The EU-harmonised annual inflation rate in Germany eased to 9.6 percent in December from 11.3 percent in November of 2022. It was the softest increase in consumer prices since August. Meanwhile, the average harmonised inflation rate in 2022 stood at 8.7 percent. source: Federal Statistical Office

Harmonised Inflation Rate YoY in Germany averaged 1.73 percent from 1996 until 2022, 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 2023.

Harmonised Inflation Rate YoY in Germany is expected to be 7.50 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 2.50 percent in 2024 and 2.10 percent in 2025, according to our econometric models.

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Germany Harmonised Inflation Rate YoY

Calendar GMT Actual Previous Consensus TEForecast
2023-01-03 01:00 PM Harmonised Inflation Rate YoY Prel Dec 9.6% 11.3% 10.7% 10.6%
2023-01-17 07:00 AM Harmonised Inflation Rate YoY Final Dec 9.6% 11.3% 9.6% 9.6%
2023-01-31 01:00 PM Harmonised Inflation Rate YoY Prel Jan 9.6% 8.0%

Related Last Previous Unit Reference
Inflation Rate 8.60 10.00 percent Dec 2022
Harmonised Consumer Prices 122.00 123.50 points Dec 2022
Harmonised Inflation Rate MoM -1.20 0.00 percent Dec 2022

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
9.60 11.30 11.60 -0.70 1996 - 2022 percent Monthly