Press release No. 035 of 30 January 2017
WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be +1.9% in January 2017. A similarly high rate of inflation was last measured in July 2013 (+1.9%). Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to decline by 0.6% on December 2016.
| Overall index / subindex | Weight | October 2016 | November 2016 | December 2016 | January 2017 1 |
|---|---|---|---|---|---|
| in per mill | in percent | ||||
| 1 Provisional figure. 2 Household energy and motor fuels. 3 Net rents exclusive of heating expenses. | |||||
| Overall index | 1000 | 0.8 | 0.8 | 1.7 | 1.9 |
| Goods | 479.77 | 0.4 | 0.5 | 1.8 | 2.7 |
| including: | |||||
| Energy 2 | 106.56 | –1.4 | –2.7 | 2.5 | 5.8 |
| Food | 90.52 | 0.0 | 1.2 | 2.5 | 3.2 |
| Services | 520.23 | 1.3 | 1.1 | 1.5 | 1.2 |
| including: | |||||
| Rents 3 | 209.93 | 1.4 | 1.4 | 1.5 | 1.6 |
In January 2017, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 1.9% year on year and to decrease by 0.8% on December 2016.
The final results for January 2017 will be released on 14 February 2017.