Consumer prices in July 2017: rise of 1.7% on July 2016 expected

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

Headline: Consumer prices in July 2017: rise of 1.7% on July 2016 expected

WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be 1.7% in July 2017. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to increase by 0.4% on June 2017.Year-on-year change in the consumer price indexregarding selected product groupsOverall index / subindexWeightApril2017May2017June2017July2017 1in per millin percent 1 Provisional figure. 2 Household energy and motor fuels. 3 Net rents exclusive of heating expenses.Overall index10002.01.51.61.7Goods479.772.21.81.51.7including:Energy 2106.565.12.00.00.9Food90.521.82.42.82.7Services520.231.71.21.71.7including:Rents 3209.931.71.81.81.8In July 2017, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to rise by 1.5% year on year and by 0.4% on June 2017. 

The final results for July 2017 will be released on 11 August 2017.

For further information:Thomas Krämer,tel: +49 (0) 611 / 75 29 59,contact form
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