For 2024, economic experts predict a 2.6 percent inflation rate growth in Germany. This shows a slowdown in the rate of inflation compared to 2021 and 2022, which was a rapid increase. An inflation rate of 1.9 percent is forecast for 2025.
September 2023
Germany
2008 to 2023
* Forecast
Joint report from leading economic research institutes.
The joint report (Gemeinschaftsdiagnose) is an expert assessment of the global, European and German economic climate, which is created by a project group on behalf of the formerly Federal Ministry for Economic Affairs and Technology (currently Federal Ministry for Economic Affairs and Climate Action). The joint report group currently includes the ifo Institute for economic research at the University of Munich, in cooperation with the KOF economic climate research center at the ETH Zurich, the German Institute for Economic Research (DIW), the Leibniz Institute for Economic Research in Halle, the Kiel Institute for the World Economy and the RWI Leibniz Institute for Economic Research in cooperation with the Institute for Advanced Studies in Vienna.
Figures preceding 2020 are based on data from the Federal Statistics Office.
Harmonized consumer price index (2010 = 100).
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