Consumer price index

Topics Prices

+2.0% inflation rate

-5.5 % consumer prices, energy

+2.3 % consumer prices, food

Press releases

12 November 2024 Inflation rate at +2.0% in October 2024

The inflation rate in Germany, measured as the year-on-year change in the consumer price index (CPI), stood at +2.0% in October 2024. This means that the inflation rate rose again, after having fallen below two percent in September 2024 (+1.6%) and in August 2024 (+1.9%). The Federal Statistical Office (Destatis) also reports that inflation in October 2024 was particularly fuelled by the rise in food prices and ongoing above-average price increases for services. By contrast, the development of energy prices again had a dampening effect on the inflation rate in October 2024, but the effect was less pronounced than in the previous months. Compared with September 2024, consumer prices rose by 0.4% in October 2024.

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Consumer prices indices for Germany

30 October 2024 Inflation rate of 2.0% expected in October 2024

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11 October 2024 Inflation rate at +1.6% in September 2024

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30 September 2024 Inflation rate of +1.6% expected in September 2024

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10 September 2024 Inflation rate at +1.9% in August 2024

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29 August 2024 Inflation rate of +1.9% expected in August 2024

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Further Press Releases

Current news

Noticeable price changes in October 2024

Get an overview of the most noticeable price changes for selected goods and services.

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Revision in the Consumer price statistics

The consumer price index is regularly revised and adapted to a new base year. With the results for the reference month January 2023, the adaptation will take place from the previous base 2015 to the base year 2020.

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Informations on the measures of the German government and their impact on consumer price indices

The development of consumer prices, especially regarding energy prices (household energy and fuels), caused noticeable financial pressure on private households in 2022 in particular, but also posed and continues to pose a challenge for many people in subsequent years. Since spring 2022, the German Federal Government has therefore adopted three comprehensive relief packages to support consumers. Some measures affect consumer prices directly and have an impact on their general development.

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Tables

Consumer price indices

Database

GENESIS-Online

More data are available from the GENESIS-Online database on the themes:

Consumer price index for Germany
Harmonised index of consumer prices
Retail price index


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Statistics visualised

Price Monitor

You can use our Price Monitor to get an overview of the most striking price changes regarding the goods and services frequently purchased.

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Price Kaleidoscope

The rate of price increase does not only depend on how prices change. The weights with which the price trends of the individual goods and services are reflected in the consumer price index are also important. The Price Kaleidoscope shows you the price trend and the weights of various product groups in the consumer price index.

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Personal Inflation Calculator

You can use this calculator to show the price development while weighting the different product types according to your individual consumption pattern.

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Consumer price index

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Consumer price index

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Consumer price indices for all category of goods

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Change of consumer prices

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Basket of goods and services and weighting pattern

Publications

Consumer price index – Weighting pattern

Data on Energy Price Trends - Long-Time Series

Methods

Compilation of the HICP weighting pattern for the year 2024 (price base December 2023)

An annual update of the weights of the Harmonised Index of Consumer Prices (HICP) calculated for European purposes is carried out in accordance with Regulations (EU) 2016/792 and (EU) 2020/1148. The Corona pandemic prevailing in 2020, with its restrictions on public life and the resulting consequences, necessitates for the third year in a row a change in the usual approach to updating the goods weights.

Impact of the corona crisis on the CPI/HICP price collection

Despite the challenges in the current corona crisis, price statistics are working on the reliable provision of the national consumer price index (CPI) and the harmonised consumer price index (HICP) as important economic indicators.

Quality Reports

Quality Report - Consumer Price Index for Germany

As regards the consumer price index, price index series are provided for household final consumption expenditure in Germany in the form of totals and for individual aggregates. Year-on-year and month-on-month inflation rates are also available. Furthermore, the weights of the individual sub-indices in the overall index are published, too. On that basis, users can calculate inflation rates for any periods and product aggregates.

Quality Report - Harmonised Index of Consumer Prices

Extract from Quality Report - Harmonised Index of Consumer Prices
The consumer prices recorded are used to calculate the HICP which is in turn used for the calculation of an inflation standard to measure price stability in the economy of the euro area. The HICP serves as a basis for international comparisons of inflation rates. It is aggregated to obtain a consumer price index each for the European Monetary Union, the European Union and also the European Economic Area. The HICP is one of the convergence criteria on which the decision on including a given Member State in the euro area is based.

Quality Report: Retail price index

Extract from the pdf-file - Quality Report: Retail price index
The retail prices recorded are used to calculate retail price indices inclusive and exclusive of VAT.Retail price indices inclusive of VAT are mainly used for the following two purposes: As a compensation measure, they are intended for the adjustment of regular payments based on stable-value clauses in civil law contracts (e.g. in accordance with the Price Clause Act (PrKG) of 7 September 2007 (Federal Law Gazette I, pp 2246, 2247) and Article 557b of the Civil Code (BGB) concerning "index-linked rents". Likewise, they are used in national accounts to deflate nominal values of economic statistics.The new retail price indices exclusive of VAT are used to deflate nominal sales in domestic trade statistics.

Quality Report - Consumer price indices for transport, postal and telecommunication services

Extract from Quality Report - Consumer price indices for transport, postal and telecommunication services

Experimental statistics

In the "EXSTAT – Experimental statistics section" we regularly publish new and innovative project results of the Federal Statistical Office. These are obtained by using new data sources and methods. Both the degree of maturity and quality of the results differ from those of official statistics, especially regarding harmonisation, coverage and methodology. Nonetheless these results of the statistical offices of the Federation and the Länder offer new and interesting ways of looking at various statistical topics.

Selected articles from the EXSTAT series

Scanner data in consumer price statistics and for determining regional price differences

Digital point-of-sale data of the retail sector, also referred to as scanner data, are a promising data source for price statistics. In official consumer price statistics, manual price collection performed by price collectors directly in shops or service enterprises is supplemented, or in part replaced, by new forms of price collection.

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Ex­per­i­men­tal statis­tics