Press Consumer prices in August 2018: 2.0% rise on August 2017 expected 2017

Press release No. 325 of 30 August 2018

Consumer price index, August 2018

  • +2.0% on the same month a year earlier (provisional)
  • +0.1% on the previous month (provisional)

Harmonised index of consumer prices, August 2018

  • +1.9% on the same month a year earlier (provisional)
  • ±0.0% on the previous month (provisional)

WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be 2.0% in August 2018. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to increase by 0.1% on July 2018.

 

Year-on-year change in the consumer price index
regarding selected product groups
Overall index / subindexWeightMay
2018
June
2018
July
2018
August
2018 1
in per millin percent
1 Provisional figure.
2 Household energy and motor fuels.
3 Net rents exclusive of heating expenses.
Overall index1,0002.22.12.02.0
Goods479.772.52.82.42.7
including:
Energy 2106.565.16.46.66.9
Food90.523.53.42.62.5
Services520.231.91.51.61.4
including:
Rents 3209.931.61.61.61.6

In August 2018, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 1.9% year on year and remain unchanged on July 2018.

The final results for August 2018 will be released on 13 September 2018.

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