Germany Inflation
Harmonized inflation rises in June
Harmonized inflation came in at 6.8% in June, which was up from May’s 6.3%. Looking at the details of the release, prices transportation rebounded, while prices for food and non-alcoholic beverages rose at a more moderate pace in June.
Annual average harmonized inflation ticked down to 8.9% in June (May: 9.1%). Meanwhile, consumer price inflation rose to 6.4% in June, from May’s 6.1%.
Finally, harmonized consumer prices rose 0.40% in June over the previous month, swinging from May’s 0.16% fall.
Germany Inflation Chart
This chart displays Inflation (HICP, ann. var. %, aop) for Germany from 2013 to 2022.
Germany Inflation Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Inflation (HICP, ann. var. %, aop) | 1.9 | 1.4 | 0.4 | 3.2 | 8.7 |
| Inflation (HICP, ann. var. %, eop) | 1.7 | 1.5 | -0.7 | 5.7 | 9.6 |
| Inflation (PPI, ann. var. %, aop) | 2.6 | 1.1 | -1.0 | 10.5 | 32.9 |