Press release No. 518 of 28 December 2018
Consumer price index, December 2018:
+1.7% on the same month a year earlier (provisional)
+0.1% on the previous month (provisional)
Harmonised index of consumer prices, December 2018:
+1.7% on the same month a year earlier (provisional)
+0.3% on the previous month (provisional)
WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be 1.7% in December 2018. Compared with November 2018, consumer prices are expected to increase by 0.1%. 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 1.9% in 2018.
| Overall index / subindex | Weight | September 2018 | October 2018 | November 2018 | December 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 | 2.3 | 2.5 | 2.3 | 1.7 |
| Goods | 479.77 | 3.1 | 3.2 | 3.2 | 2.0 |
| including: | |||||
| Energy 2 | 106.56 | 7.7 | 8.9 | 9.3 | 4.8 |
| Food | 90.52 | 2.8 | 1.9 | 1.4 | 1.0 |
| Services | 520.23 | 1.5 | 1.8 | 1.5 | 1.5 |
| including: | |||||
| Rents 3 | 209.93 | 1.5 | 1.6 | 1.5 | 1.5 |
In December 2018, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 1.7% year on year. Compared with November 2018, it is expected to be up 0.3%. On an annual average, the harmonised index of consumer prices is expected to increase by 1.9% in 2018 compared with 2017.
The final results for December 2018 will be released on 16 January 2019.
