Press release No. 454 of 28 November 2019
Consumer price index, November 2019:
+1.1% on the same month a year earlier (provisional)
-0.8% on the previous month (provisional)
Harmonised index of consumer prices, November 2019:
+1.2% on the same month a year earlier (provisional)
-0.8% on the previous month (provisional)
WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be 1.1% in November 2019. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to decline by 0.8% on October 2019.
| Overall index / subindex | Weight | August 2019 | September 2019 | October 2019 | November 2019 1 |
|---|---|---|---|---|---|
| in per mill | in percent | ||||
| 1: Provisional figure. 2: Household energy and motor fuels. 3: Net rents and other rents. | |||||
| Overall index | 1,000 | 1.4 | 1.2 | 1.1 | 1.1 |
| Goods | 468,16 | 1.3 | 0.6 | 0.4 | 0.1 |
| including: | |||||
| Energy 2 | 103.83 | 0.6 | -1.1 | -2.1 | -3.7 |
| Food | 84.87 | 2.7 | 1.3 | 1.1 | 1.8 |
| Services | 531.84 | 1.6 | 1.8 | 1.7 | 1.8 |
| including: | |||||
| Rents 3 | 207.26 | 1.3 | 1.4 | 1.4 | 1.4 |
In November 2019, the harmonised index of consumer prices for Germany (HICP), which is calculated for European purposes, is expected to increase by 1.2% year on year and decrease by 0.8% on October 2019.
The final results for November 2019 will be released on 12 December 2019.
