The EU-harmonised annual inflation rate in Germany slowed to 2.3% in March 2024 from 2.7% in February, in line with preliminary estimates and market forecasts. This marked the lowest reading in four months. source: Federal Statistical Office

Harmonised Inflation Rate YoY in Germany averaged 1.90 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 April of 2024.

Harmonised Inflation Rate YoY in Germany is expected to be 2.90 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 2.10 percent in 2025 and 1.90 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-04-02 12:00 PM Harmonised Inflation Rate YoY Prel Mar 2.3% 2.7% 2.4% 2.5%
2024-04-12 06:00 AM Harmonised Inflation Rate YoY Final Mar 2.3% 2.7% 2.3% 2.3%
2024-04-29 12:00 PM Harmonised Inflation Rate YoY Prel Apr 2.3% 2.3% 2.3%


Related Last Previous Unit Reference
CPI 118.60 118.10 points Mar 2024
Core Consumer Prices 114.30 113.50 points Mar 2024
Core Inflation Rate 3.30 3.37 percent Mar 2024
CPI Housing Utilities 115.30 115.30 points Mar 2024
CPI Transportation 125.10 123.70 points Mar 2024
Energy Inflation -2.70 -2.37 percent Mar 2024
Export Prices 113.80 113.60 points Feb 2024
Food Inflation 0.15 1.62 percent Mar 2024
Harmonised Consumer Prices 128.00 127.20 points Mar 2024
Harmonised Inflation Rate MoM 0.60 0.60 percent Mar 2024
Harmonised Inflation Rate YoY 2.30 2.70 percent Mar 2024
Import Prices 111.50 111.70 points Feb 2024
Import Prices MoM -0.20 0.00 percent Feb 2024
Import Prices YoY -4.90 -5.90 percent Feb 2024
Inflation Rate YoY 2.20 2.50 percent Mar 2024
Inflation Rate MoM 0.40 0.40 percent Mar 2024
PPI MoM 0.20 -0.40 percent Mar 2024
Producer Prices 127.30 127.10 points Mar 2024
PPI YoY -2.90 -4.10 percent Mar 2024
Rent Inflation 2.20 2.20 percent Mar 2024
Services Inflation 3.68 3.43 percent Mar 2024
Wholesale Prices 131.20 130.90 points Mar 2024
Wholesale Prices MoM 0.20 -0.10 percent Mar 2024
Wholesale Prices YoY -3.00 -3.00 percent Mar 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
2.30 2.70 11.60 -0.70 1996 - 2024 percent Monthly
NSA