Germany's harmonised consumer prices decreased 0.1% month-on-month in January 2026, after a 0.2% rise in the previous month. Harmonised Inflation Rate MoM in Germany averaged 0.16 percent from 1995 until 2026, reaching an all time high of 2.50 percent in March of 2022 and a record low of -1.30 percent in January of 2015. source: Federal Statistical Office



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-16 07:00 AM
Harmonised Inflation Rate MoM Final
Dec 0.2% -0.5% 0.2% 0.2%
2026-01-30 01:00 PM
Harmonised Inflation Rate MoM Prel
Jan -0.1% 0.2% -0.2% -0.1%
2026-02-17 07:00 AM
Harmonised Inflation Rate MoM Final
Jan 0.2% -0.1% -0.1%


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 Housing Utilities 118.20 118.20 points Dec 2025
CPI Transportation 128.50 127.90 points Dec 2025
Energy Inflation -1.70 -1.30 percent Jan 2026
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
Harmonised Inflation Rate MoM -0.10 0.20 percent Jan 2026
Harmonised Inflation Rate YoY 2.10 2.00 percent Jan 2026
Import Prices 111.30 111.40 points Dec 2025
Import Prices MoM -0.10 0.50 percent Dec 2025
Import Prices YoY -2.30 -1.90 percent Dec 2025
Inflation Rate YoY 2.10 1.80 percent Jan 2026
Inflation Rate MoM 0.10 0.00 percent Jan 2026
PPI MoM -0.20 0.00 percent Dec 2025
Producer Prices 125.10 125.40 points Dec 2025
PPI YoY -2.50 -2.30 percent Dec 2025
Rent Inflation 2.20 2.20 percent Dec 2025
Services Inflation 3.20 3.50 percent Jan 2026
Wholesale Prices 117.70 117.90 points Dec 2025
Wholesale Prices MoM -0.20 0.30 percent Dec 2025
Wholesale Prices YoY 1.20 1.50 percent Dec 2025


Germany Harmonised Inflation Rate MoM
Actual Previous Highest Lowest Dates Unit Frequency
-0.10 0.20 2.50 -1.30 1995 - 2026 percent Monthly
NSA