Press Consumer prices in October 2016: expected rise of 0.8% on October 2015

Press release No. 388 of 28 October 2016

WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be +0.8% in October 2016. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to increase by 0.2% on September 2016.

Year-on-year change in the consumer price index
regarding selected product groups
Overall index / subindexWeightJuly
2016
August
2016
September
2016
October
2016 1
in per millin percent
1 Provisional figure.
2 Household energy and motor fuels.
3 Net rents exclusive of heating expenses.
Overall index10000.40.40.70.8
Goods479.77–0.7–0.6–0.10.4
including:
Energy 2106.56–7.0–5.9–3.6–1.4
Food90.521.10.90.40.0
Services520.231.41.31.31.3
including:
Rents 3209.931.11.21.31.4

The harmonised index of consumer prices for Germany calculated for European purposes is expected to be up 0.7% year on year. Compared with September 2016, it is expected to be up by 0.2%. 

The final results for October 2016 will be released on 11 November 2016.

More on this topic