Germany Inflation Rate 1950-2015 | Data | Chart | Calendar | Forecast

The inflation rate in Germany was recorded at -0.30 percent in January of 2015. Inflation Rate in Germany averaged 2.46 percent from 1950 until 2015, 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
-0.30 0.20 11.54 -7.62 1950 - 2015 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 Friday, January 30, 2015.


Germany Falls Into Deflation


Consumer prices in Germany are expected to decrease 0.3 percent year-on-year in January. It is the first time since September of 2009 the inflation rate turns negative due to a drop in energy cost.

According to preliminary estimates, energy prices are likely to fall 9 percent, compared to a 6.6 percent drop in December. Food cost is estimated to decline 1.3 percent after decreasing by 1.2 percent in the previous month. In contrast, prices of services are expected to increase 1.2 percent. 

Excluding food and energy, consumer prices are expected to increase by 1.1 percent year on year. 

On a monthly basis, consumer prices are estimated to decrease 1 percent. 

The harmonised consumer price index for Germany is expected to decline by 0.5 percent in January compared with the same month a year earlier. From the previous month, prices are expected to decrease by 1.3 percent.

Destatis | Joana Taborda | joana.taborda@tradingeconomics.com
1/29/2015 1:18:13 PM


Recent Releases

Germany Inflation Confirmed at 0.2% in December
German annual inflation rate was recorded at 0.2 percent in December of 2014, slowing from a 0.6 percent increase in the previous month. It is the lowest rate since October 2009, driven by falling energy prices. Published on 2015-01-16

Germany Inflation Rate Down to 0.2%
German annual inflation rate is expected to slow to 0.2 percent in December of 2014 from 0.6 percent in the previous month. It is the lowest rate since October of 2009 supported by falling energy prices. Published on 2015-01-05


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-01-05 01:00 PM
Inflation Rate YoY Prel  Dec
0.2% 0.6% 0.4% 0.5%
2015-01-16 07:00 AM
Inflation Rate YoY Final  Dec
0.2% 0.6% 0.2% 0.2%
2015-01-29 01:00 PM
Inflation Rate YoY Prel  Jan
-0.3% 0.2% -0.1% -0.2%
2015-02-12 07:00 AM
Inflation Rate YoY Final  Jan
0.2% -0.3% -0.3%
2015-02-27 01:00 PM
Inflation Rate YoY Prel  Feb
-0.1%
2015-03-12 07:00 AM
Inflation Rate YoY Final  Feb


Germany Prices Last Previous Highest Lowest Unit
Inflation Rate -0.30 0.20 11.54 -7.62 percent [+]
Inflation Rate Mom -1.00 0.00 2.65 -2.73 percent [+]
Consumer Price Index CPI 106.70 106.70 107.00 20.50 Index Points [+]
Harmonised Consumer Prices 116.30 116.20 116.60 114.80 Index Points [+]
Producer Prices 104.80 105.50 107.70 26.50 Index Points [+]
Producer Prices Change -1.70 -0.90 22.41 -7.79 percent [+]
Export Prices 103.90 104.20 105.20 38.00 Index Points [+]
Import Prices 101.00 102.70 110.00 41.10 Index Points [+]
Food Inflation -0.63 0.27 8.22 -3.09 percent [+]
Core Consumer Prices 105.90 105.40 105.90 69.80 Index Points [+]
Core Inflation Rate 1.34 1.15 6.29 0.19 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.70 Nov/14 2.30 23.90 -1.30 percent [+]
Brazil 6.41 Dec/14 6.56 6821.31 1.65 percent [+]
Canada 1.50 Dec/14 2.00 21.60 -17.80 percent [+]
China 1.50 Dec/14 1.40 28.40 -2.20 percent [+]
Euro Area -0.60 Jan/15 -0.20 5.00 -0.70 percent [+]
France 0.10 Dec/14 0.30 18.80 -0.70 percent [+]
Germany -0.30 Jan/15 0.20 11.54 -7.62 percent [+]
India 5.00 Dec/14 4.38 11.16 4.38 percent [+]
Indonesia 8.36 Dec/14 6.23 82.40 -1.17 percent [+]
Italy 0.00 Dec/14 0.19 25.64 -2.44 percent [+]
Japan 2.40 Dec/14 2.40 25.00 -2.52 percent [+]
Mexico 4.08 Dec/14 4.17 179.73 2.91 percent [+]
Netherlands 0.70 Dec/14 1.00 11.19 -1.30 percent [+]
Russia 11.40 Dec/14 9.10 2333.30 3.60 percent [+]
South Korea 0.80 Dec/14 1.00 32.50 0.20 percent [+]
Spain -1.40 Jan/15 -1.00 28.43 -1.40 percent [+]
Switzerland -0.30 Dec/14 -0.10 11.92 -1.37 percent [+]
Turkey 8.17 Dec/14 9.15 138.71 -4.01 percent [+]
United Kingdom 0.50 Dec/14 1.00 8.50 0.50 percent [+]
United States 0.80 Dec/14 1.30 23.70 -15.80 percent [+]