Press release No. 239 of 12 July 2016
WIESBADEN – Consumer prices in Germany rose by 0.3% in June 2016 compared with June 2015. The inflation rate as measured by the consumer price index increased slightly for the second consecutive month. This year, a slightly higher rate than in June 2016 was measured only in January (+0.5%). Compared with the previous month, the consumer price index was up 0.1% in June 2016. The Federal Statistical Office (Destatis) thus confirms its provisional overall results of 29 June 2016.
The development of energy prices (–6.4%) had a downward effect on the overall rise in prices in June 2016, as had been the case in the preceding months. However, the year-on-year decrease in energy prices continued to slow; in May 2016 it had been –7.9%. Especially the prices of mineral oil products (–11.4%, of which heating oil: –19.0% and motor fuels: –9.4%) were down in June 2016 on a year earlier. The prices of other energy products, too, were below the level of the same month of the preceding year (for example, charges for central and district heating: –9.1%; gas: –2.8%). Only electricity prices rose on a year earlier (+0.9%). Excluding energy prices, the inflation rate in June 2016 would have been +1.1%.
Food prices rose 0.1% in June 2016 compared with June 2015. Prices increased on a year earlier especially for vegetables (+4.6%, including potatoes: +19.1%), fruit (+2.6%) and fish and fish products (+3.2%). Prices were considerably down for many dairy products (for example curd: –16.3%; UHT milk: –11.0%; sliced cheese: –8.2%). Other price decreases were recorded for edible fats and oils (–4.5%), especially butter prices (–11.7%) were markedly down on a year earlier.
The prices of goods (total) fell by 0.8% in June 2016 compared with June 2015, the main reason being the decrease in energy prices (–6.4%). Prices were also down for coffee, tea and cocoa (–3.7%, including unground coffee: –5.4%). Considerable price increases were observed for some foods and, among other things, for newspapers and periodicals (+4.3%), tobacco products (+4.6%) and jewellery, clocks and watches (+5.8%).
Contrary to the decrease in goods prices, the prices of services (total) were up 1.4% in June 2016 on June 2015. This development was mainly due to the moderate movement of net rents exclusive of heating expenses (+1.1%), on which households spend roughly a fifth of their consumption expenditure. Larger year-on-year increases of service prices were observed, among other things, for services of social facilities (+3.8%), insurance services (+2.3%) and transport services (+1.8%). The price development was consumer-friendly for telecommunications services (–1.6%).
Change in June 2016 on May 2016
Compared with May 2016, the consumer price index rose by 0.1% in June 2016. A major reason for the price increase was the development of energy prices (+1.2%). Compared with a month earlier, prices were up both for heating oil (+5.2%) and motor fuels (+2.7%, including supergrade petrol: +2.6%, diesel fuel: +3.6%), as was the case in the preceding months. Prices rose also for package holidays (+4.3%, including those to foreign destinations: +4.6%).
Food prices (total) fell 0.4% in June 2016 compared with the previous month. Price decreases were recorded especially for vegetables (-1.8%) and for dairy products and eggs (-1.6%). Noticeable month-on-month price decreases were also observed for clothing (-4.1%) in June 2016.
| Overall index / subindex | Weighting | Index 2010 = 100 | Change on the previous year | Change on the previous month |
|---|---|---|---|---|
| in per mill | in per cent | |||
| Overall index | 1,000.00 | 107.3 | 0.3 | 0.1 |
| Food and non-alcoholic beverages | 102.71 | 112.7 | 0.1 | –0.4 |
| Food | 90.52 | 112.7 | 0.1 | –0.4 |
| Meat | 20.76 | 112.9 | 0.1 | –0.2 |
| Fruit | 8.76 | 129.1 | 2.6 | 0.5 |
| Vegetables | 11.26 | 109.8 | 4.6 | –1.8 |
| Alcoholic beverages and tobacco | 37.59 | 116.3 | 2.6 | 0.3 |
| Clothing and footwear | 44.93 | 105.5 | 0.5 | –3.3 |
| Housing, water, electricity, gas and other fuels | 317.29 | 107.9 | –0.3 | 0.1 |
| Net rent exclusive of heating expenses | 209.93 | 107.8 | 1.1 | 0.1 |
| Household energy | 68.19 | 108.6 | –4.9 | 0.4 |
| Electricity | 26.21 | 125.9 | 0.9 | 0.0 |
| Gas | 14.46 | 107.0 | –2.8 | –0.3 |
| Heating oil | 11.11 | 79.2 | –19.0 | 5.2 |
| Furnishings, household equipment and so on | 49.78 | 103.8 | 0.5 | –0.3 |
| Health | 44.44 | 105.0 | 1.5 | 0.0 |
| Transport | 134.73 | 105.5 | –1.4 | 0.8 |
| Motor fuels | 38.37 | 93.8 | –9.4 | 2.7 |
| Supergrade petrol | 28.38 | 95.0 | –9.4 | 2.6 |
| Diesel fuel | 9.19 | 91.0 | –9.3 | 3.6 |
| Communication | 30.10 | 90.2 | –1.0 | –0.1 |
| Recreation and culture | 114.92 | 105.1 | 1.5 | 1.0 |
| Package holidays | 26.83 | 103.2 | 1.2 | 4.3 |
| Education | 8.80 | 94.4 | 1.8 | 0.1 |
| Restaurants and hotels | 44.67 | 113.4 | 1.9 | 0.2 |
| Miscellaneous goods and services | 70.04 | 109.2 | 2.1 | 0.0 |
| Overall index | ||||
| Excluding heating oil and motor fuels | 950.52 | 108.2 | 0.9 | –0.1 |
| Excluding household energy | 931.81 | 107.2 | 0.8 | 0.0 |
| Excluding energy (household energy and motor fuels) | 893.44 | 107.8 | 1.1 | –0.1 |
| Goods | 479.77 | 106.7 | –0.8 | –0.2 |
| Non-durable consumer goods | 307.89 | 109.3 | –1.6 | 0.3 |
| Energy | 106.56 | 103.3 | –6.4 | 1.2 |
| Services | 520.23 | 107.9 | 1.4 | 0.3 |
| Overall index ________ Year / Month | Index 2010 = 100 | Change on the previous year | Change on the previous month | |
|---|---|---|---|---|
| in % | ||||
| A = annual average –= no figures or magnitude zero | ||||
| 2014 A | 106.6 | 0.9 | − | |
| 2015 A | 106.9 | 0.3 | − | |
2015 | June | 107.0 | 0.3 | –0.1 |
| July | 107.2 | 0.2 | 0.2 | |
| August | 107.2 | 0.2 | 0.0 | |
| September | 107.0 | 0.0 | –0.2 | |
| October | 107.0 | 0.3 | 0.0 | |
| November | 107.1 | 0.4 | 0.1 | |
| December | 107.0 | 0.3 | –0.1 | |
| 2016 | January | 106.1 | 0.5 | –0.8 |
| February | 106.5 | 0.0 | 0.4 | |
| March | 107.3 | 0.3 | 0.8 | |
| April | 106.9 | –0.1 | –0.4 | |
| May | 107.2 | 0.1 | 0.3 | |
| June | 107.3 | 0.3 | 0.1 | |
Harmonised index of consumer prices for Germany
The harmonised index of consumer prices (HICP) for Germany, which is calculated for European purposes, rose by 0.2% in June 2016 on June 2015. Compared with May 2016, the index rose by 0.1% in June 2016. This confirmed the HICP estimates of 29 June 2016.
Detailed data and long time series of consumer price statistics can also be found in the Genesis Online database in tables 61111-0004 and 61111-0006 (consumer price index) as well as in tables 61121-0002 and 61121-0004 (harmonised consumer price index).