Press release No. 296 of 13 July 2022
Consumer price index, June 2022
+7.6% on the same month a year earlier (provisional result confirmed)
+0.1% on the previous month (provisional result confirmed)
Harmonised index of consumer prices, June 2022
+8.2% on the same month a year earlier (provisional result confirmed)
-0.1% on the previous month (provisional result confirmed)
WIESBADEN − The inflation rate in Germany, measured as the year-on-year change in the consumer price index, stood at +7.6% in June 2022. Although the rate of inflation was slightly down, it remained at a high level clearly above 7%. In May 2022, the inflation rate had been +7.9%. “The main reasons for the high inflation still are price rises for energy products. The 9-euro ticket and the fuel discount had a slight downward effect on the overall inflation rate in June 2022”, said Dr. Georg Thiel, President of the Federal Statistical Office. The Federal Statistical Office (Destatis) also reports that consumer prices in June 2022 were up 0.1% on May 2022.
Relief measures have only slight downward effect on the increase in prices caused by the situation of war and crisis
The introduction of the 9-euro ticket, which took effect on 1 June 2022 and is limited to three months, had a downward effect on prices in public regional and short-distance passenger transport. Also, the reduction of the mineral-oil tax (fuel discount) reduced motor fuel prices. The year-on-year increase in transport prices (+8.3%) eased as a result. In May 2022, the rate of price increase had been +16.3%. Due to the fluctuating crude oil prices, the impact of the fuel discount on the inflation rate cannot be assessed accurately. If prices of motor fuels and public passenger transport had remained unchanged in June 2022 on May 2022 – without relief measures –, the overall consumer price index would have increased (arithmetically) by 8.6% on June 2021.
The increase in prices of all energy products caused by the situation of war and crisis is however still a major factor determining the inflation rate. Additional factors are still delivery bottlenecks due to interruptions in supply chains, also caused by the Covid-19 pandemic, and marked price increases at upstream stages in the economic process. This led to price rises not only for energy products, but also for other goods and services, especially many food products again.
Energy product prices up 38.0% year on year, motor fuel prices up 33.2% despite fuel discount
Energy product prices in June 2022 were by 38.0% higher than in the same month a year earlier, following a +38.3% increase in May 2022. When the reduction of the mineral-oil tax took effect in June 2022, the increase in motor fuel prices slowed. The relevant price increase was +33.2% in June 2022, after +41.0% in May 2022. The increase in household energy prices accelerated again in June 2022, reaching +40.7% (May 2022: +36.8%). Especially the prices of heating oil more than doubled (+108.5%). The other energy products, too, such as natural gas (+60.7%), solid fuels(+36.5%) and electricity (+22.0%) were markedly more expensive than a year earlier. The increase in energy product prices thus was markedly higher than the overall inflation rate despite the relief measures because it is influenced by several factors (international purchase prices, CO2 charge, EEG surcharge, etc.).
12.7% increase in food prices year on year
Food prices rose by 12.7% for households in June 2022 year on year. The price increase thus accelerated again (May: +11.1%, April 2022: +8.6%). Price rises were recorded for all food groups in June 2022. Prices of edible fats and oils rose substantially (+43.1%). Two-digit rates of price increase were also observed for meat and meat products (+18.9%), dairy products and eggs (+15.3%) as well as bread and cereals (+12.5%).
Prices of goods up 14.0% on June 2021
Prices of goods (total), which also include energy products and food, rose considerably in June 2022 year on year (+14.0%, of which non-durable consumer goods: +18.6%; durable consumer goods: +5.5%).
Inflation rate excluding energy and food at +3.2%
Excluding energy prices, the inflation rate stood at +4.2% in June 2022. To what extent food prices currently affect the overall rate of price increase is shown by the inflation rate when energy and food are excluded. It stood at +3.2%, which is not even half the overall inflation rate.
Service prices rose by just 2.1% year on year, downward effect of the 9-euro ticket
The prices of services (total) were up 2.1% in June 2022 on the same month of the previous year. In May 2022, the rate of price increase had been +2.9%. A major reason for the slower price increase was the introduction of the 9-euro ticket in June 2022. It led to marked price reductions in public passenger transport. Prices of short-distance rail tickets were down 43.9% year on year. The price of purchasing a combined ticket for rail, bus and the like decreased by 62.6% on a federal average. Also, services of social facilities (-2.7%) and telecommunications services (-0.9%) were down year on year, as had been the case in the previous months. Net rents exclusive of heating expenses were up 1.7%. The prices of some services went up considerably, including the maintenance and repair of dwellings and residential buildings (+12.4%) and of vehicles (+6.4%).
Marked month-on-month decrease in transport prices, but rising prices of food and household energy
Compared with May 2022, the consumer price index rose just slightly by 0.1% in June 2022. Especially prices of package holidays went up (+16.5%). Food prices (total) were up again on the previous month (+1.0%). In addition to many price increases, seasonal price decreases for vegetables (-3.8%) were observed here. Energy prices (total) rose 0.6%, with motor fuel prices falling by 3.9%. Households with petrol cars (-5.0%) benefited more from price decreases related to the fuel discount than did households with diesel cars (-0.9%). Prices eased on May 2022 especially in public passenger transport. Prices of transport association tickets were markedly down (-63.3%) and prices of short-distance rail tickets fell by 45.1% as a result of the temporary introduction of the 9-euro ticket.
Methodological notes:
In view of the high prices, the Federal Government adopted a second relief package. It comprises various measures such as a public passenger transport ticket at a price of 9 euros per month (9-euro ticket) available from June to August 2022 and the reduction of the mineral oil tax on motor fuels (fuel discount). Both measures are reflected in the index of consumer price statistics.
In June 2022, the measures taken to contain the Covid-19 pandemic did not lead to any relevant non-response in monthly price collection that would have impaired the quality of the results, see methodological paper. The Covid-19 pandemic and its consequences for public life however require a changed approach to the annual updating of the product weights used in the harmonised index of consumer prices (HICP). Another methodological paper which discusses this issue is provided on the website of the Federal Statistical Office. The updating of the HICP product weights explains a considerable part of the difference between the CPI and the HICP for Germany.
Inflation Calculator informs about personal rate of inflation:
Consumers can use the Personal Inflation Calculator of the Federal Statistical Office to adapt their monthly consumption expenditure on individual product groups according to their own consumption patterns and to calculate their personal inflation rate.
| Overall index / subindex | Weighting | Index 2015=100 | Change on the same period a year earlier | Change on the preceding month |
|---|---|---|---|---|
| in per mill | in per cent | |||
| 1: Results do not include charges. | ||||
| Overall index | 1,000.00 | 117.4 | 7.6 | 0.1 |
| Food and non-alcoholic-beverages | 96.85 | 126.5 | 11.9 | 1.0 |
| Food | 84.87 | 128.1 | 12.7 | 1.0 |
| Meat and meat products | 18.60 | 138.7 | 18.9 | 1.6 |
| Fruit | 8.88 | 120.3 | 2.5 | 0.8 |
| Vegetables | 11.08 | 122.0 | 7.6 | -3.8 |
| Alcoholic beverages and tobacco | 37.77 | 122.4 | 4.5 | 0.8 |
| Clothing and footwear | 45.34 | 106.3 | 1.1 | -1.5 |
| Housing, water, electricity, gas and other fuels | 324.70 | 118.5 | 10.1 | 0.9 |
| Net rent exclusive of heating expenses | 196.32 | 110.3 | 1.7 | 0.1 |
| Household energy | 68.82 | 145.6 | 40.7 | 3.3 |
| Electricity | 25.92 | 135.7 | 22.0 | 0.5 |
| Gas 1 | 13.53 | 159.7 | 60.7 | 3.6 |
| Heating oil 1 | 7.01 | 243.1 | 108.5 | 10.6 |
| Furniture, lighting equipment, appliances and other household equipment | 50.04 | 112.6 | 7.6 | 0.9 |
| Health | 46.13 | 107.2 | 1.4 | 0.2 |
| Transport | 129.05 | 122.0 | 8.3 | -6.2 |
| Passenger Transport | ||||
| Short-distance rail transport | 0.71 | 65.3 | -43.9 | -45.1 |
| Combined | 11.52 | 41.5 | -62.6 | -63.3 |
| Motor fuels | 35.01 | 151.3 | 33.2 | -3.9 |
| Supergrade petrol | 25.66 | 143.3 | 27.7 | -5.0 |
| Diesel fuel | 8.64 | 173.4 | 47.4 | -0.9 |
| Autogas | 0.71 | 172.4 | 50.3 | -7.5 |
| Communication | 26.72 | 94.1 | -0.1 | -0.1 |
| Recreation and culture | 113.36 | 116.1 | 7.4 | 4.2 |
| Package holidays | 26,62 | 127,4 | 16,7 | 16,5 |
| Education | 9,02 | 105,9 | 1,5 | 0,0 |
| Restaurant and accommodation services | 46,77 | 123,4 | 7,0 | 1,4 |
| Miscellaneous goods and services | 74,25 | 114,1 | 2,5 | 0,2 |
More information:
More information on consumer price statistics is contained in Fachserie 17, Reihe 7 "Verbraucherpreise für Deutschland". Detailed results can also be found in the tables on the consumer price index (61111-0004) and (61111-0006) and on the harmonised index of consumer prices (61121-0002) and (61121-0004) in the GENESIS-Online database. The table "Verbraucherpreisindex – Preisentwicklung für Nahrungsmittel" contains information on changes in the prices of individual food products.
The consumer price index results are available on the Corona statistics webpage (www.destatis.de/corona) of the Federal Statistical Office and in the Dashboard Germany (www.dashboard-deutschland.de), together with other indicators which can be used to assess the economic consequences of the Covid-19 pandemic. The Dashboard Germany portal of the Federal Statistical Office combines up-to-date indicators of official statistics and of other data providers on the topics of economy and finance as well as health and mobility. The CPI also forms part of the Crisis Monitor (www.destatis.de/krisenmonitor), by means of which the Federal Statistical Office compares the development of major short-term indicators in the Covid-19 crisis and the financial and economic crisis of 2008/2009.
The Russian attack on Ukraine and the relevant sanctions against Russia have had a strong impact on the economy and population and in particular on the energy sector. Data and information on the areas affected are provided on a special webpage (www.destatis.de/ukraine).
