Germany Inflation Rate  1950-2017 | Data | Chart | Calendar | Forecast

German consumer prices rose by 1.8 percent year-on-year in September 2017, the same pace as in August and in line with the preliminary estimate. Service price inflation was unchanged from the previous month while cost of energy and food rose at a faster pace. On a monthly basis, consumer prices increased by 0.1 percent, also in line with the flash estimate and following a 0.1 percent rise in August. Inflation Rate in Germany averaged 2.40 percent from 1950 until 2017, 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 September Inflation Rate Confirmed at 1.8%


German consumer prices rose by 1.8 percent year-on-year in September 2017, the same pace as in August and in line with the preliminary estimate. Service price inflation was unchanged from the previous month while cost of energy and food rose at a faster pace.

Year-on-year, cost of services went up 1.6 percent from a year ago, the same as in August. Prices rose mainly for: Net rents exclusive of heating expenses (1.7 percent); maintenance and repair of vehicles (3.5 percent); and catering services (2.5 percent). However, consumers paid less for services of social facilities (-7.3 percent) and for telecommunication services (-0.7 percent).

Prices of goods rose 2.2 percent, faster than a 2.0 percent rise in August, as prices of both energy and food increased more than in a month earlier. Prices also increased for newspapers and periodicals (5.2 percent) and tobacco products (4.3 percent).

Energy prices were up 2.7 percent, following a 2.3 percent rise in a month earlier. Prices increased for: Mineral oil products (6.2 percent), of which heating oil (12.9 percent) and motor fuels (4.5 percent); and electricity (2.0 percent). In contrast, gas prices were down by 2.5 percent. 

Food and non-alcoholic beverages prices rose 3.2 percent, following a 2.8 percent increase in the prior month. Prices went up for: edible fats and oils (34.2 percent), in particular butter (70.4 percent); dairy products (15.0 percent); fish and fish products (3.4 percent); and meat and meat products (2.6 percent). Only the prices of vegetables were down (-4.4 percent).

On a monthly basis, consumer prices increased by 0.1 percent, also in line with the flash estimate and following a 0.1 percent rise in August. Considerable month-on-month price increases were recorded for clothing (6.2 percent) and footwear (4.3 percent), due to the changeover to the autumn/winter collection. Also, energy prices increased by 1.2 percent, especially for mineral oil products (2.7 percent) and food prices increased 0.6 percent. Due to the end of the summer holidays in September, considerable month-on-month price decreases were recorded for package holidays (-11.6 percent) and air tickets (6.5 percent).

The harmonised index of consumer prices rose 1.8 percent from the previous year, the same as in a month earlier and matching the preliminary estimate. Compared to a month earlier, the index rose 0.1 percent.

Destatis l Rida Husna | rida@tradingeconomics.com
10/13/2017 10:38:52 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-09-13 06:00 AM Inflation Rate YoY Final 1.8% 1.7% 1.8% 1.8%
2017-09-28 12:00 PM Inflation Rate YoY Prel 1.8% 1.8% 1.8% 1.9%
2017-10-13 06:00 AM Inflation Rate YoY Final 1.8% 1.8% 1.8% 1.8%
2017-10-30 12:00 PM Inflation Rate YoY Prel 1.8% 1.80%
2017-11-14 07:00 AM Inflation Rate YoY Final 1.8%
2017-11-29 01:00 PM Inflation Rate YoY Prel 1.80%


Germany Prices Last Previous Highest Lowest Unit
Inflation Rate 1.80 1.80 11.54 -7.62 percent [+]
Inflation Rate Mom 0.10 0.10 2.65 -2.73 percent [+]
Consumer Price Index CPI 109.60 109.50 109.60 20.50 Index Points [+]
Harmonised Consumer Prices 102.40 102.40 102.40 75.50 Index Points [+]
Core Consumer Prices 109.50 109.60 109.60 69.80 Index Points [+]
Core Inflation Rate 1.48 1.58 6.29 0.19 percent [+]
Producer Prices 105.20 104.90 107.70 26.50 Index Points [+]
Producer Prices Change 3.10 2.60 22.41 -7.79 percent [+]
Export Prices 105.60 105.70 106.20 38.00 Index Points [+]
Import Prices 99.80 99.80 110.00 41.10 Index Points [+]
Food Inflation 3.20 2.80 8.22 -3.09 percent [+]
CPI Housing Utilities 109.80 109.60 109.80 57.60 Index Points [+]
CPI Transportation 107.90 107.50 109.50 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.80 1.80 11.54 -7.62 1950 - 2017 percent Monthly




inflation rate by Country

Last
Australia 1.90 Jun/17
Brazil 2.54 Sep/17
Canada 1.40 Aug/17
China 1.60 Sep/17
Euro Area 1.50 Sep/17
France 1.00 Sep/17
Germany 1.80 Sep/17
India 3.28 Sep/17
Indonesia 3.72 Sep/17
Italy 1.10 Sep/17
Japan 0.70 Aug/17
Mexico 6.35 Sep/17
Netherlands 1.50 Sep/17
Russia 3.00 Sep/17
South Korea 2.10 Sep/17
Spain 1.80 Sep/17
Switzerland 0.70 Sep/17
Turkey 11.20 Sep/17
United Kingdom 3.00 Sep/17
United States 2.20 Sep/17