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Press release 375 / 2013-11-12: Consumer prices in October 2013: +1.2% on October 2012

Inflation rate decreasing again

Consumer price indicesEnlarge picture

WIESBADEN – Consumer prices in Germany rose by 1.2% in October 2013 compared with October 2012. The inflation rate as measured by the consumer price index thus decreased again (September 2013: +1.4%). The last time a lower rate of inflation was observed was in August 2010 (+1.0%). Compared with September 2013, the consumer price index was down 0.2% in October 2013. The Federal Statistical Office (Destatis) thus confirms its provisional overall results of 30 October 2013. 

The moderate inflation rate in October 2013 was mainly due to the price development of mineral oil products (−7.0% on October 2012). The marked year-on-year price decrease for both heating oil (−10.4%) and motor fuels (−5.8%) had a downward effect on the overall inflation. Not considering mineral oil prices, the inflation rate in October 2013 would have been +1.7%. 

Overall energy prices in October 2013 decreased by 0.5% from October 2012. Contrary to the favourable price development of mineral oil products, especially electricity prices (+11.5%) were considerably up on a year earlier in October 2013.

The increase in food prices in October 2013 (+4.2%) was again markedly higher than the overall inflation rate. In October 2013, consumers had to pay more than a year earlier especially for edible oils and fats (+14.0%; including butter: +28.0%) and for dairy products and eggs (+8.5%; including UHT milk: +19.9%; curd: +13.4%; yoghurt: +6.6%). Marked price rises were also observed for meat and meat products (+3.9%). For fruit (+4.2%) and vegetables (+2.5%), the price increase was smaller than in the last few months. 

The prices of goods and services were up 1.2% each in October 2013 compared with October 2012. As regards goods, prices rose not only for food but also, for example, for newspapers and periodicals (+5.1%) and tobacco products (+4.1%; including tobacco: +8.1%; cigarettes: +3.7%). Prices were down not only for energy but also for coffee (−3.8%), consumer electronics (−4.9%) and information processing equipment (−9.0%). 

The increase in service prices in October 2013 was mainly due to the development of net rents exclusive of heating expenses (+1.3%), for which households spend a good fifth of their consumption expenditure on average. Price rises were observed, for example, for transport association tickets (+3.7%), hairdresser services (+4.0%) and games of chance (+21.3%). Prices were down on a year earlier only for a small number of services, for example, education (−1.1%), telecommunications services (−1.6%) and out-patient health services (−12.2%).

Change in October 2013 on September 2013

Compared with September 2013, the consumer price index declined by 0.2% in October 2013. In part for seasonal reasons, prices of package holidays (−5.1%), air tickets (−1.2%) and accommodation services (−1.1%) decreased. In October 2013, energy prices were down, too, by a total 1.3% compared with September 2013. Prices decreased especially for motor fuels (−3.0%; including supergrade petrol: −3.2%; Diesel fuel: −2.3%) and heating oil (−2.8%). 

The price decrease in education (−4.6%) is mainly due to the abolishment of tuition fees at public institutions of higher education in Bayern

Food prices in general rose just slightly by 0.2% in October 2013. While the prices of dairy products (+1.5%; including sliced cheese: +5.2%; yoghurt: +1.0%) and edible oils and fats (+3.2%; including butter: +5.6%) were up, prices decreased somewhat on the previous month for fruit (−0.6%; including apples: −8.4%; citrus fruit: −7.3%) and vegetables (−1.3%; including potatoes: −4.4%; peppers: −12.4%). 

Consumer price index for Germany in September 2013 
Overall index / subindexWeightingIndex
2010 = 100
Change on
the same
period a
year earlier
Change on
the preceding
month
in per millin per cent
Overall index1,000.00105.91.2–0.2
Food and non-alcoholic-beverages102.71110.13.70.1
Food90.52110.14.20.2
Meat20.76113.73.90.1
Fruit8.76115.74.2–0.6
Vegetables11.2696.72.5–1.3
Alcoholic beverages and tobacco37.59108.42.90.4
Clothing and footwear44.93108.61.31.8
Housing, water, electricity, gas and other fuels317.29107.81.60.0
Net rent exclusive of heating  expenses209.93104.11.30.0
Household energy68.19120.72.5–0.5
Electricity26.21123.811.50.1
Gas14.46112.00.7–0.1
Heating oil11.11127.3–10.4–2.8
Furnishings, household equipment and so on49.78102.20.80.2
Health44.4499.7–3.70.1
Transport134.73107.2–1.0–0.9
Motor fuels38.37111.7–5.8–3.0
Supergrade petrol28.38110.3–5.8–3.2
Diesel fuel9.19116.0–5.6–2.3
Communication30.1092.9–1.40.0
Recreation and culture114.92102.02.1–1.3
Package holidays26.8399.9–0.6–5.1
Education8.8092.3–1.1–4.6
Restaurants and hotels44.67106.72.3–0.1
Miscellaneous goods and services70.04104.71.70.0
Overall index 
Excluding heating oil and motor fuels950.52105.41.70.0
Excluding household energy931.81104.81.2–0.2
Excluding energy (household energy and motor fuels)893.44104.51.50.0
Goods479.77108.11.20.0
Non-durable consumer goods307.89111.51.7–0.4
Energy106.56117.5–0.5–1.3
Services520.23103.81.2–0.4

  

Consumer price index for Germany 
Overall index
________
Year / Month
Index
2010 = 100
Change on
the same
period a
year earlier
Change on
the preceding
month
in per cent

A = annual average

– = no figures or magnitude zero

2011 A102.12.1
2012 A104.12.0
2012October104.62.00.0
November104.71.90.1
December105.02.00.3
2013January104.51.7–0.5
February105.11.50.6
March105.61.40.5
April105.11.2–0.5
May105.51.50.4
June105.61.80.1
July106.11.90.5
August106.11.50.0
September106.11.40.0
October105.91.2–0.2

The harmonised index of consumer prices (HICP) for Germany, which is calculated for European purposes, rose by 1.2% in October 2013 on October 2012. Compared with September 2013, the index was down by 0.3% in October 2013. The provisional HICP results of 30 October 2013, both year-on-year and month-on-month, were thus slightly corrected downwards by 0.1 percentage points.

Further information on consumer price statistics is provided by Fachserie 17, Reihe 7, which is available for download from the website of the Federal Statistical Office at www.destatis.de, path: Publikationen > Thematische Veröffentlichungen > Preise.

Detailed data and long time series on consumer price statistics can also be retrieved from the Genesis Online database through the Verbraucherpreisindex tables (61111-0004) and (61111-0006).

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