Germany Inflation Rate
Jul 2026 · Monthly
Germany's inflation rate rose to 2.86% in August 2026, from 2.78% in July 2026. The latest reading marks the highest level since April 2026, when the rate stood at 2.88%. Over the past year, the rate has increased from 2.17% in August 2025, reflecting a steady upward trend through the second half of 2026. Producer prices rose 0.8% month-over-month in July 2026, while the year-over-year producer price index increased 2.04% in April 2026. The current inflation rate remains well below the all-time high of 8.82% recorded in October 2022, and above the series low of -1.04% from July 2020, according to the International Monetary Fund.
source: International Monetary Fund
Germany's annual inflation rate rose to 2.78% in July 2026 from 2.30% in the prior month. The reading remained well below the all-time high of 8.82% recorded in October 2022. The series dates back to January 1956.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 2.8% | 2.3% | 8.8%Oct 2022 | -1.0%Jul 2020 | 1956 – 2026 | Monthly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Producer Price Inflation | 2.0% | 0.4% | 29.5% | -6.2% | Apr 2026 | Monthly |
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About this series
Inflation Rate in Germany averaged 2.1% from 1990 until 2026, reaching an all-time high of 8.8% in Oct 2022 and a record low of -1.0% in Jul 2020. The series is reported monthly with history from 1956.
The Consumer Price Index (CPI) measures the average change in prices paid by consumers for a basket of goods and services. The annual inflation rate is calculated as the percentage change in the index compared with the same month a year earlier. Data are reported monthly and the series is available from January 1956.
Source & methodology
International Monetary Fund · IMF. Data is also available free of charge from the IMF
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