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

German consumer price inflation rose to 1.6 percent year-on-year in March 2018 from a 15-month low of 1.4 percent in the previous month and matching the preliminary estimate. Cost increased at a faster pace for services, energy and food. On a monthly basis, the consumer price index went up by 0.4 percent, following a 0.5 percent gain in February. 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 Inflation Rate Confirmed at 1.6% in March


German consumer price inflation rose to 1.6 percent year-on-year in March 2018 from a 15-month low of 1.4 percent in the previous month and matching the preliminary estimate. Cost increased at a faster pace for services, energy and food.

In March, prices of goods rose by 1.4 percent year-on-year, compared to 1 percent in the preceding month, as prices went up more than in a month earlier for energy and food. Prices also increased for newspapers and periodicals (4.8 percent) and tobacco products (4.5 percent) and beer (3.5 percent). Meantime, cost fell for consumer electronics (-3.9 percent) and information processing equipment (-3.5 percent).

Energy prices were up 0.5 percent, after a 0.1 percent rise in a month earlier. Prices increased mainly for: heating oil (5.4 percent); electricity (1.5 percent) and charges for central and district heating (0.8 percent). In contrast, consumers paid less for: solid fuels (-1.6 percent); gas (-1.4 percent) and  motor fuels (-0.7 percent).

Cost of food rose by 2.8 percent (from 1.1 percent in February). Price increases were observed for: edible fats and oils (14.9 percent); dairy products (10.4 percent and fruit (7.4 percent). On the other hand, vegetable prices fell by 6.6 percent.

Cost of services rose 1.8 percent (from 1.6 percent in a month earlier), with prices rising for: net rents exclusive of heating expenses (1.6 percent); maintenance and repair of vehicles (3.2 percent); package holidays (3.2 percent) and catering services (2.2 percent). Meantime, consumers paid less for  telecommunication services (-0.7 percent).

On a monthly basis, the consumer price index went up by 0.4 percent, following a 0.5 percent gain in February. Prices advanced for: clothing (5.8 percent) and footwear (4.4 percent); package holidays (2 percent) and air tickets (1.5 percent). Also, prices increased for food (0.2 percent), especially for edible fats and oils (4.9 percent, including butter: 8.1 percent), fish and fish products (1.1 percent), while prices of vegetables went down slightly (–0.5 percent, including tomatoes: –1.6 percent; butterhead lettuce or iceberg salad: –0.8 percent). On the other hand, cost of energy fell by 0.6 percent, particularly for motor fuel prices (–2.1 percent, including supergrade petrol: –2.4 percent, diesel fuel: –1.3 percent).

The harmonised index of consumer prices rose by 1.5 percent from the previous year and by 0.4 percent month-over-month.


Destatis l Rida Husna | rida@tradingeconomics.com
4/13/2018 6:55:31 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-03-14 07:00 AM Inflation Rate YoY Final 1.4% 1.6% 1.4% 1.4%
2018-03-29 12:00 PM Inflation Rate YoY Prel 1.6% 1.4% 1.7% 1.6%
2018-04-13 06:00 AM Inflation Rate YoY Final 1.6% 1.4% 1.6% 1.6%
2018-04-30 12:00 PM Inflation Rate YoY Prel 1.6% 1.5%
2018-05-16 06:00 AM Inflation Rate YoY Final 1.6%
2018-05-30 12:00 PM Inflation Rate YoY Prel 1.5%


Germany Prices Last Previous Highest Lowest Unit
Inflation Rate 1.60 1.40 11.54 -7.62 percent [+]
Inflation Rate Mom 0.40 0.50 2.65 -2.73 percent [+]
Consumer Price Index CPI 110.70 110.30 110.70 20.50 Index Points [+]
Harmonised Consumer Prices 103.30 102.90 103.40 75.50 Index Points [+]
Core Consumer Prices 110.40 109.80 110.40 69.80 Index Points [+]
Core Inflation Rate 1.60 1.57 6.29 0.19 percent [+]
Producer Prices 106.30 106.20 107.70 26.50 Index Points [+]
Producer Prices Change 1.90 1.80 22.41 -7.79 percent [+]
Export Prices 106.50 106.50 106.50 38.00 Index Points [+]
Import Prices 102.30 102.90 110.00 41.10 Index Points [+]
Food Inflation 2.80 1.10 8.22 -3.09 percent [+]
CPI Housing Utilities 110.80 110.70 110.80 57.60 Index Points [+]
CPI Transportation 108.50 108.90 109.50 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.40 11.54 -7.62 1950 - 2018 percent Monthly




inflation rate by Country
Country Last
Australia 1.90 Dec/17
Brazil 2.68 Mar/18
Canada 2.30 Mar/18
China 2.10 Mar/18
Euro Area 1.30 Mar/18
France 1.60 Mar/18
Germany 1.60 Mar/18
India 4.28 Mar/18
Indonesia 3.40 Mar/18
Italy 0.80 Mar/18
Japan 1.10 Mar/18
Mexico 5.04 Mar/18
Netherlands 1.00 Mar/18
Russia 2.40 Mar/18
South Korea 1.30 Mar/18
Spain 1.20 Mar/18
Switzerland 0.80 Mar/18
Turkey 10.23 Mar/18
United Kingdom 2.50 Mar/18
United States 2.40 Mar/18


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