Consumer prices in January 2018: 1.6% rise on January 2017 expected

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

Headline: Consumer prices in January 2018: 1.6% rise on January 2017 expected

WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be 1.6% in January 2018. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to decline by 0.7% compared with December 2017.Year-on-year change in the consumer price indexregarding selected product groupsOverall index / subindexWeightOctober2017November2017December2017January2018 1in per millin percent 1 Provisional figure. 2 Household energy and motor fuels. 3 Net rents exclusive of heating expenses.Overall index10001.61.81.71.6Goods479.771.92.11.81.5including:Energy 2106.561.23.71.30.9Food90.524.33.23.03.1Services520.231.21.51.61.6including:Rents 3209.931.61.71.71.7In January 2018, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 1.4% year on year and to decrease by 1.0% on December 2017.

The final results for January 2018 will be released on 14 February 2018.

For further information:Annerose Mann,tel: +49 (0) 611 / 75 44 52,contact form
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