Name: Germany Harmonised Consumer Prices
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Germany,Harmonised Consumer Prices,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

Harmonised Consumer Prices in Germany decreased to 132.70 points in January from 132.80 points in December of 2025. Harmonised Consumer Prices in Germany averaged 95.94 points from 1995 until 2026, reaching an all time high of 133.20 points in October of 2025 and a record low of 75.50 points in January of 1996. source: Federal Statistical Office

Harmonised Consumer Prices in Germany is expected to be 133.62 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Harmonised Consumer Prices is projected to trend around 138.44 points in 2027 and 141.07 points in 2028, according to our econometric models.

Components	Last	Previous	Unit	Reference
CPI	122.80	122.70	points	Jan 2026
Producer Prices	125.10	125.40	points	Dec 2025

Related	Last	Previous	Unit	Reference
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
PPI YoY	-2.50	-2.30	percent	Dec 2025
Wholesale Prices	117.70	117.90	points	Dec 2025

Germany Harmonised Consumer Prices

The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.