Press release No. 190 of 28 May 2020
Consumer price index, May 2020:
+0.6% on the same month a year earlier (provisional)
-0.1% on the previous month (provisional)
Harmonised index of consumer prices, May 2020:
+0.5% on the same month a year earlier (provisional)
0.0% 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 +0.6% in May 2020. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to decline by 0.1% on April 2020.
| Overall index / subindex | Weight | February 2020 | March 2020 | April 2020 | May 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 | 1.7 | 1.4 | 0.9 | 0.6 |
| Goods | 468.16 | 1.8 | 1.3 | 0.3 | -0.4 |
| including: | |||||
| Energy 2 | 103.83 | 2.0 | -0.9 | -5.8 | -8.5 |
| Food | 84.87 | 3.3 | 3.7 | 4.8 | 4.5 |
| Services | 531.84 | 1.6 | 1.4 | 1.3 | 1.3 |
| including: | |||||
| Rents 3 | 207.26 | 1.4 | 1.5 | 1.4 | 1.4 |
Again, some prices could not be collected in the reference month of May 2020 due to the present coronavirus crisis. However, the number of prices obtained was up again from April 2020. So the quality of the provisional overall results is assured also for May 2020.
For more information on the consequences of the corona crisis for price collection please refer to our methodological paper.
The final results for May 2020 will be released on 16 June 2020.
