The EU-harmonised inflation rate in Germany rose to 2.8% year-on-year in December 2024, up from 2.4% in each of the previous two months and confirming initial estimates and market forecasts. This also marked the highest level since May. On a monthly basis, harmonised consumer prices increased by 0.7% in December, rebounding from a 0.7% fall in November. source: Federal Statistical Office

Harmonised Inflation Rate YoY in Germany averaged 1.91 percent from 1996 until 2024, reaching an all time high of 11.60 percent in October of 2022 and a record low of -0.70 percent in July of 2009. This page includes a chart with historical data for Germany Harmonised Inflation Rate YoY. Germany Harmonised Inflation Rate YoY - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.

Harmonised Inflation Rate YoY in Germany is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Harmonised Inflation Rate YoY is projected to trend around 1.90 percent in 2026, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2025-01-06 01:00 PM Harmonised Inflation Rate YoY Prel Dec 2.8% 2.4% 2.6% 2.5%
2025-01-16 07:00 AM Harmonised Inflation Rate YoY Final Dec 2.8% 2.8% 2.8% 2.8%
2025-01-31 01:00 PM Harmonised Inflation Rate YoY Prel Jan 2.8% 2.9% 3.0%


Related Last Previous Unit Reference
CPI 120.50 119.90 points Dec 2024
Core Consumer Prices 115.10 116.00 points Dec 2024
Core Inflation Rate 3.10 3.00 percent Dec 2024
CPI Housing Utilities 116.40 116.30 points Dec 2024
CPI Transportation 125.60 123.80 points Dec 2024
Energy Inflation -1.60 -3.70 percent Dec 2024
Export Prices 115.20 114.80 points Nov 2024
Food Inflation 2.59 2.44 percent Dec 2024
Harmonised Consumer Prices 130.20 129.30 points Dec 2024
Harmonised Inflation Rate MoM 0.70 -0.70 percent Dec 2024
Harmonised Inflation Rate YoY 2.80 2.40 percent Dec 2024
Import Prices 113.50 112.50 points Nov 2024
Import Prices MoM 0.90 0.60 percent Nov 2024
Import Prices YoY 0.60 -0.80 percent Nov 2024
Inflation Rate YoY 2.60 2.20 percent Dec 2024
Inflation Rate MoM 0.50 -0.20 percent Dec 2024
PPI MoM -0.10 0.50 percent Dec 2024
Producer Prices 128.30 128.40 points Dec 2024
PPI YoY 0.80 0.10 percent Dec 2024
Rent Inflation 2.20 2.30 percent Dec 2024
Services Inflation 4.10 4.00 percent Dec 2024
Wholesale Prices 116.30 116.20 points Dec 2024
Wholesale Prices MoM 0.10 0.00 percent Dec 2024
Wholesale Prices YoY 0.10 -0.60 percent Dec 2024

Germany Harmonised Inflation Rate YoY
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.
Actual Previous Highest Lowest Dates Unit Frequency
2.80 2.40 11.60 -0.70 1996 - 2024 percent Monthly
NSA