Consumer prices in January 2017: expected rise of 1.9% on January 2016

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MIL OSI – Source: Destatis Statistisches Bundesamt – In English –

Headline: Consumer prices in January 2017: expected rise of 1.9% on January 2016

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.Year-on-year change in the consumer price indexregarding selected product groupsOverall index / subindexWeightOctober2016November2016December2016January2017 1in per millin percent 1 Provisional figure. 2 Household energy and motor fuels. 3 Net rents exclusive of heating expenses.Overall index10000.80.81.71.9Goods479.770.40.51.82.7including:Energy 2106.56–1.4–2.72.55.8Food90.520.01.22.53.2Services520.231.31.11.51.2including:Rents 3209.931.41.41.51.6In 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,contact form
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