Press Inflation rate expected for May 2021: +2.5%

Press release No. 255 of 31 May 2021

Consumer price index, May 2021:
+2.5% on the same month a year earlier (provisional)
+0.5% on the previous month (provisional)

Harmonised index of consumer prices, May 2021:
+2.4% on the same month a year earlier (provisional)
+0.3% 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 +2.5% in May 2021. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to increase by 0.5% on April 2021.

Year-on-year change in the consumer price index
regarding selected product groups
Overall index / subindexWeightFebruary
2021
March
2021
April
2021
May
2021 1
per thousand percent
1: Provisional figure.
2: Household energy and motor fuels.
3: Net rents and other rents.
Overall index1,0001.31.72.02.5
Goods468.161.01.92.63.1
including:
Energy 2103.830.34.87.910.0
Food84.871.41.61.91.5
Services531.841.41.61.62.2
including:
Rents 3207.261.31.31.31.3

The current coronavirus crisis caused some price collection problems again in May 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 remains unaffected.

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 May 2021 will be released on 15 June 2021.

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