Brandenburg Gate in Berlin, Germany

Germany Inflation February 2022

Germany: Harmonized inflation rises in February

Harmonized consumer prices increased 0.89% month-on-month in February, inching down from January’s 0.90% increase. The reading was driven by softer price increases for food and non-alcoholic beverages, alcoholic beverages and tobacco, housing, water, electricity, gas and other fuels offsetting stronger price increases for transport.

Meanwhile, harmonized inflation rose to 5.5% in February from 5.2% in January, while annual average harmonized inflation rose to 3.8% in the same month from 3.5% in January.

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