Germany Inflation April 2017


Germany: Inflation rises in April

April 27, 2017

Consumer prices in Germany remained unchanged over the previous month in April, according to preliminary data released by the Federal Statistics Office (Destatis) on 27 April. The result came in below March’s 0.2% uptick.

The rise in inflation observed in recent months resumed in April after a blip in March. Inflation increased from 1.6% in March to 2.0% in April, overshooting market expectations of a softer 1.9% reading. Meanwhile, annual average inflation edged up from 0.9% in March to 1.1% in April.

Harmonized inflation also accelerated in April, rising to 2.0% from March’s 1.5%, while average HICP inflation rose to 1.0% from 0.8% in March.

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%.

Author:, Economist

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Germany Inflation Chart

Germany Inflation April 2017

Note: Month-on-month and year-on-year changes of consumer price index in %.
Source: Federal Statistics Office (Destatis) and FocusEconomics calculations.

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