Press release No. 264 of 28 July 2016
WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be +0.4% in July 2016. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to increase by 0.3% on June 2016.
Overall index / subindex | Weight | April 2016 | May 2016 | June 2016 | July 2016 1 |
---|---|---|---|---|---|
in per mill | in percent | ||||
1 Provisional figure. 2 Household energy and motor fuels. 3 Net rents exclusive of heating expenses. | |||||
Overall index | 1000 | –0.1 | 0.1 | 0.3 | 0.4 |
Goods | 479.77 | –1.0 | –0.9 | –0.8 | –0.7 |
including: | |||||
Energy 2 | 106.56 | –8.5 | –7.9 | –6.4 | –7.0 |
Food | 90.52 | 0.5 | 0.0 | 0.1 | 1.1 |
Services | 520.23 | 0.8 | 1.2 | 1.4 | 1.4 |
including: | |||||
Rents 3 | 209.93 | 1.0 | 1.1 | 1.1 | 1.1 |
The harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to be up 0.4% in July 2016 year on year. Compared with June 2016, the increase is expected to be 0.4%, too.
The final results for July 2016 will be released on 12 August 2016.