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Germany Inflation Rate

Last Release
Aug 2021
Actual
3.9 %
Forecast
4 %
Previous
3.8 %
Frequency
Monthly
Units In
%
Next Release
Sep 30, 2021
Time to Release
8 Days 0 Hours
Highest
Lowest
Average
Date Range
Source
11.54 %
Oct 1951
-7.62 %
Jun 1950
2.34 %1950 - 2021Federal Statistical Office
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.

Latest Updates

The consumer price inflation rate in Germany was confirmed at 3.9% year-on-year in August 2021, the highest level since December 1993, due to further recovery in domestic demand and base effects from low prices in 2020, in particular the temporary lowering of VAT rates and the decline in the price of petroleum products. The introduction of CO2 pricing as of January 2021 and crisis-related effects, such as marked price increases at upstream stages in the economic process, are also weighing on the CPI. Goods prices rose by 5.6% (vs 5.4% in July), boosted by energy (12.6% vs 11.6%) and food cost (4.6% vs 4.3%). In addition, services inflation accelerated to 2.5% from 2.2%, on the back of net rents exclusive of heating expenses (1.4%), services of social facilities (5%), maintenance and repair of vehicles (5.1%) and for catering services in restaurants, cafes and the like (3.5%). On a monthly basis, consumer prices were unchanged.

Germany Inflation Rate History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Sep 10, 202106:18German Inflation Confirmed at Over 27-Year High
Aug 30, 202112:15German Inflation Rate Hits Fresh 27-Year High
Aug 11, 202106:16German Inflation Confirmed at Over 27-Year High
Jul 29, 202112:10German Inflation Rate Surges to Highest Since 1993
Jan 16, 202009:28German December Inflation Confirmed at 5-Month High
Dec 12, 201916:30German Inflation Rate Confirmed at 1-1/2-Year Low
Nov 28, 201913:18German Inflation Rate Unchanged at 1-1/2-Year Low
DATETIMEEVENTActual
Nov 28, 201913:00Inflation Rate YoY Prel1.1 %
Nov 13, 201907:00Inflation Rate YoY Final1.1 %
Oct 30, 201913:00Inflation Rate YoY Prel1.1 %
Oct 11, 201906:00Inflation Rate YoY Final1.2 %
Sep 30, 201912:00Inflation Rate YoY Prel1.2 %
Sep 12, 201906:00Inflation Rate YoY Final1.4 %
Aug 29, 201912:00Inflation Rate YoY Prel1.4 %

Germany prices Indicators

All Germany indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Core Inflation Rate
2.8
Aug 2021
2.7
Jul 2021
0.19
Dec 2010
6.29
May 1992
%Monthly1992 - 2021
Cpi Housing Utilities
108
Aug 2021
107.9
Jul 2021
57.6
Mar 1991
108.7
Sep 2014
pointsMonthly1991 - 2021
CPI Transportation
115
Aug 2021
114.4
Jul 2021
57.3
Feb 1991
115
Aug 2021
pointsMonthly1991 - 2021
Consumer Price Index CPI
110.1
Aug 2021
110.1
Jul 2021
20.5
Jul 1950
110.1
Jul 2021
pointsMonthly1950 - 2021
Core Consumer Prices
109.9
Aug 2021
109.9
Jul 2021
69.8
Jan 1991
109.9
Jul 2021
pointsMonthly1991 - 2021
Export Prices
107.7
Jul 2021
106.4
Jun 2021
36.2
Feb 1962
107.7
Jul 2021
pointsMonthly1962 - 2021

Inflation Rate across Europe

Inflation Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Albania
2.4
Aug 2021
2.2
Jul 2021
-2.11
Mar 2000
42.08
Dec 1997
%Monthly1995 - 2021
Armenia
8.8
Aug 2021
8.2
Jul 2021
-5.52
Mar 1999
22,887.4
Jun 1994
%Monthly1993 - 2021
Austria
3.2
Aug 2021
2.9
Jul 2021
-3
Mar 1959
10.2
Sep 1974
%Monthly1958 - 2021
Belarus
9.8
Aug 2021
9.8
Jul 2021
4.1
Jun 2018
2,795.63
Aug 1994
%Monthly1992 - 2021
Belgium
2.73
Aug 2021
2.27
Jul 2021
-18.11
Oct 1921
222.81
Jan 1947
%Monthly1921 - 2021
Bosnia and Herzegovina
1.9
Jul 2021
1.7
Jun 2021
-2.1
May 2020
9.9
Jul 2008
%Monthly2006 - 2021

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