Germany consumer price index (CPI), unadjusted
Germany consumer price index (CPI), unadjusted stood at 126.6 in Sep 2026, according to Deutsche Bundesbank. It is one of the indicators in the Consumer prices (CPI and HICP) table (Value · Monthly), with a complete series running from Jun 1948 to Sep 2026. The complete series with an interactive chart, free to download.
This indicator in the Consumer prices (CPI and HICP) table
| Indicator | 09-2026 | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unadjusted figure Overall index5 | 126.6 | 125.8 | 125.6 | 124.6 | 125 | 125.2 | 124.5 | 123.1 | 122.8 | 122.7 | |
| Unadjusted figure 01.1 Food | 136.6 | 136 | 136.2 | 136.1 | 136.8 | 138.1 | 137.5 | 137.4 | 137.2 | 135.9 | |
| Unadjusted figure 04.1 Actual housing rent | 112.6 | 112.4 | 112.2 | 112 | 111.8 | 111.6 | 111.4 | 111.2 | 111 | 110.8 |
Understanding germany consumer price index (CPI), unadjusted
Measuring the out-of-pocket expenses incurred by private households across the country, this national overall index aggregates the cost of a predetermined basket of goods and services. It serves as the baseline measure of price development before any statistical filtering is applied. Unlike its seasonally adjusted counterparts or narrower sub-components, this top-level series retains the full impact of short-term weather events, holiday-driven demand spikes, and regular administrative fee changes. The calculation relies on a fixed basket reflecting typical expenditure patterns, capturing everything from daily groceries and housing to transportation and recreation.
Since this series retains all raw calendar effects, month-on-month comparisons often reflect normal seasonal patterns rather than underlying price momentum. Analysts typically rely on year-on-year changes to assess the true direction of prices using this unadjusted measure. The designated base year anchors the index, meaning readings above the baseline indicate an aggregate price increase since that reference period. Periodic rebasing exercises update the expenditure weights to match shifting consumption habits, which can introduce breaks in the historical time series and prompt revisions to previously published figures.
Frequently asked questions
- Does the unadjusted overall index account for changing consumption patterns over time?
- The basket weights are updated during periodic rebasing cycles, though between these updates, the quantities of items tracked remain fixed.
- Why might this measure diverge from the harmonised indices?
- The national measure employs a slightly different treatment for owner-occupied housing and certain health expenditures compared to the standardized European methodology.
- Is it appropriate to compare consecutive months using this series?
- Sequential monthly comparisons can be misleading due to recurring seasonal factors, making year-on-year calculations the preferred method for gauging true price changes.