Press Consumer prices in August 2016: expected rise of 0.4% on August 2015

Press release No. 300 of 30 August 2016

WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be +0.4% in August 2016. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to remain unchanged from July.

Year-on-year change in the consumer price index
regarding selected product groups
Overall index / subindexWeightMay
2016
June
2016
July
2016
August
2016 1
in per millin percent
1 Provisional figure.
2 Household energy and motor fuels.
3 Net rents exclusive of heating expenses.
Overall index10000.10.30.40.4
Goods479.77–0.9–0.8–0.7–0.6
including:
Energy 2106.56–7.9–6.4–7.0–5.9
Food90.520.00.11.10.9
Services520.231.21.41.41.3
including:
Rents 3209.931.11.11.11.2

The harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to be up 0.3% in August 2016 year on year. Compared with July 2016, it is expected to decline by 0.1%. 

The final results for August 2016 will be released on 13 September 2016.

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