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

The inflation rate in Germany was recorded at 0.80 percent in August of 2014. Inflation Rate in Germany averaged 2.47 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.

   
 
 

Germany Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.85 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 Saturday, September 20, 2014.


Germany Inflation Rate Confirmed at 0.8% in August


German annual inflation rate rose to 0.8 percent in August of 2014, unchanged from the previous month and matching preliminary estimate, mainly due to decreasing energy prices.

Energy prices fell 1.9 percent year-on-year in August. Prices were down in particular for mineral oil products (–4.6 percent, of which heating oil: –5.0 percent; motor fuels: –4.4 percent). Prices of solid fuels (–2.5 percent) and charges for central and district heating (–1.5 percent) were lower than a year earlier. Electricity prices, however, rose 1.7 percent.

Food prices increased 0.3 percent from August of 2013. Prices were markedly higher than a year earlier again for dairy products (+8.4 percent, including curd: +13.9 percent; sliced cheese: +13.8 percent; yoghurt: +6.9 percent). Higher prices were also recorded for confectionery (+1.9 percent), bread and cereals (+1.5 percent) and fish and fish products (+1.3 percent). Price decreases were observed for vegetables (–7.2 percent, including potatoes: –30.0 percent; peppers: –18.0 percent; tomatoes: –7.0 percent). Consumers paid less also for edible oils and fats (–4.5 percent) and fruit (–2.0 percent).

Costs of health care rose 2.5 percent and prices of services went up 1.4 percent. Higher prices were also seen for clothing and footwear (up 1.9 percent), while cost of housing, water, electricity, gas and other fuels rose 0.9 percent.Cost of education and communication fell 2.8 percent and 1.4 percent respectively.

Compared with July 2014, consumer prices remained unchanged in August 2014. The month-on-month comparison showed a particular increase in prices of clothing and footwear (+2.6 percent, clothing: +3.2 percent), especially because of the gradual changeover to the autumn/winter season.

The harmonised index of consumer prices (HICP) rose by 0.8 percent in August of 2014 over the same month last year. Thus, for the fourth time this year, an inflation rate of under 1 percent was determined for the HICP. Compared with the previous month, the index remained unchanged in August 2014. The HICP estimates were thus confirmed.

DESTATIS l Rida l rida@tradingeconomics.com
9/11/2014 12:55:44 PM


Recent Releases

German Inflation Rate Steady at 0.8%
The inflation rate in Germany is expected to stand at 0.8 percent in August, as a rise in food prices was enough to offset a sharper fall in energy cost. Published on 2014-08-28

Germany Inflation Rate Confirmed at 0.8% in July
German annual inflation rate eased to 0.8 percent in July of 2014 from 1 percent in the previous month and matching preliminary estimate from July 30th. Published on 2014-08-13


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-07-30 01:00 PM Germany
Inflation Rate YoY
Jul 2014 0.8% 1.0% 0.8% 1.13%
2014-08-13 07:00 AM Germany
Inflation Rate YoY Final
Jul 2014 0.8% 1.0% 0.8% 0.8%
2014-08-28 01:00 PM Germany
Inflation Rate YoY
Aug 2014 0.8% 0.8% 0.8% 0.95%
2014-09-11 07:00 AM Germany
Inflation Rate YoY Final
Aug 2014 0.8% 0.8% 0.8% 0.8%
2014-09-29 01:00 PM Germany
Inflation Rate YoY
Sep 2014 0.8% 0.8% 0.95%


Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 0.85 11.54 -7.62 Percent [+]
Inflation Rate Mom 0.00 0.30 2.65 -2.73 Percent [+]
Consumer Price Index CPI 107.00 107.00 107.00 20.50 Index Points [+]
Harmonised Consumer Prices 116.60 116.30 116.60 114.80 Index Points [+]
Producer Prices 105.70 105.80 107.70 26.50 Index Points [+]
Producer Prices Change -0.80 -0.80 22.41 -7.79 Percent [+]
Export Prices 104.10 104.00 105.20 38.00 Index Points [+]
Import Prices 103.60 104.00 110.00 41.10 Index Points [+]
Food Inflation 0.54 0.18 8.22 -3.09 Percent [+]
Core Consumer Prices 105.30 105.10 105.30 69.80 Index Points [+]
Core Inflation Rate 1.34 1.25 6.29 0.19 Percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 3.00 Jun/14 2.90 23.90 -1.30 Percent [+]
Brazil 6.51 Aug/14 6.50 6821.31 1.65 Percent [+]
Canada 2.10 Aug/14 2.10 21.60 -17.80 Percent [+]
China 2.00 Aug/14 2.30 28.40 -2.20 Percent [+]
Euro Area 0.40 Aug/14 0.40 5.00 -0.70 Percent [+]
France 0.40 Aug/14 0.50 18.80 -0.70 Percent [+]
Germany 0.80 Aug/14 0.85 11.54 -7.62 Percent [+]
India 7.80 Aug/14 7.96 11.16 7.31 Percent [+]
Indonesia 3.99 Aug/14 4.53 82.40 -1.17 Percent [+]
Italy -0.10 Aug/14 0.09 25.64 -2.44 Percent [+]
Japan 3.40 Jul/14 3.60 25.00 -2.52 Percent [+]
Mexico 4.15 Aug/14 4.07 179.73 2.91 Percent [+]
Netherlands 1.00 Aug/14 0.89 11.19 -1.30 Percent [+]
Russia 7.60 Aug/14 7.50 2333.30 3.60 Percent [+]
South Korea 1.40 Aug/14 1.60 32.50 0.20 Percent [+]
Spain -0.50 Aug/14 -0.34 28.43 -1.37 Percent [+]
Switzerland 0.10 Aug/14 0.00 11.92 -1.37 Percent [+]
Turkey 9.54 Aug/14 9.32 138.71 -4.01 Percent [+]
United Kingdom 1.50 Aug/14 1.60 8.50 0.50 Percent [+]
United States 1.70 Aug/14 2.00 23.70 -15.80 Percent [+]





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