Inflation in Germany
Germany - Inflation
Inflation edges up in August
Consumer prices in Germany increased 0.1% in August from the previous month, according to preliminary data released by the Federal Statistics Office (Destatis) on 30 August. The result came in below July’s 0.4% month-on-month increase.
Inflation rose from 1.7% in July to 1.8% in August, matching market expectations. Meanwhile, annual average inflation edged up from 1.4% in July to 1.5% in August, the highest mark since November 2013.
Harmonized inflation rose to 1.8% in August, up from 1.5% the previous month. As a result, average HICP rose to 1.5% from 1.3% in July.
The government expects inflation to be 1.8% in 2017. FocusEconomics panelists expect inflation to average 1.8% in 2017, which is unchanged from the previous month’s forecast. For 2018, panelists expect inflation to increase to 1.7%.
Germany - Inflation Data
|Inflation Rate (CPI, annual variation in %)||2.0||1.5||0.9||0.2||0.5|
5 years of economic forecasts for more than 30 economic indicators.
Germany Inflation Chart
Source: Federal Statistics Office and FocusEconomics calculations
|Bond Yield||0.45||2.75 %||Sep 21|
|Exchange Rate||1.19||-0.61 %||Sep 21|
|Stock Market||12,600||0.25 %||Sep 21|
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August 30, 2017
Consumer prices in Germany increased 0.1% in August from the previous month, according to preliminary data released by the Federal Statistics Office (Destatis) on 30 August.
August 28, 2017
Germans will head to the polls on 24 September to elect a new legislature after a campaign that has been described as predictable and lacking in-depth policy discussion on key issues.
August 25, 2017
The German economy continued to perform strongly in Q2, as confirmed by detailed data published by Destatis on 25 August.
August 25, 2017
German business confidence fell to 115.9 points in August, down from 116.0 in June, which had marled an all-time high and overshooting market expectations of a decline to 115.5 points.
August 23, 2017
The Markit Flash Composite Purchasing Managers’ Index (PMI) rose to 55.7 in August, up from 54.7 in July.