including portable computers: -9.5 percent). Consumers had to pay higher prices than a year earlier, for instance coffee, tea and cocoa (+7.6 percent, including unground coffee: +12.8 percent), pharmaceutical products (+4.9 percent) and tobacco products (+3.5 percent).

Prices of service rose above average (+1.4 percent) compared with  November 2013 (+1.4 percent), mainly due to the  increase in net rents (+1.4 percent). Besides, price increases were observed, for example, recreational and sporting services (+4.4 percent) and services of social facilities (+4.1 percent), including hime care for people insured under health insurance scheme: 10.3 percent). The prices of telecommunication services continued to declined (-1.0 percent) while those of holiday packages fell by 1.4 percent.

Compared with October 2014, consumer prices remained unchanged. Prices of food was down (-0.5 percent), mainly due to dairy products and eggs (-2.2 percent) and edible fats and oils (-1.1 percent). Cost of energy also declined by 1.1 percent, mainly due to motor fuel (-2.8 percent, including supergrade petrol: -3.3 percent; Diesel fuel: -1.6 percent) and heating oil (-1.6 percent) in November 2014.

The harmonized index of consumer prices rose by 0.5 percent in November of 2014 over the same month last year. Compared with the previous month, the index remained unchanged. The preliminary results for the HICP were confirmed.

DESTATIS l Rida l rida@tradingeconomics.com
12/11/2014 7:39:55 AM


Recent Releases

German Inflation Rate At Nearly 5-Year Low
German annual inflation rate is expected to ease to 0.6 percent in November of 2014, from 0.8 percent in the previous three months. It is the lowest rate since February 2010. Published on 2014-11-27

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. Published on 2014-11-13


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-11-13 07:00 AM
Inflation Rate YoY - Final  Oct
0.8% 0.8% 0.8% 0.8%
2014-11-27 01:00 PM
Inflation Rate YoY - Prel  Nov
0.6% 0.8% 0.7% 0.93%
2014-12-11 07:00 AM
Inflation Rate YoY Final  Nov
0.6% 0.8% 0.6% 0.6%
2015-01-06 01:00 PM
Inflation Rate YoY  Dec
0.74%
2015-01-16 07:00 AM
Inflation Rate YoY Final  Dec
2015-01-30 01:00 PM
Inflation Rate YoY  Jan
0.87%


Germany Prices Last Previous Highest Lowest Unit
Inflation Rate 0.57 0.80 11.54 -7.62 percent [+]
Inflation Rate Mom 0.00 -0.30 2.65 -2.73 percent [+]
Consumer Price Index CPI 106.70 106.70 107.00 20.50 Index Points [+]
Harmonised Consumer Prices 116.20 116.20 116.60 114.80 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 104.20 104.30 105.20 38.00 Index Points [+]
Import Prices 103.50 103.80 110.00 41.10 Index Points [+]
Food Inflation 0.27 0.91 8.22 -3.09 percent [+]
Core Consumer Prices 105.40 105.20 105.40 69.80 Index Points [+]
Core Inflation Rate 1.15 1.35 6.29 0.19 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 2.30 Aug/14 3.00 23.90 -1.30 percent [+]
Brazil 6.56 Nov/14 6.59 6821.31 1.65 percent [+]
Canada 2.40 Oct/14 2.00 21.60 -17.80 percent [+]
China 1.40 Nov/14 1.60 28.40 -2.20 percent [+]
Euro Area 0.30 Nov/14 0.40 5.00 -0.70 percent [+]
France 0.30 Nov/14 0.50 18.80 -0.70 percent [+]
Germany 0.57 Nov/14 0.80 11.54 -7.62 percent [+]
India 4.38 Nov/14 5.52 11.16 4.38 percent [+]
Indonesia 6.23 Nov/14 4.83 82.40 -1.17 percent [+]
Italy 0.19 Nov/14 0.10 25.64 -2.44 percent [+]
Japan 2.90 Oct/14 3.20 25.00 -2.52 percent [+]
Mexico 4.17 Nov/14 4.30 179.73 2.91 percent [+]
Netherlands 1.00 Nov/14 1.10 11.19 -1.30 percent [+]
Russia 9.10 Nov/14 8.30 2333.30 3.60 percent [+]
South Korea 1.00 Nov/14 1.20 32.50 0.20 percent [+]
Spain -0.40 Nov/14 -0.10 28.43 -1.37 percent [+]
Switzerland -0.10 Nov/14 0.00 11.92 -1.37 percent [+]
Turkey 9.15 Nov/14 8.96 138.71 -4.01 percent [+]
United Kingdom 1.00 Nov/14 1.30 8.50 0.50 percent [+]
United States 1.30 Nov/14 1.70 23.70 -15.80 percent [+]