Consumer prices in October 2017: 1.6% rise on October 2016 expected

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

Headline: Consumer prices in October 2017: 1.6% rise on October 2016 expected

WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be 1.6% in October 2017. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to remain unchanged from September 2017.Year-on-year change in the consumer price indexregarding selected product groupsOverall index / subindexWeightJuly2017August2017September2017October2017 1in per millin percent 1 Provisional figure. 2 Household energy and motor fuels. 3 Net rents exclusive of heating expenses.Overall index10001.71.81.81.6Goods479.771.72.02.21.9including:Energy 2106.560.92.32.71.2Food90.522.73.03.64.3Services520.231.71.61.61.2including:Rents 3209.931.81.71.71.6In October 2017, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 1.5% year on year. Compared with September 2017, it is expected to be down by 0.1%. 

The final results for October 2017 will be released on 14 November 2017.

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