In August, consumer prices rose 0.3% over the previous month, according to a preliminary flash estimate released by the statistical institute on 29 August. The reading was a notch below the 0.4% increase observed in July. Annual headline inflation ended its downward trajectory in place since February and rose from 1.7% in July to 2.0%, which exceeded market expectations that had inflation edging up to 1.8%. According to the institute, annual inflation accelerated in August, as prices for fuel and heating oil rose notably. HICP inflation (based on the harmonized index of consumer prices) followed suit and jumped from 1.9% in July to 2.2%. Meanwhile, annual average HICP inflation remained stable at July's 2.4%. More detailed inflation data will be published on 12 August.
Inflation jumps on higher fuel prices
August 29, 2012
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.