The EU-harmonised annual inflation rate in Germany decreased to 2% in February 2026 from 2.1% in January and below forecasts of 2.1%, preliminary estimates showed. Harmonised Inflation Rate YoY in Germany averaged 1.92 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 2.00 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 2.10 percent in 2027 and 1.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-17 07:00 AM
Harmonised Inflation Rate YoY Final
Jan 2.1% 2% 2.1% 2.1%
2026-02-27 01:00 PM
Harmonised Inflation Rate YoY Prel
Feb 2% 2.1% 2.1% 2.0%
2026-03-11 07:00 AM
Harmonised Inflation Rate YoY Final
Feb 2.1% 2% 2.0%


Related Last Previous Unit Reference
CPI 122.80 122.70 points Jan 2026
Core Consumer Prices 119.10 117.90 points Jan 2026
Core Inflation Rate 2.50 2.50 percent Feb 2026
CPI Housing Utilities 118.10 118.20 points Jan 2026
CPI Transportation 129.00 128.50 points Jan 2026
Energy Inflation -1.90 -1.70 percent Feb 2026
Export Prices 116.50 115.50 points Jan 2026
Food Inflation 2.60 1.40 percent Jan 2026
Harmonised Consumer Prices 100.56 100.67 points Jan 2026
Harmonised Inflation Rate MoM 0.40 -0.10 percent Feb 2026
Harmonised Inflation Rate YoY 2.00 2.10 percent Feb 2026
Import Prices 112.50 111.30 points Jan 2026
Import Prices MoM 1.10 -0.10 percent Jan 2026
Import Prices YoY -2.30 -2.30 percent Jan 2026
Inflation Rate YoY 1.90 2.10 percent Feb 2026
Inflation Rate MoM 0.20 0.10 percent Feb 2026
PPI MoM -0.60 -0.20 percent Jan 2026
Producer Prices 124.40 125.10 points Jan 2026
PPI YoY -3.00 -2.50 percent Jan 2026
Rent Inflation 2.20 2.20 percent Jan 2026
Services Inflation 3.20 3.20 percent Feb 2026
Wholesale Prices 118.80 117.70 points Jan 2026
Wholesale Prices MoM 0.90 -0.20 percent Jan 2026
Wholesale Prices YoY 1.20 1.20 percent Jan 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
2.00 2.10 11.60 -0.70 1996 - 2026 percent Monthly
NSA