Press Consumer prices in January 2018: 1.6% rise on January 2017 expected

Press release No. 031 of 30 January 2018

WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be 1.6% in January 2018. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to decline by 0.7% compared with December 2017.

Year-on-year change in the consumer price index
regarding selected product groups
Overall index / subindexWeightOctober
2017
November
2017
December
2017
January
2018 1
in per millin percent
1 Provisional figure.
2 Household energy and motor fuels.
3 Net rents exclusive of heating expenses.
Overall index10001.61.81.71.6
Goods479.771.92.11.81.5
including:
Energy 2106.561.23.71.30.9
Food90.524.33.23.03.1
Services520.231.21.51.61.6
including:
Rents 3209.931.61.71.71.7

In January 2018, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 1.4% year on year and to decrease by 1.0% on December 2017.

The final results for January 2018 will be released on 14 February 2018.

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