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

German consumer price inflation stood at 1.7 percent year-on-year in December 2017, unrevised from the preliminary estimate and compared to 1.8 percent in the previous month. Energy inflation eased while cost of food and services rose at a faster pace. Inflation Rate in Germany averaged 2.39 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
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.




German December Inflation Rate Confirmed at 1.7%


German consumer price inflation stood at 1.7 percent year-on-year in December 2017, unrevised from the preliminary estimate and compared to 1.8 percent in the previous month. Energy inflation eased while cost of food and services rose at a faster pace.

Year-on-year, prices of goods increased by 1.8 percent, slowing from a 2.1 percent rise in the preceding month, as energy prices went up at a softer pace while cost of food grew further. Prices also increased for newspapers and periodicals (5.1 percent), tobacco products (4.6 percent), and pharmaceuticals products (2.6 percent). Meanwhile, cost of consumer electronics fell 1.1 percent.

Energy prices were up 1.3 percent, compared to a 3.7 percent rise in a month earlier. Prices increased mainly for heating oil (4.0 percent) and electricity (2 percent), while consumers paid less for gas (-2.6 percent).

Food and non-alcoholic beverages prices went up by 2.9 percent, compared to a 2.8 percent increase in November. Price increases were observed for most food product groups, especially for edible fats and oils (16.6 percent), dairy products (10.1 percent) and fruit (7.6 percent). Vegetable prices were markedly down (-6.1 percent).

Services inflation edged up to 1.6 percent from 1.5 percent in November, mainly the result of the development of net rents exclusive of heating expenses (1.7 percent). Upward pressure also came from: package holidays (4.2 percent); maintenance and repair of vehicles (3.8 percent); and in-patient health services (3.5 percent). Meantime, consumers paid less for insurance services for transportation (-9 percent) and services of social facilities (-7.6 percent).

On a monthly basis, the consumer price index rose markedly by 0.6 percent in December, after a 0.3 percent gain in November. Prices rose for: package holidays (20.1 percent); air tickets (4.7 percent); rail fares (2.1 percent); and food (0.8 percent). By contrast, cost fell for energy (-0.1 percent), clothing (-2 percent) and footwear (-1 percent).

The harmonised index of consumer prices rose by 1.6 percent from the previous year and by 0.8 percent month-over-month.

Considering 2017, the inflation rate surged to 1.8 percent, compared to 0.5 percent in 2016
mostly boosted by a recovery in cost of energy (3.1 percent vs -5.4 percent in 2016). Also, food prices rose 3 percent (vs 0.8 percent in 2016) and services advanced 1.4 percent (vs 1.3 percent).



Destatis l Rida Husna |
1/16/2018 11:45:18 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-12-13 07:00 AM Inflation Rate YoY Final 1.8% 1.6% 1.8% 1.8%
2017-12-29 01:00 PM Inflation Rate YoY Prel 1.7% 1.8% 1.5% 1.5%
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 1.7% 1.7% 1.8%
2018-02-14 07:00 AM Inflation Rate YoY Final 1.7%
2018-02-27 01:00 PM Inflation Rate YoY Prel 1.70%


Germany Prices Last Previous Highest Lowest Unit
Inflation Rate 1.70 1.80 11.54 -7.62 percent [+]
Inflation Rate Mom 0.60 0.30 2.65 -2.73 percent [+]
Consumer Price Index CPI 110.60 109.90 110.60 20.50 Index Points [+]
Harmonised Consumer Prices 103.40 102.60 103.40 75.50 Index Points [+]
Core Consumer Prices 110.30 109.60 110.30 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 106.10 105.90 106.20 38.00 Index Points [+]
Import Prices 102.40 102.10 110.00 41.10 Index Points [+]
Food Inflation 2.90 2.80 8.22 -3.09 percent [+]
CPI Housing Utilities 110.40 110.30 110.40 57.60 Index Points [+]
CPI Transportation 108.60 108.40 109.50 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.70 1.80 11.54 -7.62 1950 - 2017 percent Monthly




inflation rate by Country
Country Last
Australia 1.80 Sep/17
Brazil 2.95 Dec/17
Canada 1.90 Dec/17
China 1.80 Dec/17
Euro Area 1.40 Dec/17
France 1.20 Dec/17
Germany 1.70 Dec/17
India 5.21 Dec/17
Indonesia 3.61 Dec/17
Italy 0.90 Dec/17
Japan 1.00 Dec/17
Mexico 6.77 Dec/17
Netherlands 1.30 Dec/17
Russia 2.50 Dec/17
South Korea 1.50 Dec/17
Spain 1.10 Dec/17
Switzerland 0.80 Dec/17
Turkey 11.92 Dec/17
United Kingdom 3.00 Dec/17
United States 2.10 Dec/17


Related

Latest