Inflation in Germany
Germany - Inflation
Inflation moderates in May
Consumer prices contracted 0.2% in May, according to preliminary data released by the Federal Statistics Office (Destatis) on 30 May. The result came in below April’s flat reading.
The rise in inflation observed in recent months seems to be weakening. Inflation decreased from 2.0% in April to 1.5% in May, undershooting market expectations of a softer decline to 1.6%. Meanwhile, annual average inflation edged up from 1.1% in April to 1.2% in May.
Harmonized inflation also decelerated in May, falling to 1.4% from April’s 2.0%, while average HICP inflation rose to 1.1% from 1.0% in April.
The government expects inflation to be 1.8% in 2017. FocusEconomics panelists expect inflation to average 1.8% in 2017, which is up 0.1 percentage points from the previous month’s forecast. For 2018, panelists expect inflation to increase to 1.7%.
Germany - Inflation Data
|Inflation Rate (CPI, annual variation in %)||2.1||2.0||1.5||0.9||0.2|
5 years of economic forecasts for more than 30 economic indicators.
Germany Inflation Chart
Source: Federal Statistics Office and FocusEconomics calculations
|Bond Yield||0.50||-3.87 %||Jul 18|
|Exchange Rate||1.16||0.96 %||Jul 18|
|Stock Market||12,430||-1.25 %||Jul 18|
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June 26, 2017
German business confidence rose to 115.1 points in June, up from 114.6 in May, marking an all-time high and overshooting market expectations of a decline to 114.5 points. According to the institute, the increase reflected the fact that businesses became much more optimistic regarding both current business conditions and business conditions over the next six months.
June 23, 2017
The Markit Flash Composite Purchasing Managers’ Index (PMI) fell to 56.1 in June, down from 57.4 in May, which had marked the highest reading in over six years.
June 9, 2017
In April, the seasonally- and calendar-adjusted trade surplus was stable at March’s EUR 19.8.
June 8, 2017
Industrial production grew 0.8% in April, contrasting March’s 0.1% contraction.
May 30, 2017
Consumer prices contracted 0.2% in May, according to preliminary data released by the Federal Statistics Office (Destatis) on 30 May.