Germany EUR

Germany Inflation Rate MoM Final

Info

History

Chart

Impact:

Low

Source: Federal Statistical Office

Latest Release:

Date:

Actual:

Forecast: 0%

Previous/Revision:

0.1%

Period: Jun

Next Release:

Date:

Forecast: 0.3%

Period: Jul

What Does It Measure?

The Germany Inflation Rate measures the change in price levels of a basket of consumer goods and services purchased by households, explicitly indicative of inflation. It primarily focuses on key areas such as consumer purchasing power, cost of living adjustments, and economic health, with a consideration that values above 0% indicate inflation and below indicate deflation, as it applies at the national level.

Frequency

This report is released monthly, typically as a final figure on the first working day of the month following the reported month.

Why Do Traders Care?

Traders monitor the inflation rate because it directly influences monetary policy decisions made by the European Central Bank, affecting asset classes like the euro, equities, and bonds. Higher-than-expected inflation readings may lead to expectations of interest rate hikes, positively impacting certain currencies and negatively influencing stock markets, while lower-than-expected figures can have the opposite effect.

What Is It Derived From?

The inflation rate is calculated based on the Consumer Price Index (CPI), which aggregates data from a wide-ranging survey of household expenditures on various goods and services. This index follows industry standards that use a basket of representative items, which are weighted according to their consumption share, ensuring a comprehensive assessment of price changes.

Description

The Germany Inflation Rate is reported as a month-over-month (MoM) change, making it particularly useful for identifying recent trends and short-term price shifts in consumer costs. This short-term measure allows traders to gauge immediate economic conditions, while the final report provides a more accurate reflection of inflation trends after accounting for any revisions in preliminary estimates.

Additional Notes

The inflation rate serves as a critical coincident economic indicator that reflects current economic conditions and guides monetary policy adjustments. Moreover, it is often compared against other economic indicators like wage growth and producer price indices to provide deeper insights into inflationary pressures and overall economic health.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for EUR, Bearish for Stocks. Lower than expected: Bearish for EUR, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Jul 10, 2025	0%	0%	0.1%
Jun 13, 2025	0.1%	0.1%	0.4%
May 14, 2025	0.4%	0.4%	0.3%
Apr 11, 2025	0.3%	0.3%	0.4%
Mar 14, 2025	0.4%	0.4%	-0.2%
Feb 13, 2025	-0.2%	-0.2%	0.5%
Jan 16, 2025	0.5%	0.4%	-0.2%	0.1%
Dec 10, 2024	-0.2%	-0.2%	0.4%
Nov 12, 2024	0.4%	0.4%	0%
Oct 11, 2024	0%	0%	-0.1%
Sep 10, 2024	-0.1%	-0.1%	0.3%
Aug 09, 2024	0.3%	0.3%	0.1%
Jul 11, 2024	0.1%	0.1%	0.1%
Jun 12, 2024	0.1%	0.1%	0.5%
May 14, 2024	0.5%	0.5%	0.4%
Apr 12, 2024	0.4%	0.4%	0.4%
Mar 12, 2024	0.4%	0.4%	0.2%
Feb 09, 2024	0.2%	0.2%	0.1%
Jan 16, 2024	0.1%	0.1%	-0.4%
Dec 08, 2023	-0.4%	-0.4%	0%
Nov 08, 2023	0%	0%	0.3%
Oct 11, 2023	0.3%	0.3%	0.3%
Sep 08, 2023	0.3%	0.3%	0.3%
Aug 08, 2023	0.3%	0.3%	0.3%
Jul 11, 2023	0.3%	0.3%	-0.1%
Jun 13, 2023	-0.1%	-0.1%	0.4%
May 10, 2023	0.4%	0.4%	0.8%
Apr 13, 2023	0.8%	0.8%	0.8%
Mar 10, 2023	0.8%	0.8%	1%
Feb 22, 2023	1%	1%	-0.4%
Jan 17, 2023	-0.8%	-0.8%	-0.5%
Dec 13, 2022	-0.5%	-0.5%	0.9%
Nov 11, 2022	0.9%	0.9%	1.9%
Oct 13, 2022	1.9%	1.9%	0.3%
Sep 13, 2022	0.3%	0.3%	0.9%
Aug 10, 2022	0.9%	0.9%	0.1%
Jul 13, 2022	0.1%	0.1%	0.9%
Jun 14, 2022	0.9%	0.9%	0.8%
May 11, 2022	0.8%	0.8%	2.5%
Apr 12, 2022	2.5%	2.5%	0.9%
Mar 11, 2022	0.9%	0.9%	0.4%
Feb 11, 2022	0.4%	0.4%	0.5%
Jan 19, 2022	0.5%	0.5%	-0.2%
Dec 10, 2021	-0.2%	-0.2%	0.5%
Nov 10, 2021	0.5%	0.5%	0%
Oct 13, 2021	0%	0%	0%
Sep 10, 2021	0%	0%	0.9%
Aug 11, 2021	0.9%	0.9%	0.4%
Jul 13, 2021	0.4%	0.4%	0.5%
Jun 15, 2021	0.5%	0.5%	0.7%
May 12, 2021	0.7%	0.7%	0.5%
Apr 15, 2021	0.5%	0.5%	0.7%
Mar 12, 2021	0.7%	0.7%	0.8%
Feb 10, 2021	0.8%	0.8%	0.5%
Jan 19, 2021	0.5%	0.5%	-0.8%
Dec 11, 2020	-0.8%	-0.8%	0.1%
Nov 12, 2020	0.1%	0.1%	-0.2%
Oct 13, 2020	-0.2%	-0.2%	-0.1%
Sep 11, 2020	-0.1%	-0.1%	-0.5%
Aug 13, 2020	-0.5%	-0.5%	0.6%
Jul 14, 2020	0.6%	0.6%	-0.1%
Jun 16, 2020	-0.1%	-0.1%	0.4%
May 14, 2020	0.4%	0.3%	0.1%	0.1%
Apr 16, 2020	0.1%	0.1%	0.4%
Mar 13, 2020	0.4%	0.4%	-0.6%
Feb 13, 2020	-0.6%	-0.6%	0.5%
Jan 16, 2020	0.5%	0.5%	-0.8%
Dec 12, 2019	-0.8%	-0.8%	0.1%
Nov 13, 2019	0.1%	0.1%	0%
Oct 11, 2019	0%	0%	-0.2%
Sep 12, 2019	-0.2%	-0.2%	0.5%
Aug 13, 2019	0.5%	0.5%	0.3%
Jul 11, 2019	0.3%	0.3%	0.2%
Jun 13, 2019	0.2%	0.2%	1%
May 14, 2019	1%	1%	0.4%
Apr 11, 2019	0.4%	0.4%	0.4%
Mar 14, 2019	0.4%	0.5%	-0.8%	-0.1%
Feb 21, 2019	-0.8%	-0.8%	0%
Jan 16, 2019	0.1%	0.1%	0.1%
Dec 13, 2018	0.1%	0.1%	0.2%
Nov 13, 2018	0.2%	0.2%	0.4%
Oct 12, 2018	0.4%	0.4%	0.1%
Sep 13, 2018	0.1%	0.1%	0.3%
Aug 14, 2018	0.3%	0.3%	0.1%
Jul 12, 2018	0.1%	0.3%	0.5%	-0.2%
Jun 14, 2018	0.5%	0.5%	0%
May 16, 2018	0%	0%	0.4%
Apr 13, 2018	0.4%	0.4%	0.5%
Mar 14, 2018	0.5%	0.5%	-0.7%
Feb 14, 2018	-0.7%	-0.7%	0.6%
Jan 16, 2018	0.6%	0.6%	0.3%
Dec 13, 2017	0.3%	0.3%	0%
Nov 14, 2017	0%	0%	0.1%
Oct 13, 2017	0.1%	0.1%	0.1%
Sep 13, 2017	0.1%	0.1%	0.1%
Aug 11, 2017	0.4%	0.4%	0.2%
Jul 13, 2017	0.2%	0.2%	-0.2%
Jun 14, 2017	-0.2%	-0.2%	0%
May 12, 2017	0%	0%	0.2%
Apr 13, 2017	0.2%	0.2%	0.6%
Mar 14, 2017	0.6%	0.6%	-0.6%
Feb 14, 2017	-0.6%	-0.6%	0.7%
Jan 18, 2017	0.7%	0.7%	0.1%
Dec 13, 2016	0.1%	0.1%	0.2%
Nov 11, 2016	0.2%	0.2%	0.1%
Oct 13, 2016	0.1%	0.1%	0%
Sep 13, 2016	0%	0%	0.3%
Aug 12, 2016	0.3%	0.3%	0.1%
Jul 12, 2016	0.1%	0.1%	0.3%
Jun 10, 2016	0.3%	0.3%	-0.4%
May 13, 2016	-0.4%	-0.4%	0.8%
Apr 12, 2016	0.8%	0.8%	0.4%
Mar 11, 2016	0.4%	0.4%	-0.8%
Feb 12, 2016	-0.8%	-0.8%	-0.1%
Jan 19, 2016	-0.1%	-0.1%	0.1%
Dec 11, 2015	0.1%	0.1%	0%
Nov 12, 2015	0%	0%	-0.2%
Oct 13, 2015	-0.2%	-0.2%	0%
Sep 11, 2015	0%	0%	0.2%
Aug 13, 2015	0.2%	0.2%	-0.1%
Jul 14, 2015	-0.1%	-0.1%	0.1%
Jun 16, 2015	0.1%	0.1%	0%
May 13, 2015	0%	-0.1%	-0.1%	0.1%