Inflation in Germany (CPI) Current and historic German inflation (consumer price index)
This page shows the current and historic inflation figures for Germany based on the consumer price index (CPI).
|
Month
|
Inflation rate
|
|---|---|
|
March 2024
|
2.15 %
|
|
February 2024
|
2.52 %
|
|
January 2024
|
2.89 %
|
|
December 2023
|
3.71 %
|
|
November 2023
|
3.17 %
|
|
October 2023
|
3.79 %
|
|
September 2023
|
4.53 %
|
|
August 2023
|
6.14 %
|
|
July 2023
|
6.16 %
|
|
June 2023
|
6.38 %
|
|
May 2023
|
6.10 %
|
|
April 2023
|
7.17 %
|
|
Month
|
Inflation rate
|
|---|---|
|
March 2024
|
0.42 %
|
|
February 2024
|
0.43 %
|
|
January 2024
|
0.17 %
|
|
December 2023
|
0.09 %
|
|
November 2023
|
-0.42 %
|
|
October 2023
|
0.00 %
|
|
September 2023
|
0.26 %
|
|
August 2023
|
0.34 %
|
|
July 2023
|
0.26 %
|
|
June 2023
|
0.26 %
|
|
May 2023
|
-0.09 %
|
|
April 2023
|
0.43 %
|
Chart - historical CPI inflation Germany
Historical Inflation ratesOur content is based on reliable sources. However, we do not accept liability for any errors. The content of this website is for informational purposes only and is not intended as financial advice. Decisions you make based on the information we display are always at your own expense and risk.
What is the German inflation based on CPI?
When we talk about the rate of inflation in Germany, this often refers to the rate of inflation based on the consumer price index, or CPI for short. The German CPI shows the change in prices of a standard package of goods and services which German households purchase for consumption.
In order to measure German inflation, an assessment is made of how much the German CPI has risen in percentage terms over a give period compared to the CPI in Germany in a preceding period. If prices have fallen this is called deflation (negative inflation).