Monthly inflation · Germany

Germany Inflation Rate MoM Prel

The Germany Inflation Rate MoM Prel is the change in consumer prices in Germany from the previous month (or quarter).

Importance
Medium
Publié
Monthly
Prochaine publication
Devise
EUR · euro
Banque centrale
The European Central Bank (with the Bundesbank)
Influence
EURAUD · EURCAD · EURCHF · EURDKK · EURGBP · EURHKD · EURHUF · EURJPY

Derniers chiffres

La dernière publication, pour OCT, est parue le 2026-10-30 et s’est établie à -0.2%. C’est en dessous du consensus de 0.1%. C’est moins que 0.6% la fois précédente.

A lower figure than expected gives the European Central Bank (with the Bundesbank) room to cut or hold rates lower: the euro tends to soften and bond yields to fall.

Sur les 12 dernières publications, la valeur est allée de -0.3% à 1.1%, avec une moyenne de 0.2%.

Nov 2025: -0.2%Jan 2026: 0.0%Jan 2026: 0.1%Feb 2026: 0.2%Mar 2026: 1.1%Apr 2026: 0.6%May 2026: -0.2%Jun 2026: -0.3%Jul 2026: 0.8%Aug 2026: 0.2%Sep 2026: 0.6%Oct 2026: -0.2% Nov 2025Oct 2026
Résultats réels ; le petit trait sur une barre indique le consensus.
PubliéPourRéelConsensusPrécédent
30 Oct 2026OCT-0.2%0.1%0.6%
30 Sep 2026SEP0.6%0.5%0.2%
31 Aug 2026AUG0.2%0.3%0.8%
30 Jul 2026JUL0.8%0.7%-0.3%
30 Jun 2026JUN-0.3%0%-0.2%
29 May 2026MAY-0.2%0.1%0.6%
29 Apr 2026APR0.6%0.7%1.1%
30 Mar 2026MAR1.1%1.1%0.2%
27 Feb 2026FEB0.2%0.5%0.1%
30 Jan 2026JAN0.1%0%0%
6 Jan 2026DEC0.0%0.2%-0.2%
28 Nov 2025NOV-0.2%-0.3%0.3%

Voir dans le calendrier économique →

Pourquoi c’est important

The monthly change is the freshest reading of price pressure: the yearly rate is the sum of the last twelve monthly changes, so today's monthly figure tells you where the yearly rate is heading.

Mode de calcul

the Federal Statistical Office (Destatis) prices a fixed basket of goods and services across the country and compares the index with the previous period. Seasonal patterns (sales, holidays) make raw monthly figures jumpy; some countries also publish seasonally adjusted numbers.

Monthly inflation = index(this month) ÷ index(last month) − 1
Annualised ≈ (1 + monthly)¹² − 1

Ce que signifient les variations

  • Compare with the same month in earlier years: January and September often have seasonal jumps.
  • 0.2% a month is about the 2% a year most central banks aim for.

Supérieur aux attentes : A higher figure than expected makes the European Central Bank (with the Bundesbank) more likely to keep rates high or raise them: it tends to support the euro and push bond yields up, and is often a weight on stocks.

Inférieur aux attentes : A lower figure than expected gives the European Central Bank (with the Bundesbank) room to cut or hold rates lower: the euro tends to soften and bond yields to fall.

Un bref historique

Monthly price indexes date from the early 20th century; many countries began publishing them during or after the First World War to adjust wages to the cost of living.

Questions

What is the Germany Inflation Rate MoM Prel?

The Germany Inflation Rate MoM Prel is the change in consumer prices in Germany from the previous month (or quarter).

What was the latest Germany Inflation Rate MoM Prel?

-0.2% for OCT, published on 30 October 2026 (consensus 0.1%, previous 0.6%).

When is the next Germany Inflation Rate MoM Prel?

On Monday 30 November 2026 at 13:00 UTC.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.