Brandenburg Gate in Berlin, Germany

Germany Inflation October 2018

Germany: Inflation reaches over 10-year high in October

In October, consumer prices rose 0.2% over the prior month, down from September’s 0.4% increase. The result reflected higher prices for footwear; clothing; and energy, which offset lower prices for food.

Inflation picked up to 2.5% in October from 2.3% in September, marking the highest reading since September 2008. Meanwhile, annual average inflation inched up from 1.7% in September to 1.8% in October and harmonized inflation (HICP) edged up to 2.4% from 2.3% in September.

Germany Inflation Forecast

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