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Germany consumer price index (CPI) and HICP inflation, monthly

German inflation measured both ways. The national consumer price index is the index German contracts and pensions are indexed to; the harmonised index is the one the ECB targets and the only one comparable across the euro area.

Source: Deutsche BundesbankLast updated: Sep 14, 2026, 11:12Curated by Bui Thanh PhucAbout this data ↓

Indicator08-202607-202606-202605-202604-202603-202602-202601-202612-202511-202510-202509-202508-202507-202506-202505-202504-202503-202502-202501-202512-202411-202410-202409-202408-202407-202406-202405-202404-202403-202402-202401-202412-202311-202310-202309-202308-2023
National consumer price index (CPI)2
Unadjusted index2
Unadjusted figure Overall index5125.8125.6124.6125125.2124.5123.1122.8122.7122.7123122.6122.3122.2121.8121.8121.7121.2120.8120.3120.5119.9120.2119.7119.7119.8119.4119.3119.2118.6118.1117.6117.4117.3117.8117.8117.5
Unadjusted figure 01.1 Food136136.2136.1136.8138.1137.5137.4137.2135.9136.1136.1136.1135.9135.7135.5136.2136.5136.3135.9134.4134.8134.5134.3133.3132.6132.8132.9132.5132.8132.3132.7133.3132.2132.1131.3131.2130.7
Unadjusted figure 04.1 Actual housing rent112.4112.2112111.8111.6111.4111.2111110.8110.6110.4110.2110109.9109.7109.5109.3109108.8108.6108.4108.2108.1107.9107.7107.6107.4107.3107.1106.8106.7106.4106.1105.9105.8105.6105.5
Unadjusted figure Manufactured goods excluding energy121.1120.7120.7121120.5120.2119.4119.2119.4119.9120119.4118.7118.6118.8119118.8118.5117.6117.7118.6118.2117.9117.3116.4116.5116.9116.9117.1117116.4115.8116.2116.4116.2115.9115.3
Unadjusted figure Energy157.2154.6147.2151.7157.4154.1143.1142.8141.6143.2142.3142142.2142.8142.3142.3142.9143.7145.9145.3143.5143.3143.6143145.7147.8147.4149.1151.1147.8148.3147.6145.9148.8152154.7153.5
Unadjusted figure Services excluding actual housing rent (04.1), excluding inputed rentals for housing (04.2)127.9128.2127.2126.6126.1125.4124.6123.9124.3123.3124.5124123.9123.8122.7122.1122.1120.9120.1119.4119.4118.4119.5119.1119.5119.4118117.3116.4116114.7113.7113.6112.8113.9113.8114.1
Unadjusted, Overall index2.92.82.32.62.92.71.92.11.82.32.32.42.2222.12.12.22.32.32.62.221.61.92.32.22.42.22.22.52.93.73.23.84.56.1
Seasonally adjusted index1
Overall index7125.8125.3124.5124.8124.9124.4123.4123.3123123122.8122.5122.2122121.7121.5121.5121.2121120.8120.7120.2120.1119.6119.6119.5119.3119.1118.9118.6118.3118117.6117.6117.6117.7117.4
01.1 Food136.7136.5136.3136.5137.3136.8136.4137136.3136.5136.6136.6136.6136135.7135.8135.7135.6134.9134.2135.2135134.8133.8133.2133.1133.1132.1132131.7131.7133.1132.6132.6131.8131.7131.3
04.1 Actual housing rent112.4112.2112111.7111.5111.4111.2111110.9110.7110.4110.2110109.9109.7109.4109.2109108.8108.6108.5108.3108.1107.9107.7107.6107.4107.2107106.8106.7106.4106.2106105.8105.6105.5
Manufactured goods excluding energy121.6121.1120.7120.7120.1120119.8119.7119.5119.5119.6119.3119.2119118.7118.7118.4118.3118118.2118.7117.8117.5117.2116.9116.9116.8116.6116.7116.8116.8116.3116.3116.1115.8115.8115.8
Energy157.2154.6147.2151.7157.4154.1143.1142.8141.6143.2142.3142142.2142.8142.3142.3142.9143.7145.9145.3143.5143.3143.6143145.7147.8147.4149.1151.1147.8148.3147.6145.9148.8152154.7153.5
Services excluding actual housing rent (04.1), excluding inputed rentals for housing (04.2)127126.9126.7126.4126.1125.6125.3125.1124.8124.4124.2123.6123122.5122.2121.8122121.1120.7120.4119.9119.5119.2118.7118.5118.1117.5117.1116.3116.3115.3114.7114113.9113.7113.5113.2
Services121.5121.3121.2120.9120.7120.3120.1119.9119.6119.3119.1118.7118.2117.9117.6117.3117.3116.7116.3116.1115.7115.4115.1114.8114.6114.2113.8113.5112.9112.8112.1111.6111.1110.9110.8110.6110.3
All-items excluding energy1123.3122.9122.7122.6122.3122.1121.8121.7121.5121.3121.2120.9120.6120.3120119.9119.8119.4119118.9118.9118.4118.2117.8117.5117.3117116.7116.4116.3115.9115.7115.3115.2114.9114.8114.5
All-items excluding energy and 01.1 food products121.5121.2121120.9120.4120.2119.9119.8119.6119.4119.3118.9118.6118.3118.1117.9117.7117.3117116.8116.9116.3116115.7115.5115.2115114.7114.4114.3113.9113.5113.1112.9112.8112.7112.4
Harmonised index of consumer prices (HICP)3
Annual rate of change1
Overall index52.92.82.42.72.92.822.122.52.32.321.922.12.22.32.62.82.82.42.41.92.12.62.62.82.42.42.733.72.32.94.36.4
Food incl. alcohol and tobacco0.91.31.41.52.22.12.12.91.82.12.12.93.12.82.73.43.13.32.91.93.233.32.52.52.42.32.12.31.535.15.86.67.18.29.3
Industrial goods excluding energy21.51.11.210.90.90.60.20.91.21.21.31.30.910.80.90.71.21.310.80.80.71.111.31.72.12.72.83.33.64.14.85.4
Energy9.47.32.75.58.96.3-2.2-1.9-1.3-0.1-0.9-0.7-2.3-3.4-3.4-4.5-5.3-2.6-1.3-1.3-1.5-3.6-5.4-7.5-5.1-1.9-2.2-1.3-1.4-2.9-2.6-33.1-7.3-6-0.85.3
Services12.93.33.33.433.53.53.53.94.33.73.4333.63.84.54.14.75.14.74.54.84.44.44.54.64.83.643.83.83.43.54.24.76.7
Actual rental payments made for housing2.12.12.12.12.22.22.22.22.22.12.12.12.12.12.122222.12.22.12.12.12.22.12.22.22.12.12.12222.12.1
All-items excluding energy12.32.42.32.42.32.42.42.52.42.82.62.62.52.42.62.83.12.93.13.33.33.13.332.93.13.13.22.82.93.33.73.84.14.75.46.8
All-items excluding energy and unprocessed food12.32.42.32.32.22.42.42.42.42.92.72.72.52.52.72.932.93.13.53.43.13.3333.13.13.32.93.33.53.63.744.85.46.8
All-items excluding energy and food2.62.62.52.62.32.52.52.42.532.72.62.42.32.62.73.12.83.13.63.43.13.33.133.23.33.42.93.33.43.43.43.54.24.86.2
Unadjusted index1
Overall index5103.36103.2102.32102.54102.66102.1100.94100.56100.67100.56100.95100.65100.42100.3599.9799.8899.899.3298.9598.4798.6698.0698.6898.3498.4298.5298.0397.8397.6297.0496.4295.895.9495.7596.496.5496.4
Food incl. alcohol and tobacco101.22101.3101.2101.69102.23101.77101.53101.4100.56100.6100.48100.51100.3100.0199.78100.14100.0399.6999.498.5198.7798.5798.4397.6597.2597.2797.1696.879796.4796.5696.6395.7295.7495.2795.2494.86
Industrial goods excluding energy101.64101.2101.01101.36101.08100.83100.1199.88100.26100.67100.78100.3599.6599.7199.89100.14100.0899.9699.2499.29100.0799.7599.699.1798.3698.4498.9999.1399.2999.1198.5998.198.898.898.7998.4297.72
Energy108.74107.12102.11105.06108.88106.7599.7999.6798.92100.0599.4699.2299.4399.899.4799.5499.97100.47102.08101.6100.24100.15100.3499.94101.81103.26102.99104.23105.56103.16103.4102.96101.75103.89106.05108.04107.25
Services1104.06104.27103.51103.04102.55102.08101.44100.84101.29100.57101.51101.14101.12100.95100.1899.799.5298.5998.0397.3997.596.4797.9197.7898.1798.0396.7496.0895.2294.7593.6792.6993.1692.3393.4693.6294
Actual rental payments made for housing102.29102.03101.88101.7101.5101.37101.17100.96100.78100.57100.42100.28100.1599.9599.8399.6299.3299.1698.9898.7598.6398.598.3398.1898.0597.8997.7597.6297.3997.297.0196.6996.5496.4396.2996.18
All-items excluding energy1102.82102.8102.34102.28102.04101.64101.05100.64100.84100.61101.1100.78100.52100.4100.0299.9199.7899.2198.6598.1798.5197.8598.5298.1998.0798.0397.5197.1596.7896.3995.6895.0495.3394.9195.495.3695.28
All-items excluding energy and unprocessed food1102.88102.85102.36102.21101.85101.49100.86100.49100.82100.65101.19100.87100.59100.47100.0699.999.6799.1298.5398.1498.4997.8298.5498.2398.1498.0597.4797.1296.7396.3795.5894.8595.2494.8495.4395.3795.31
All-items excluding energy and food103.16103.13102.58102.41102101.61100.94100.48100.91100.61101.23100.85100.57100.49100.0799.8699.7399.198.4898.198.4697.6998.5498.398.2598.1997.5897.2196.7396.3795.4994.6995.2494.7295.4395.3995.38
Seasonally adjusted index1
Overall index, Adjusted to the annual averages of the calendar-adjusted5103.2102.9102.2102.4102.6102.2101.3101.1100.8100.9100.7100.5100.210099.899.799.799.499.399.198.898.598.498989897.897.797.597.29796.696.196.296.196.295.9
Food incl. alcohol and tobacco, Adjusted to the annual averages of the unadjusted101.6101.6101.3101.5101.7101.5101.1101.1100.6100.9100.8100.9100.7100.399.810099.599.49998.298.898.898.89897.697.597.296.796.596.296.196.395.895.995.695.695.2
Industrial goods excluding energy, Adjusted to the annual averages of the unadjusted102.1101.7101101.1100.8100.7100.5100.4100.1100.3100.5100.2100.1100.199.899.999.899.899.699.899.899.399.29998.898.998.998.89998.999.198.798.698.498.498.298.2
Energy, Without adjustment to the annual averages of the calendar-adjusted108.7107.1102.1105.1108.9106.799.899.798.910099.599.299.499.899.599.5100100.5102.1101.6100.2100.1100.399.9101.8103.3103104.2105.6103.2103.4103101.7103.9106.1108107.2
Services, Adjusted to the annual averages of the calendar-adjusted1103.3103.3103.2103102.8102.4102.1101.8101.5101.3101.1100.7100.299.999.899.699.798.998.798.497.997.597.497.196.896.596.29695.395.394.794.293.593.59392.992.5
Actual rental payments made for housing, Without adjustment to the annual averages of the calendar-adjusted102.5102.3102101.8101.6101.5101.4101.2101100.8100.6100.5100.3100.199.999.899.699.399.29998.898.798.598.498.29897.997.797.697.497.29796.896.696.596.396.2
All-items excluding energy, Adjusted to the annual averages of the calendar-adjusted1102.6102.5102.2102.2102101.7101.4101.3100.9100.9100.8100.6100.310099.899.899.799.39998.898.698.398.297.997.697.497.29796.696.696.39695.595.495.19594.7
All-items excluding energy and unprocessed food, Adjusted to the annual averages of the calendar-adjusted1102.6102.5102.2102.1101.9101.6101.3101.2100.9101100.9100.6100.210099.899.899.799.39998.998.698.398.297.897.697.497.29796.796.696.395.995.495.395.194.994.6
All-items excluding energy and food, Adjusted to the annual averages of the calendar-adjusted102.8102.7102.4102.3102101.7101.5101.3101101100.8100.5100.210099.899.799.799.399.198.998.698.298.197.897.697.497.297.196.796.796.395.995.495.39594.994.6

Latest reading

Unadjusted figure Overall index stood at 125.8 in Aug 2026. That is +0.2% from Jul 2026 and +2.9% from a year earlier. The series on this page is monthly and runs from Jun 1948 to Aug 2026. Source: Deutsche Bundesbank.

Latest
125.8
Aug 2026
vs previous period
+0.2%
Jul 2026
vs a year earlier
+2.9%

About this data

German inflation measured both ways. The national consumer price index is the index German contracts and pensions are indexed to; the harmonised index is the one the ECB targets and the only one comparable across the euro area. They use different baskets and treat owner-occupied housing differently, so they do not have to agree - and the gap between them is itself worth reading. Both are shown unadjusted and seasonally adjusted, with core measures and annual rates.

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