Consumer prices in December 2017: 1.7% rise on December 2016 expected

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

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

WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be 1.7% in December 2017. Compared with November 2017, consumer prices are expected to increase by 0.6%. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that, on an annual average, the inflation rate is expected to stand at 1.8% in 2017. Year-on-year change in the consumer price indexregarding selected product groupsOverall index / subindexWeightSeptember2017October2017November2017December2017 1in per millin percent 1 Provisional figure. 2 Household energy and motor fuels. 3 Net rents exclusive of heating expenses.Overall index10001.81.61.81.7Goods479.772.21.92.11.8including:Energy 2106.562.71.23.71.3Food90.523.64.33.23.0Services520.231.61.21.51.6including:Rents 3209.931.71.61.71.7In December 2017, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 1.6% year on year and 0.8% on November 2017. On an annual average, the harmonised index of consumer prices is expected to be up 1.7% in 2017 as compared with a year earlier.

The final results for December 2017 will be released on 16 January 2018.

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