Press release No. 418 of 30 October 2018
Consumer price index, October 2018
+2.5% on the same month a year earlier (provisional)
+0.2% on the previous month (provisional)
Harmonised index of consumer prices, October 2018
+2.4% on the same month a year earlier (provisional)
+0.1% on the previous month (provisional)
WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be 2.5% in October 2018.That would be the highest growth rate since September 2008 (+2.8%). 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 2018.
| Overall index / subindex | Weight | July 2018 | August 2018 | September 2018 | October 2018 1 |
|---|---|---|---|---|---|
| in per mill | in percent | ||||
| 1 Provisional figure. 2 Household energy and motor fuels. 3 Net rents exclusive of heating expenses. | |||||
| Overall index | 1,000 | 2.0 | 2.0 | 2.3 | 2.5 |
| Goods | 479.77 | 2.4 | 2.7 | 3.1 | 3.2 |
| including: | |||||
| Energy 2 | 106.56 | 6.6 | 6.9 | 7.7 | 8.9 |
| Food | 90.52 | 2.6 | 2.5 | 2.8 | 1.9 |
| Services | 520.23 | 1.6 | 1.4 | 1.5 | 1.8 |
| including: | |||||
| Rents 3 | 209.93 | 1.6 | 1.6 | 1.5 | 1.6 |
In October 2018, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 2.4% year on year and 0.1% on September 2018.
The final results for October 2018 will be released on 13 November 2018.
