Germany Inflation Rate  1950-2018 | Data | Chart | Calendar | Forecast

The German consumer price inflation was confirmed at a three-month low of 1.6 percent year-on-year in January 2018, compared with 1.7 percent in the previous month. Energy prices rose at a softer pace. Inflation Rate in Germany averaged 2.39 percent from 1950 until 2018, reaching an all time high of 11.54 percent in October of 1951 and a record low of -7.62 percent in June of 1950.

Germany Inflation Rate
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German January Inflation Rate Confirmed at 1.6%


The German consumer price inflation was confirmed at a three-month low of 1.6 percent year-on-year in January 2018, compared with 1.7 percent in the previous month.

Year-on-year, prices of goods rose by 1.5 percent, compared with 1.8 percent in the preceding month, as energy prices went up at a softer pace while food inflation was steady. Prices also increased for newspapers and periodicals (5.1 percent) and tobacco products (4.5 percent), while cost fell for information processing equipment (-2 percent), consumer electronics (-1.4 percent) and clothing (-0.9 percent). 

Energy prices were up 0.9 percent in January, after a 1.3 percent rise a month earlier. Prices increased mainly for heating oil (5.5 percent), electricity (1.6 percent) and charges for central and district heating (1.5 percent). In contrast, consumers paid less for gas (-1.3 percent) and motor fuels (-0.5 percent).

Food inflation was unchanged at 2.9 percent. Price increases were observed for edible fats and oils (15.2 percent), dairy products (10.3 percent) and fruit (8.3 percent). On the other hand, vegetable prices were markedly down (-5.7 percent).

Services inflation was flat at 1.6 percent, with prices rising for: net rents exclusive of heating expenses (1.7 percent); maintenance and repair of vehicles (4.0 percent); in-patient health services (2.5 percent); and catering services (2.1 percent). Meantime, consumers paid less for  telecommunication services (-0.8 percent).

On a monthly basis, the consumer price index declined by 0.7 percent, after a 0.6 percent gain in December. Prices declined for: package holidays (-22.2 percent); air tickets (-5.0 percent); clothing (-7.3 percent) and footwear (-3.3 percent). By contrast, cost rose for energy (0.4 percent) and food (0.8 percent).

The harmonised index of consumer prices rose by 1.4 percent from the previous year, but declined by 1 percent month-over-month.


Destatis l Rida Husna | rida@tradingeconomics.com
2/14/2018 1:10:39 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-01-16 07:00 AM Inflation Rate YoY Final 1.7% 1.8% 1.7% 1.7%
2018-01-30 01:00 PM Inflation Rate YoY Prel 1.6% 1.7% 1.7% 1.8%
2018-02-14 07:00 AM Inflation Rate YoY Final 1.6% 1.7% 1.6% 1.6%
2018-02-27 01:00 PM Inflation Rate YoY Prel 1.6% 1.60%
2018-03-14 07:00 AM Inflation Rate YoY Final 1.6%
2018-03-29 12:00 PM Inflation Rate YoY Prel 1.50%


Germany Prices Last Previous Highest Lowest Unit
Inflation Rate 1.60 1.70 11.54 -7.62 percent [+]
Inflation Rate Mom -0.70 0.60 2.65 -2.73 percent [+]
Consumer Price Index CPI 109.80 110.60 110.60 20.50 Index Points [+]
Harmonised Consumer Prices 102.40 103.40 103.40 75.50 Index Points [+]
Core Consumer Prices 109.20 110.30 110.30 69.80 Index Points [+]
Core Inflation Rate 1.48 1.48 6.29 0.19 percent [+]
Producer Prices 105.80 105.60 107.70 26.50 Index Points [+]
Producer Prices Change 2.30 2.50 22.41 -7.79 percent [+]
Export Prices 106.20 106.10 106.20 38.00 Index Points [+]
Import Prices 102.40 102.10 110.00 41.10 Index Points [+]
Food Inflation 2.90 2.90 8.22 -3.09 percent [+]
CPI Housing Utilities 110.80 110.40 110.80 57.60 Index Points [+]
CPI Transportation 108.70 108.60 109.50 57.30 Index Points [+]


Germany Inflation Rate

In Germany, most important categories in the consumer price index are housing, water, electricity, gas and other fuels (31 percent of the total weight), transport (13 percent), recreation (12 percent) and food and non-alcoholic beverages (10 percent). The index also includes miscellaneous goods and services (7 percent), clothing and footwear (5 percent) and health (4 percent). The remaining 8 percent of the index is composed by: furnishing and household equipment, communications and accommodation and catering services. This page provides the latest reported value for - Germany Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Inflation Rate - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.70 11.54 -7.62 1950 - 2018 percent Monthly




inflation rate by Country
Country Last
Australia 1.90 Dec/17
Brazil 2.86 Jan/18
Canada 1.90 Dec/17
China 1.50 Jan/18
Euro Area 1.30 Jan/18
France 1.40 Jan/18
Germany 1.60 Jan/18
India 5.07 Jan/18
Indonesia 3.25 Jan/18
Italy 0.80 Jan/18
Japan 1.00 Dec/17
Mexico 5.55 Jan/18
Netherlands 1.50 Jan/18
Russia 2.20 Jan/18
South Korea 1.00 Jan/18
Spain 0.60 Jan/18
Switzerland 0.70 Jan/18
Turkey 10.35 Jan/18
United Kingdom 3.00 Jan/18
United States 2.10 Jan/18


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