Press Inflation rate expected to be 1.7% in January 2020

Press release No. 033 of 30 January 2020

Consumer price index, January 2020:
+1.7% on the same month a year earlier (provisional)
-0.6% on the previous month (provisional)

Harmonised index of consumer prices, January 2020:
+1.6% on the same month a year earlier (provisional)
-0.8% on the previous month (provisional)

WIESBADEN – The inflation rate in Germany, measured as the year-on-year change in the consumer price index, is expected to be 1.7% in January 2020. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to decline by 0.6% on December 2019.

Year-on-year change in the consumer price index
regarding selected product groups
Overall index / subindexWeightOctober
2019
November
2019
December
2019
January
2020 1
in per millin percent
1: Provisional figure.
2: Household energy and motor fuels.
3: Net rents and other rents.
Overall index1,0001.11.11.51.7
Goods468.160.40.11.22.0
including:
Energy 2103.83-2.1-3.7-0.13.4
Food84.871.11.82.12.3
Services531.841.71.81.81.5
including:
Rents 3207.261.41.41.41.4

The final results for January 2020 will be released on 13 February 2020.

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