Press release No. 092 of 1 March 2021
Consumer price index, February 2021:
+1.3% on the same month a year earlier (provisional)
+0.7% on the previous month (provisional)
Harmonised index of consumer prices, February 2021:
+1.6% on the same month a year earlier (provisional)
+0.6% 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 +1.3% in February 2021. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to increase by 0.7% on January 2021.
| Overall index / subindex | Weight | November 2020 | December 2020 | January 2021 | February 2021 1 |
|---|---|---|---|---|---|
| per thousand | percent | ||||
| 1: Provisional figure. 2: Household energy and motor fuels. 3: Net rents and other rents. | |||||
| Overall index | 1,000 | -0.3 | -0.3 | 1.0 | 1.3 |
| Goods | 468.16 | -1.8 | -1.8 | 0.6 | 1.0 |
| including: | |||||
| Energy 2 | 103.83 | -7.7 | -6.0 | -2.3 | 0.3 |
| Food | 84.87 | 1.4 | 0.5 | 2.2 | 1.4 |
| Services | 531.84 | 1.1 | 1.1 | 1.4 | 1.4 |
| including: | |||||
| Rents 3 | 207.26 | 1.3 | 1.3 | 1.3 | 1.3 |
The current corona crisis caused some price collection problems again in February 2021 as some products were not available in the market. For information on the consequences of the lockdown for price collection please refer to our methodological paper. The quality of the provisional overall results continues to be assured.
The consumer price index results are also available on the Corona statistics webpage of the Federal Statistical Office together with other indicators which can be used to assess the economic consequences of the coronavirus pandemic.
The final results for February 2021 will be released on 12 March 2021.
