Germany: Harmonized CPI

Macro

2026-10-16

Description

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Published by
Eurostat (Choice)
Frequency
Monthly
Next Update

AI Data Insight

The latest Q3 2026 German Harmonised Index of Consumer Prices (HICP) reached 103.93, climbing steadily from the previous value of 103.36, with a corresponding annual growth rate of 2.9%, in line with market consensus. This rise in inflation was primarily driven by a surge in energy prices caused by geopolitical conflicts, while food prices remained flat. Looking ahead, soaring energy prices may push up figures in subsequent months, putting pressure on the European Central Bank's future interest rate decisions.

AI Data Insight

The latest Q3 2026 German Harmonised Index of Consumer Prices (HICP) reached 103.93, climbing steadily from the previous value of 103.36, with a corresponding annual growth rate of 2.9%, in line with market consensus. This rise in inflation was primarily driven by a surge in energy prices caused by geopolitical conflicts, while food prices remained flat. Looking ahead, soaring energy prices may push up figures in subsequent months, putting pressure on the European Central Bank's future interest rate decisions.

Description

-

Published by
Eurostat (Choice)
Frequency
Monthly
Next Update