The EU-harmonised CPI in Germany rose 2.8% year-on-year in July 2026, accelerating from a 2.4% increase in the previous month and matching preliminary figures. It was the highest yearly reading since April. source: Federal Statistical Office

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. This page includes a chart with historical data for Germany Harmonised Inflation Rate YoY. Germany Harmonised Inflation Rate YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

Harmonised Inflation Rate YoY in Germany is expected to be 2.70 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 2.30 percent in 2027 and 2.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-30 12:00 PM
Harmonised Inflation Rate YoY Prel
Jul 2.8% 2.4% 2.8% 2.7%
2026-08-12 06:00 AM
Harmonised Inflation Rate YoY Final
Jul 2.8% 2.4% 2.8% 2.8%
2026-08-31 12:00 PM
Harmonised Inflation Rate YoY Prel
Aug 2.8% 2.9%


Related Last Previous Unit Reference
CPI 125.60 124.60 points Jul 2026
Core Consumer Prices 121.60 121.20 points Jul 2026
Core Inflation Rate 2.40 2.50 percent Jul 2026
CPI Housing Utilities 119.30 118.90 points Jul 2026
CPI Transportation 137.70 133.30 points Jul 2026
Energy Inflation 8.30 3.40 percent Jul 2026
Export Prices 119.60 119.50 points Jun 2026
Food Inflation 0.40 0.60 percent Jul 2026
Harmonised Consumer Prices 103.20 102.32 points Jul 2026
Harmonised Inflation Rate MoM 0.90 -0.20 percent Jul 2026
Harmonised Inflation Rate YoY 2.80 2.40 percent Jul 2026
Import Prices 118.30 119.10 points Jun 2026
Import Prices MoM -0.70 0.70 percent Jun 2026
Import Prices YoY 6.10 6.80 percent Jun 2026
Inflation Rate YoY 2.80 2.30 percent Jul 2026
Inflation Rate MoM 0.80 -0.30 percent Jul 2026
PPI MoM -0.30 0.30 percent Jun 2026
Producer Prices 128.40 128.80 points Jun 2026
PPI YoY 1.80 2.20 percent Jun 2026
Rent Inflation 2.10 2.10 percent Jul 2026
Services Inflation 2.90 3.10 percent Jul 2026
Wholesale Prices 123.80 123.50 points Jul 2026
Wholesale Prices MoM 0.20 -0.70 percent Jul 2026
Wholesale Prices YoY 5.30 4.90 percent Jul 2026


Germany Harmonised Inflation Rate YoY
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.
Actual Previous Highest Lowest Dates Unit Frequency
2.80 2.40 11.60 -0.70 1996 - 2026 percent Monthly
NSA