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

Consumer prices in Germany are expected to increase 0.2 percent year-on-year in August, the same pace as in the previous month, as an increase in cost of services was enough to offset a further drop in prices of goods such as household energy and motor fuels. Inflation Rate in Germany averaged 2.44 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.

Germany Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.20 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 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. Content for - Germany Inflation Rate - was last refreshed on Monday, August 31, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-07-30 01:05 PM Jul 0.2% 0.3% 0.3% 0.2%
2015-08-13 07:00 AM Jul 0.2% 0.3% 0.2% 0.2%
2015-08-28 01:00 PM Aug 0.2% 0.2% 0.2% 0.1%
2015-09-11 07:00 AM Aug 0.2% 0.2%
2015-09-29 01:00 PM Sep 0.37%
2015-10-13 07:00 AM Sep


Germany Inflation Rate Steady at 0.2% in August


Consumer prices in Germany are expected to increase 0.2 percent year-on-year in August, the same pace as in the previous month, as an increase in cost of services was enough to offset a drop in prices of goods such as household energy and motor fuels.

According to preliminary estimates, goods prices are likely to fall 0.9 percent, compared to a 0.7 percent decline in July, as cost of energy is expected to decrease by 7.6 percent, compared to a 6.2 percent decline in the previous month. Meanwhile food cost is expected to rise at a faster 0.8 percent, following a 0.4 percent increase in July. By contrast, cost of services is expected to accelerate to 1.2 percent (from 1.1 percent in July); while prices of rents are expected to ease to 1.1 percent growth, down from 1.2 percent posted last month.

On a monthly basis, consumer prices are estimated to remain stable, from a 0.2 percent growth in July.

The harmonised consumer price index is expected to be up 0.1 percent in August over a year earlier. Compared with July 2015, it is expected to remain stable.

Destatis | Joana Ferreira | joana.ferreira@tradingeconomics.com
8/28/2015 1:26:11 PM


Recent Releases

Germany Inflation Confirmed at 5-Month Low
Consumer prices in Germany increased 0.2 percent in July of 2015, easing from a 0.3 percent rise in the previous month and matching preliminary estimates. It is the lowest inflation rate since February, due to further decline in energy prices and a slowdown in cost of food.
Published on 2015-08-13

Germany Inflation Rate at 5-Month Low
Consumer prices in Germany are expected to increase 0.2 percent year-on-year in July, below market expectations and slowing from a 0.3 percent rise in the previous month. It is the lowest figure since February as energy deflation deepens and food prices slowed.
Published on 2015-07-30

Germany Inflation Confirmed at 3-Month Low in June
Consumer prices in Germany increased 0.3 percent in June of 2015, easing from a 0.7 percent increase in the previous month and matching preliminary estimates. It is the lowest inflation figure since March this year, due to a further decline of energy prices and a slowdown in cost of food and services.
Published on 2015-07-14

Germany Inflation Rate Down to 3-Month Low
Consumer prices in Germany are expected to increase 0.3 percent year-on-year in June, below market expectations and slowing from a 0.7 percent rise in the previous month. Energy cost fell at a faster pace while prices of services and food eased.
Published on 2015-06-29


Germany Prices Last Previous Highest Lowest Unit
Inflation Rate 0.20 0.20 11.54 -7.62 percent [+]
Inflation Rate Mom 0.00 0.20 2.65 -2.73 percent [+]
Consumer Price Index CPI 107.20 107.20 107.20 20.50 Index Points [+]
Harmonised Consumer Prices 116.70 116.70 116.70 86.90 Index Points [+]
Producer Prices 104.40 104.40 107.70 26.50 Index Points [+]
Producer Prices Change -1.30 -1.40 22.41 -7.79 percent [+]
Export Prices 105.40 105.30 105.60 38.00 Index Points [+]
Import Prices 101.80 102.50 110.00 41.10 Index Points [+]
Food Inflation 0.40 1.05 8.22 -3.09 percent [+]
Core Consumer Prices 106.30 105.90 106.30 69.80 Index Points [+]
Core Inflation Rate 1.14 1.05 6.29 0.19 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.50 Jun/15 1.30 23.90 -1.30 percent [+]
Brazil 9.56 Jul/15 8.89 6821.31 1.65 percent [+]
Canada 1.30 Jul/15 1.00 21.60 -17.80 percent [+]
China 1.60 Jul/15 1.40 28.40 -2.20 percent [+]
Euro Area 0.20 Jul/15 0.20 5.00 -0.70 percent [+]
France 0.20 Jul/15 0.30 18.80 -0.70 percent [+]
Germany 0.20 Aug/15 0.20 11.54 -7.62 percent [+]
India 3.78 Jul/15 5.40 11.16 3.78 percent [+]
Indonesia 7.26 Jul/15 7.26 82.40 -1.17 percent [+]
Italy 0.20 Jul/15 0.20 25.64 -0.60 percent [+]
Japan 0.20 Jul/15 0.40 25.00 -2.52 percent [+]
Mexico 2.74 Jul/15 2.87 179.73 2.74 percent [+]
Netherlands 1.00 Jul/15 1.00 11.19 -1.30 percent [+]
Russia 15.60 Jul/15 15.30 2333.30 3.60 percent [+]
South Korea 0.70 Jul/15 0.70 32.50 0.20 percent [+]
Spain -0.40 Aug/15 0.10 28.43 -1.37 percent [+]
Switzerland -1.30 Jul/15 -1.00 11.92 -1.37 percent [+]
Turkey 6.81 Jul/15 7.20 138.71 -4.01 percent [+]
United Kingdom 0.10 Jul/15 0.00 8.50 -0.10 percent [+]
United States 0.20 Jul/15 0.10 23.70 -15.80 percent [+]