Germany Inflation Rate

The inflation rate in Germany was recorded at 1.15 percent in April of 2013. Inflation Rate in Germany is reported by the Federal Statistics Office. Historically, from 1950 until 2013, Germany Inflation Rate averaged 2.49 Percent reaching an all time high of 11.40 Percent in November of 1951 and a record low of -7.63 Percent in February of 1950. 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 includes a chart with historical data for Germany Inflation Rate.

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Germany Inflation Rate
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Germany Inflation Rate Confirmed at 1.2% in April
Destatis | Nuno Fontes | nuno@tradingeconomics.com  |  5/14/2013 8:54:08 AM


Consumer prices in Germany rose by 1.2 percent in April 2013 compared with April 2012. The inflation rate as measured by the consumer price index thus continued its downward trend (March 2013: +1.4 percent). A lower rate of price increase was last measured in August 2010 (+1.0 percent).

Since the beginning of the year, the price development for mineral oil products has had a downward effect on the overall inflation rate. In April 2013, the relevant prices were down 6.3 percent on April 2012 (of which motor fuels: -6.0 percent; heating oil: -7.4 percent). Not considering the price development for motor fuels and heating oil, the inflation rate in April 2013 was +1.7 percent. Energy prices as a whole rose 0.4 percent from April 2012 to April 2013. 
 
The decrease in health care prices (−3.8 percent) caused by the abolition of the medical consultation charge in January 2013 continued to have a downward effect on the overall inflation rate. The decline in the inflation rate in April 2013, however, was mainly due to the price decrease for package holidays (−3.3 percent on April 2012).
 
Food price increases from April 2012 to April 2013 were noticeable for consumers (+4.1 percent). Prices were up on a year earlier especially for fruit (+7.6 percent) and vegetables (+7.1 percent) as well as meat and meat products (+5.4 percent).  Total goods prices were up 1.5 percent in April 2013 on April 2012. Prices of non-durable and semi-durable consumer goods in April 2013 were 1.8 percent higher each than a year earlier. 
 
Total service prices rose by 0.8 percent in April 2013 compared with April 2012 (including net rents exclusive of heating expenses: +1.3 percent). Marked price increases were recorded, for example, for recreational and sporting services (+3.1 percent) and education (+3.4 percent). In contrast, price decreases were observed for financial services (−8.4 percent) and telecommunications services (−1.6 percent).
 

ARCHIVE
Germany Inflation Rate Down to 1.2% in April Consumer prices in Germany are expected to rise by 1.2 percent in April 2013 compared with April 2012. Based on the results available so far, the Federal Statistical Office also reports that the consumer prices are expected to decrease by 0.5% on March 2013. 2013-04-29
Germany Inflation Rate Down to 1.7 Percent in January Consumer prices in Germany rose by 1.7 percent in January 2013 compared with January 2012, so the general rise in prices slowed down. In December 2012, the inflation rate as measured by the consumer price index amounted to +2.0 percent. A rate of price increase of +1.7 percent was last measured in June 2012. 2013-02-20
Germany Inflation Rate Down to 1.4% in March Consumer prices in Germany rose by 1.4 percent in March 2013 compared with March 2012. The inflation rate as measured by the consumer price index thus continued its downward trend that started at the beginning of the year (February 2013: +1.5 percent; January 2013: +1.7 percent). 2013-04-11
Germany Inflation Down to 1.7% in January The consumer price index for Germany is expected to rise by 1.7 percent in January 2013 compared with January 2012, based on the results available so far from the Federal Statistical Office. 2013-01-31
Germany Inflation Rate Down to 1.4% in March German consumer prices rose by 0.5 percent on the month and by 1.4 percent on the year in March, according to preliminary data from the Federal Statistics Office. 2013-04-02
Germany Inflation at 2.1% in December 2012 According to preliminary data, the Federal Statistical Office reports that the consumer price index is expected to be up 2.1% in December 2012 on December 2011. 2013-01-02
Germany Inflation Rate Down to 1.5 Percent in February Consumer prices in Germany rose by 1.5 percent in February 2013 compared with February 2012. A lower inflation rate, as measured by the consumer price index, was last determined in December 2010 (+1.3 percent). In January 2013, the inflation rate amounted to +1.7 percent. 2013-03-12
German Annual Inflation Up by 1.9% in November In November 2012, consumer prices in Germany were up 1.9% on November 2011, so the general rise in prices slowed down somewhat. Compared with October 2012, the consumer price index fell by 0.1% in November 2012 according to a release by the Federal Statistics Office. 2012-12-12
Germany Inflation Rate Down to 1.5 Percent in February According to preliminary results published by the Federal Statistical Office, consumer prices in Germany are expected to rise by 1.5 percent in February of 2013 compared with February of 2012. 2013-02-28



Inflation Rate | Notes

The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.






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