Consumer prices in November 2018: 2.3% rise on November 2017 expected

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Source: Destatis Statistisches Bundesamt – In EnglishConsumer price index, November 2018:+2.3% on the same month a year earlier (provisional)+0.1% on the previous month (provisional)Harmonised index of consumer prices, November 2018:+2.2% on the same month a year earlier (provisional)+0.1% on the previous month (provisional)
WIESBADEN – The inflation rate in Germany as measured by the consumer price index is expected to be 2.3% in November 2018. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to increase by 0.1% on October 2018.

Year-on-year change in the consumer price indexregarding selected product groups
Overall index / subindex
Weight
August2018
September2018
October2018
November2018 1
in per mill
in percent
1 Provisional figure.2 Household energy and motor fuels.3 Net rents exclusive of heating expenses.
Overall index
1,000
2.0
2.3
2.5
2.3
Goods
479.77
2.7
3.1
3.2
3.2
including:
Energy 2
106.56
6.9
7.7
8.9
9.3
Food
90.52
2.5
2.8
1.9
1.4
Services
520.23
1.4
1.5
1.8
1.5
including:
Rents 3
209.93
1.6
1.5
1.6
1.5
In November 2018, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 2.2% year on year and by 0.1% on October 2018.
The final results for November 2018 will be released on 13 December 2018.
Note: revision of the consumer price index for GermanyThe consumer price index is revised and a new base year introduced at regular intervals. From reference month January 2019, the index will be rebased from 2010 to base year 2015. In this context, the consumer price indices will be recalculated as of January 2015.
Please note the following release dates:
30 January 2019
Provisional result for January 2019
21 February 2019
Final result for January 2019 and all consumer price indices recalculated as of January 2015 on the new 2015 base
Information on the revision especially for users of consumer price indices in stable-value clauses is available under “Serviceangebote zu Wertsicherungsklauseln”.
For further information:Consumer price statisticstel: +49 (0) 611 / 75 29 59,contact form

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