Germany's European Union-harmonised 12-month inflation eased to 6.4 percent in August 2023, down from 6.5 percent in the previous month and compared to the market expectations of 6.3 percent, a preliminary estimate showed. source: Federal Statistical Office
Harmonised Inflation Rate YoY in Germany averaged 1.87 percent from 1996 until 2023, reaching an all time high of 11.60 percent in October of 2022 and a record low of -0.70 percent in July of 2009. This page includes a chart with historical data for Germany Harmonised Inflation Rate YoY. Germany Harmonised Inflation Rate YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.
Harmonised Inflation Rate YoY in Germany is expected to be 4.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Harmonised Inflation Rate YoY is projected to trend around 2.50 percent in 2024 and 2.10 percent in 2025, according to our econometric models.