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 |
---|---|---|---|---|---|
in per mill | in percent | ||||
Provisional figure. Household energy and motor fuels. 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 | 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 | 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.
For further information:
Annerose Mann,
tel: +49 (0) 611 / 75 44 52,
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Destatis - Federal Statistical Office of Germany published this content on 30 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 January 2017 13:19:02 UTC.
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