Germany’s consumer prices rose 0.4% month-on-month in March 2024, confirming initial estimates and the same as in the previous period. Inflation Rate MoM in Germany averaged 0.21 percent from 1950 until 2024, reaching an all time high of 3.10 percent in October of 1951 and a record low of -2.73 percent in January of 1950. source: Federal Statistical Office

The Consumer Price Index in Germany increased 0.40 percent in March of 2024 over the previous month.

The Consumer Price Index in Germany increased 0.40 percent in March of 2024 over the previous month. Inflation Rate MoM in Germany is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Inflation Rate MoM is projected to trend around 0.50 percent in 2025 and 0.30 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-04-02 12:00 PM Inflation Rate MoM Prel Mar 0.4% 0.4% 0.6% 0.7%
2024-04-12 06:00 AM Inflation Rate MoM Final Mar 0.4% 0.4% 0.4% 0.4%
2024-04-29 12:00 PM Inflation Rate MoM Prel Apr 0.4% 0.5%


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
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
Import Prices 111.50 111.70 points 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
Wholesale Prices 131.20 130.90 points Mar 2024

Germany Inflation Rate MoM
In Germany, the most important categories in the consumer price index are Housing, water, electricity, gas & other fuels (32 percent of the total weight), Transport (13 percent), Recreation, entertainment & culture (11 percent) and Food & non-alcoholic beverages (10 percent). The index also includes Miscellaneous goods & services (7 percent), Furniture, lighting equipment, appliances & other household equipment (5 percent), Restaurant & accommodation services (5 percent), Health (5 percent) and Clothing & footwear (5 percent). The remaining 7 percent of the index is composed by Alcoholic beverages & tobacco, Communication and Education.
Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.40 3.10 -2.73 1950 - 2024 percent Monthly