Energy prices in Germany increased 6.6% year-on-year in May 2026, slowing from a 10.1% jump in April which was the biggest increase since February 2023, due to the effects of the war with Iran. Energy Inflation in Germany averaged 3.53 percent from 1992 until 2026, reaching an all time high of 36.54 percent in September of 2022 and a record low of -11.40 percent in July of 2009. source: Federal Statistical Office
Energy Inflation in Germany is expected to be 15.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Energy Inflation is projected to trend around 1.90 percent in 2027 and 2.70 percent in 2028, according to our econometric models.