Germany’s annual inflation rate accelerated to 2.9% in April 2026, confirming preliminary estimates and rising from 2.7% in March, marking the highest reading since January 2024. The increase was largely driven by another sharp rise in energy prices, which surged 10.1% amid higher crude oil prices linked to the ongoing Iran war. Motor fuel costs jumped 26.2%, while heating oil prices soared 55.1%. Food inflation also picked up to 1.2% from 0.9%, while goods inflation accelerated to 2.9% from 2.3%. In contrast, services inflation eased to 2.8% from 3.2%. Core inflation, which excludes food and energy, held steady at 2.3%. On a monthly basis, consumer prices rose 0.6% in April, matching preliminary estimates, as energy prices increased 2.1%. Meanwhile, the annual HICP inflation rate edged up to 2.9% from 2.8% in March, also reaching its highest level since January 2024, and well above the European Central Bank’s 2% target. source: Federal Statistical Office

Inflation Rate in Germany increased to 2.90 percent in April from 2.70 percent in March of 2026. Inflation Rate in Germany averaged 2.49 percent from 1950 until 2026, reaching an all time high of 11.70 percent in October of 1951 and a record low of -7.62 percent in June of 1950. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

Inflation Rate in Germany increased to 2.90 percent in April from 2.70 percent in March of 2026. Inflation Rate in Germany is expected to be 3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Inflation Rate is projected to trend around 2.70 percent in 2027 and 2.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-29 12:00 PM
Inflation Rate YoY Prel
Apr 2.9% 2.7% 3% 3.1%
2026-05-12 06:00 AM
Inflation Rate YoY Final
Apr 2.9% 2.7% 2.9% 2.9%
2026-05-29 12:00 PM
Inflation Rate YoY Prel
May 2.9% 3.1%



Components Last Previous Unit Reference
Baden Wuerttemberg CPI YoY 2.60 2.50 percent Apr 2026
Bavaria CPI MoM 2.90 2.80 percent Apr 2026
Brandenburg CPI YoY 2.90 2.80 percent Apr 2026
Core Inflation Rate 2.30 2.50 percent Apr 2026
Energy Inflation 10.10 7.20 percent Apr 2026
Food Inflation 1.50 1.30 percent Apr 2026
Hesse CPI YoY 2.80 2.90 percent Apr 2026
North Rhine Westphalia CPI YoY 2.70 2.70 percent Apr 2026
PPI YoY -0.20 -3.30 percent Mar 2026
Saxony CPI YoY 2.90 2.80 percent Apr 2026
Services Inflation 2.80 3.20 percent Apr 2026

Related Last Previous Unit Reference
CPI 125.20 124.50 points Apr 2026
Core Consumer Prices 120.60 120.20 points Apr 2026
CPI Clothing and Footwear 112.70 112.30 points Apr 2026
CPI Education 124.40 124.10 points Apr 2026
CPI Food and Non-Alcoholic Beverages 138.60 138.00 points Apr 2026
CPI Housing Utilities 119.10 118.80 points Apr 2026
CPI Recreation, Entertainment and Culture 117.90 117.50 points Apr 2026
CPI Restaurant and Accommodation Services 135.10 134.30 points Apr 2026
CPI Transportation 137.40 135.40 points Apr 2026
Export Prices 117.90 116.60 points Mar 2026
Harmonised Consumer Prices 102.67 102.11 points Apr 2026
Harmonised Inflation Rate MoM 0.50 1.20 percent Apr 2026
Harmonised Inflation Rate YoY 2.90 2.80 percent Apr 2026
Import Prices 116.90 112.80 points Mar 2026
Inflation Rate YoY 2.90 2.70 percent Apr 2026
Inflation Rate MoM 0.60 1.10 percent Apr 2026
PPI MoM 2.50 -0.50 percent Mar 2026
Producer Prices 126.90 123.80 points Mar 2026
Wholesale Prices 125.10 122.70 points Apr 2026


Germany Inflation Rate
In Germany, the most important categories in the consumer price index are Housing, water, electricity, gas & other fuels (32 percent of the total weight), Transport (13 percent), Recreation, entertainment & culture (11 percent) and Food & non-alcoholic beverages (10 percent). The index also includes Miscellaneous goods & services (7 percent), Furniture, lighting equipment, appliances & other household equipment (5 percent), Restaurant & accommodation services (5 percent), Health (5 percent) and Clothing & footwear (5 percent). The remaining 7 percent of the index is composed of Alcoholic beverages & tobacco, Communication and Education.
Actual Previous Highest Lowest Dates Unit Frequency
2.90 2.70 11.70 -7.62 1950 - 2026 percent Monthly

News Stream
Germany April Inflation Confirmed at 2.9%
Germany’s annual inflation rate accelerated to 2.9% in April 2026, confirming preliminary estimates and rising from 2.7% in March, marking the highest reading since January 2024. The increase was largely driven by another sharp rise in energy prices, which surged 10.1% amid higher crude oil prices linked to the ongoing Iran war. Motor fuel costs jumped 26.2%, while heating oil prices soared 55.1%. Food inflation also picked up to 1.2% from 0.9%, while goods inflation accelerated to 2.9% from 2.3%. In contrast, services inflation eased to 2.8% from 3.2%. Core inflation, which excludes food and energy, held steady at 2.3%. On a monthly basis, consumer prices rose 0.6% in April, matching preliminary estimates, as energy prices increased 2.1%. Meanwhile, the annual HICP inflation rate edged up to 2.9% from 2.8% in March, also reaching its highest level since January 2024, and well above the European Central Bank’s 2% target.
2026-05-12
German Inflation Accelerates to 2.9% in April
Germany’s consumer price inflation rose to 2.9% year-over-year in April 2026, up from 2.7% in March and slightly below market expectations of 3%, according to preliminary data. This marks the highest rate since January 2024, primarily driven by a 10.1% surge in energy prices linked to the Iran war. Food inflation also ticked up to 1.2% from 0.9%, while services inflation eased to 2.8% from 3.2%. The core inflation rate, excluding food and energy, fell to 2.3%, its lowest level since June 2021. Meanwhile, the EU-harmonized annual inflation rate increased to 2.9%, the highest since January 2024 and well above the European Central Bank’s 2% target.
2026-04-29
German Inflation Rate Confirmed at Over 2-Year High
Germany’s annual inflation rate climbed to 2.7% in march 2026, confirming preliminary estimates and accelerating from 1.9% in February. It marked the highest level since January 2024, largely driven by a sharp rebound in energy prices, which climbed 7.2% amid surging fuel (20%) and light heating oil (44.4%) costs. The spike reflects ongoing pressures linked to the prolonged Middle East conflict and developments in global crude oil markets. Goods inflation picked up to 2.3%, supported by higher prices for consumer goods (3.4%) and durable goods (0.5%). Food price growth eased to 0.9% from 1.1%, as a steep decline in fats and oils (-17.6%) offset notable increases in sugar, jam, honey, and confectionery (6.1%). Services inflation strengthened to 3.2%, with significant rises in social services (7%) and combined passenger transport (6.2%). Meanwhile, core inflation edged down to 2.3% from 2.5%. On a monthly basis, CPI climbed 1.1% from 0.2% in February, in line with initial estimates.
2026-04-10