Brandenburg Gate in Berlin, Germany

Inflation in Germany

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

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