Cost of food in Germany increased 20.70 percent in December of 2022 over the same month in the previous year. source: Federal Statistical Office
Food Inflation in Germany averaged 1.95 percent from 1992 until 2022, reaching an all time high of 21.10 percent in November of 2022 and a record low of -3.10 percent in October of 2009. This page provides the latest reported value for - Germany Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Food Inflation - values, historical data and charts - was last updated on February of 2023.
Food Inflation in Germany is expected to be 18.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Food Inflation is projected to trend around 2.10 percent in 2024, according to our econometric models.