This statistic shows the inflation rate in Germany from 1992 to 2023. In 2023, the inflation rate in Germany was at 5.9 percent. This was the highest figure since 1992.
The inflation rate is calculated using the price increase of a product basket defined by the German Federal Statistical Office. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. The term inflation means the devaluation of money caused by a permanent increase of the price level for products (consumer goods , investment goods). The Consumer Price Index shows the price development for private expenses and shows the current level of inflation when increasing.
Inflation rate in Germany from 1992 to 2023
(change of CPI compared to the previous year)
The data can be found following the given weblink to the Genesis-Online database of the Federal Bureau of Statistics of Germany. Type "61111-0001" into the search field to get to the data.
The inflation rate depicts the increase of the consumer price index (Index 2010=100).
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Statistisches Bundesamt. (January 16, 2024). Inflation rate in Germany from 1992 to 2023 (change of CPI compared to the previous year) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/262859/inflation-rate-in-germany-changes-of-the-cpi-compared-to-the-previous-year/
Statistisches Bundesamt. "Inflation rate in Germany from 1992 to 2023 (change of CPI compared to the previous year)." Chart. January 16, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/262859/inflation-rate-in-germany-changes-of-the-cpi-compared-to-the-previous-year/
Statistisches Bundesamt. (2024). Inflation rate in Germany from 1992 to 2023 (change of CPI compared to the previous year). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/262859/inflation-rate-in-germany-changes-of-the-cpi-compared-to-the-previous-year/
Statistisches Bundesamt. "Inflation Rate in Germany from 1992 to 2023 (Change of Cpi Compared to The Previous Year)." Statista, Statista Inc., 16 Jan 2024, https://www.statista.com/statistics/262859/inflation-rate-in-germany-changes-of-the-cpi-compared-to-the-previous-year/
Statistisches Bundesamt, Inflation rate in Germany from 1992 to 2023 (change of CPI compared to the previous year) Statista, https://www.statista.com/statistics/262859/inflation-rate-in-germany-changes-of-the-cpi-compared-to-the-previous-year/ (last visited November 21, 2024)
Inflation rate in Germany from 1992 to 2023 (change of CPI compared to the previous year) [Graph], Statistisches Bundesamt, January 16, 2024. [Online]. Available: https://www.statista.com/statistics/262859/inflation-rate-in-germany-changes-of-the-cpi-compared-to-the-previous-year/
