The EU-harmonised annual inflation rate in Germany eased to 2.7% in May 2026 from 2.9% in the previous month, which was the highest reading since January 2024, in line with preliminary estimates. Harmonised Inflation Rate YoY in Germany averaged 1.93 percent from 1996 until 2026, reaching an all time high of 11.60 percent in October of 2022 and a record low of -0.70 percent in July of 2009. source: Federal Statistical Office
Harmonised Inflation Rate YoY in Germany is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Harmonised Inflation Rate YoY is projected to trend around 2.40 percent in 2027 and 2.20 percent in 2028, according to our econometric models.