Germany’s inflation rate fell 0.2% month-on-month in May 2026, following a 0.6% increase in the previous month, in line with preliminary estimates. Inflation Rate MoM in Germany averaged 0.21 percent from 1950 until 2026, reaching an all time high of 3.10 percent in October of 1951 and a record low of -2.73 percent in January of 1950. source: Federal Statistical Office

The Consumer Price Index in Germany decreased 0.20 percent in May of 2026 over the previous month.

The Consumer Price Index in Germany decreased 0.20 percent in May of 2026 over the previous month. Inflation Rate MoM in Germany is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Inflation Rate MoM is projected to trend around 0.30 percent in 2027 and 0.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-29 12:00 PM
Inflation Rate MoM Prel
May -0.2% 0.6% 0.1% 0.3%
2026-06-12 06:00 AM
Inflation Rate MoM Final
May -0.2% 0.6% -0.2% -0.2%
2026-06-30 12:00 PM
Inflation Rate MoM Prel
Jun -0.2% 0.1% 0.3%



Components Last Previous Unit Reference
PPI MoM 0.30 1.20 percent May 2026

Related Last Previous Unit Reference
CPI 125.00 125.20 points May 2026
Core Consumer Prices 121.00 120.60 points May 2026
Core Inflation Rate 2.50 2.30 percent May 2026
CPI Clothing and Footwear 112.30 112.70 points May 2026
CPI Education 124.40 124.40 points May 2026
CPI Food and Non-Alcoholic Beverages 137.50 138.60 points May 2026
CPI Housing Utilities 119.00 119.10 points May 2026
CPI Recreation, Entertainment and Culture 119.50 117.90 points May 2026
CPI Restaurant and Accommodation Services 135.80 135.10 points May 2026
CPI Transportation 135.00 137.40 points May 2026
Export Prices 118.90 117.90 points Apr 2026
Food Inflation 0.70 1.50 percent May 2026
Harmonised Consumer Prices 102.55 102.68 points May 2026
Import Prices 118.30 116.90 points Apr 2026
Inflation Rate YoY 2.60 2.90 percent May 2026
Inflation Rate MoM -0.20 0.60 percent May 2026
Producer Prices 128.80 128.40 points May 2026
PPI YoY 2.20 1.70 percent May 2026
Wholesale Prices 124.30 125.10 points May 2026


Germany Inflation Rate MoM
In Germany, the most important categories in the consumer price index are Housing, water, electricity, gas & other fuels (32 percent of the total weight), Transport (13 percent), Recreation, entertainment & culture (11 percent) and Food & non-alcoholic beverages (10 percent). The index also includes Miscellaneous goods & services (7 percent), Furniture, lighting equipment, appliances & other household equipment (5 percent), Restaurant & accommodation services (5 percent), Health (5 percent) and Clothing & footwear (5 percent). The remaining 7 percent of the index is composed by Alcoholic beverages & tobacco, Communication and Education.
Actual Previous Highest Lowest Dates Unit Frequency
-0.20 0.60 3.10 -2.73 1950 - 2026 percent Monthly