Press release No. 003 of 3 January 2020
Consumer price index, December 2019:
+1.5% on the same month a year earlier (provisional)
+0.5% on the previous month (provisional)
+1.4% on an annual average in 2019 compared with 2018 (provisional)
Harmonised index of consumer prices, December 2019:
+1.5% on the same month a year earlier (provisional)
+0.6% on the previous month (provisional)
+1.4% on an annual average in 2019 compared with 2018 (provisional)
WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be 1.5% in December 2019. Compared with November 2019, consumer prices are expected to increase by 0.5%. 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 1.4% in 2019.
| Overall index / subindex | Weight | September 2019 | October 2019 | November 2019 | December 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 | 1.2 | 1.1 | 1.1 | 1.5 |
| Goods | 468.16 | 0.6 | 0.4 | 0.1 | 1.2 |
| including: | |||||
| Energy 2 | 103.83 | -1.1 | -2.1 | -3.7 | -0.1 |
| Food | 84.87 | 1.3 | 1.1 | 1.8 | 2.1 |
| Services | 531.84 | 1.8 | 1.7 | 1.8 | 1.8 |
| including: | |||||
| Rents 3 | 207.26 | 1.4 | 1.4 | 1.4 | 1.4 |
In December 2019, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 1.5% year on year and 0.6% on November 2019. On an annual average, the harmonised index of consumer prices is expected to be up 1.4% in 2019 compared with a year earlier.
The final results for December 2019 will be released on 16 January 2020.
