Monthly inflation rate in Germany 2019-2020

The timeline shows the current monthly inflation rate in Germany from January 2019 to January 2020. In January 2020, the consumer prices in Germany increased by 1.7 percent compared to the same month of the previous year, based on preliminary figures.

The inflation rate is calculated using the price increase of a product basket defined by the German Federal Statistical Office. This product basket contains services and products, on which the average consumer spends money throughout the year. This includes expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (i.e. gas, oil), as well as federal fees and taxes.
The term inflation means the devaluation of money caused by the increase of the price level of products (consumer goods, investment goods).
The Consumer Price Index shows the price trends for private consumption expenses and shows the current level of the inflation when increasing.

Inflation rate in Germany from January 2019 to January 2020

Changes compared to the same month last year
Jan '20*1.7%
Dec '191.5%
Nov '191.1%
Oct '191.1%
Sep '191.2%
Aug '191.4%
Jul '191.7%
Jun '191.6%
May '191.4%
Apr '192%
Mar '191.3%
Feb '191.5%
Jan '191.4%
Dez '181.7%
Nov '182.3%
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Source

Release date

January 2020

Region

Germany

Survey time period

January 2019 to January 2020

Special properties

2015 = 100

Supplementary notes

Figures for months up until August 2019 were taken from data published by the German Federal Statistical Office.

The inflation rate depicts the increase of the consumer price index (Baseline: Index 2015 = 100).

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