Press release No. 113 of 30 March 2020
Consumer price index, March 2020:
+1.4% on the same month a year earlier (provisional)
+0.1% on the previous month (provisional)
Harmonised index of consumer prices, March 2020:
+1.3% on the same month a year earlier (provisional)
+0.1% on the previous month (provisional)
WIESBADEN – The inflation rate in Germany, measured as the year-on-year change in the consumer price index, is expected to be 1.4% in March 2020. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to rise by 0.1% on February 2020.
| Overall index / subindex | Weight | December 2019 | January 2020 | February 2020 | March 2020 1 |
|---|---|---|---|---|---|
| in per mill | in percent | ||||
| 1: Provisional figure. 2: Household energy and motor fuels. 3: Net rents and other rents. | |||||
| Overall index | 1,000 | 1.5 | 1.7 | 1.7 | 1.4 |
| Goods | 468.16 | 1.2 | 2.0 | 1.8 | 1.3 |
| including: | |||||
| Energy 2 | 103.83 | -0.1 | 3.4 | 2.0 | -0.9 |
| Food | 84.87 | 2.1 | 2.3 | 3.3 | 3.7 |
| Services | 531.84 | 1.8 | 1.5 | 1.6 | 1.4 |
| including: | |||||
| Rents 3 | 207.26 | 1.4 | 1.4 | 1.4 | 1.5 |
Except for some regional bottlenecks, data collection for consumer price production was affected only marginally by the coronavirus pandemic in March 2020 as prices are generally collected over a minimum period of one week around mid-month. Therefore, data quality remains good. The final results for March 2020 will be released on 16 April 2020.
