In October, consumer prices remained unchanged over the previous month, according to a preliminary flash estimate released by the Federal Statistics Institute (Destatis). The monthly reading contrasted both the 0.1% increase observed in September and market expectations of a 0.1% increase. Annual inflation inched down from 2.6% in September to 2.5% in October. According to the Institute, inflation in October was driven by elevated energy prices. At the current level, inflation continues to linger above the European Central Bank's inflation target of ?below but close to 2%.? HICP inflation followed suit and dropped from 2.9% in September to 2.8% in October. A complete and more detailed inflation data set will be published on 10 November. The Bundesbank projects that inflation will average 2.5% this year, before moderating to 1.8% in 2012.
Inflation eases somewhat in October
October 27, 2011
Looking for forecasts related to Inflation in Germany? Download a sample report now.
Germany Economic News
October 24, 2016
The Markit Flash Composite Purchasing Managers’ Index (PMI) rose from 52.8 in September to 55.1 in October.
October 10, 2016
The seasonally- and calendar-adjusted trade surplus increased from EUR 19.4 billion in July to EUR 22.2 billion in August, driven up by recovering exports.
October 7, 2016
In August, industrial production rose 2.5% from the previous month in seasonally-adjusted terms, in contrast to July’s large 1.6% drop, which had been the lowest reading in nearly two years.
September 29, 2016
Consumer prices in September rose 0.1% in a month-on-month comparison, according to preliminary data released by the Federal Statistics Office (Destatis) on 29 September.
September 28, 2016
Heading into October, the mood among German consumers weakened slightly but still stayed at a high level.