Core consumer prices in Germany increased 2.50 percent in January of 2026 over the same month in the previous year. Core Inflation Rate in Germany averaged 1.70 percent from 1992 until 2026, reaching an all time high of 6.29 percent in May of 1992 and a record low of -6.10 percent in July of 2020. source: Federal Statistical Office

Core Inflation Rate in Germany is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Core Inflation Rate is projected to trend around 2.10 percent in 2027 and 2.00 percent in 2028, according to our econometric models.


Components Last Previous Unit Reference
PPI YoY -2.50 -2.30 percent Dec 2025

Related Last Previous Unit Reference
CPI 122.80 122.70 points Jan 2026
Core Consumer Prices 117.90 119.10 points Dec 2025
Core Inflation Rate 2.50 2.40 percent Jan 2026
CPI Clothing and Footwear 111.50 113.30 points Dec 2025
CPI Education 122.10 122.00 points Dec 2025
CPI Food and Non-Alcoholic Beverages 136.50 136.80 points Dec 2025
CPI Housing Utilities 118.20 118.20 points Dec 2025
CPI Recreation, Entertainment and Culture 117.80 117.30 points Dec 2025
CPI Restaurant and Accommodation Services 132.90 132.60 points Dec 2025
CPI Transportation 128.50 127.90 points Dec 2025
Export Prices 115.50 115.60 points Dec 2025
Food Inflation 1.40 1.80 percent Dec 2025
Harmonised Consumer Prices 132.70 132.80 points Jan 2026
Import Prices 111.30 111.40 points Dec 2025
Inflation Rate YoY 2.10 1.80 percent Jan 2026
Inflation Rate MoM 0.10 0.00 percent Jan 2026
Producer Prices 125.10 125.40 points Dec 2025
Wholesale Prices 117.70 117.90 points Dec 2025


Germany Core Inflation Rate
In Germany, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.
Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.40 6.29 -6.10 1992 - 2026 percent Monthly
2010=100