Germany Inflation Rate  1950-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Germany are expected to increase by 0.7 percent on the year in September 2016, following a 0.4 percent growth in the previous month and beating market expectations of a 0.6 percent gain. Inflation hit its highest level since May 2015, as cost of services and food continued to rise while energy prices fell at a slower pace. On a monthly basis, consumer prices edged up 0.1 percent. Inflation Rate in Germany averaged 2.41 percent from 1950 until 2016, 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.

Germany Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.40 11.54 -7.62 1950 - 2016 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 the latest reported value for - Germany Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Inflation Rate - actual data, historical chart and calendar of releases - was last updated on October of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-08-30 12:00 PM Aug 0.4% 0.4% 0.5% 0.4%
2016-09-13 06:00 AM Aug 0.4% 0.4% 0.4% 0.4%
2016-09-29 12:00 PM Sep 0.7% 0.4% 0.6% 0.5%
2016-10-13 06:00 AM Sep 0.4% 0.7% 0.7%
2016-10-28 12:00 PM Oct 0.5%
2016-11-11 07:00 AM Oct

German Inflation Rate Hits 16-Month High in September


Consumer prices in Germany are expected to increase by 0.7 percent on the year in September 2016, following a 0.4 percent growth in the previous month and beating market expectations of a 0.6 percent gain. Inflation hit its highest level since May 2015, as cost of services and food continued to rise while energy prices fell at a slower pace. On a monthly basis, consumer prices edged up 0.1 percent.

Year-on-year, prices of services are expected to grow 1.3 percent, the same pace as in August, as cost of rents is expected to go up 1.3 percent. In contrast, prices of goods are expected to drop slightly by 0.1 percent, compared to a 0.6 percent fall in the previous month, as cost of energy fell 3.6 percent (from -5.9 percent in August) while food prices rose 0.4 percent (from +0.9 percent).

On a monthly basis, consumer prices are expected to gain 0.1 percent, following a flat reading in August.

The harmonised index of consumer prices is expected to increase by 0.5 percent from the previous year. Compared with August 2016, it is expected to remain unchanged. 

Destatis l Joana Ferreira | joana.ferreira@tradingeconomics.com
9/29/2016 12:08:56 PM

Germany Prices Last Previous Highest Lowest Unit
Inflation Rate 0.70 0.40 11.54 -7.62 percent [+]
Inflation Rate Mom 0.10 0.00 2.65 -2.73 percent [+]
Consumer Price Index CPI 107.70 107.60 107.70 20.50 Index Points [+]
Harmonised Consumer Prices 100.60 100.60 100.70 75.50 Index Points [+]
Core Consumer Prices 107.90 107.70 107.90 69.80 Index Points [+]
Core Inflation Rate 1.22 1.31 6.29 0.19 percent [+]
Producer Prices 102.20 102.30 107.70 26.50 Index Points [+]
Producer Prices Change -1.60 -2.00 22.41 -7.79 percent [+]
Export Prices 104.00 104.10 105.60 38.00 Index Points [+]
Import Prices 97.70 97.90 110.00 41.10 Index Points [+]
Food Inflation 0.80 1.00 8.22 -3.09 percent [+]
Cpi Transportation 104.70 105.30 109.50 57.30 Index Points [+]




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