Press release No. 478 of 29 December 2017
WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be 1.7% in December 2017. Compared with November 2017, consumer prices are expected to increase by 0.6%. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that, on an annual average, the inflation rate is expected to stand at 1.8% in 2017.
| Overall index / subindex | Weight | September 2017 | October 2017 | November 2017 | December 2017 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 | 1.8 | 1.6 | 1.8 | 1.7 |
| Goods | 479.77 | 2.2 | 1.9 | 2.1 | 1.8 |
| including: | |||||
| Energy 2 | 106.56 | 2.7 | 1.2 | 3.7 | 1.3 |
| Food | 90.52 | 3.6 | 4.3 | 3.2 | 3.0 |
| Services | 520.23 | 1.6 | 1.2 | 1.5 | 1.6 |
| including: | |||||
| Rents 3 | 209.93 | 1.7 | 1.6 | 1.7 | 1.7 |
In December 2017, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 1.6% year on year and 0.8% on November 2017. On an annual average, the harmonised index of consumer prices is expected to be up 1.7% in 2017 as compared with a year earlier.
The final results for December 2017 will be released on 16 January 2018.