Harmonised inflation (HICP) · Germany

Germany Harmonised Inflation Rate YoY Prel

The Germany Harmonised Inflation Rate YoY Prel measures consumer price inflation in Germany using the EU's harmonised method (HICP), so that it can be compared across countries.

חשיבות
Medium
פורסם
Monthly
הפרסום הבא
מטבע
EUR · euro
בנק מרכזי
The European Central Bank (with the Bundesbank)
משפיע על
EURAUD · EURCAD · EURCHF · EURDKK · EURGBP · EURHKD · EURHUF · EURJPY

הנתונים האחרונים

הפרסום האחרון, עבור OCT, יצא ב-2026-10-30 ועמד על 2.8%. זה מתחת לקונצנזוס של 3.1%. זה ירידה מ-3.3% בפעם הקודמת.

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.

ב-12 הפרסומים האחרונים הערך נע בין 2.0% ל-3.3%, בממוצע 2.6%.

Nov 2025: 2.6%Jan 2026: 2%Jan 2026: 2.1%Feb 2026: 2%Mar 2026: 2.8%Apr 2026: 2.9%May 2026: 2.7%Jun 2026: 2.4%Jul 2026: 2.8%Aug 2026: 2.9%Sep 2026: 3.3%Oct 2026: 2.8% Nov 2025Oct 2026
תוצאות בפועל; הקו הקצר על עמודה מסמן את הקונצנזוס.
פורסםעבורבפועלקונצנזוסקודם
30 Oct 2026OCT2.8%3.1%3.3%
30 Sep 2026SEP3.3%3.1%2.9%
31 Aug 2026AUG2.9%3.1%2.8%
30 Jul 2026JUL2.8%2.8%2.4%
30 Jun 2026JUN2.4%2.6%2.7%
29 May 2026MAY2.7%2.8%2.9%
29 Apr 2026APR2.9%3.1%2.8%
30 Mar 2026MAR2.8%2.8%2%
27 Feb 2026FEB2%2.1%2.1%
30 Jan 2026JAN2.1%2%2%
6 Jan 2026DEC2%2.2%2.6%
28 Nov 2025NOV2.6%2.4%2.3%

לצפייה ביומן הכלכלי ←

למה זה חשוב

The European Central Bank's 2% target is defined on the euro area HICP. National HICP releases, especially Germany's, France's, Spain's and Italy's preliminary figures, arrive before the euro area total and move euro and bond markets as a preview.

איך זה מחושב

Each country's statistics office collects prices for a common basket and methods set by Eurostat; owner-occupied housing costs are left out, which is the main difference from many national CPIs.

HICP inflation (yoy) = HICP ÷ HICP 12 months ago − 1

מה המשמעות של שינויים

  • A national HICP above expectations raises the odds of a hawkish ECB.
  • Look at services and core components in the euro area release; energy drives most of the swings.

גבוה מהצפוי: 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.

נמוך מהצפוי: 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.

היסטוריה קצרה

The HICP was introduced in 1997 to check whether countries met the inflation criterion for joining the euro; the ECB adopted it as its target measure when the euro started in 1999.

שאלות

What is the Germany Harmonised Inflation Rate YoY Prel?

The Germany Harmonised Inflation Rate YoY Prel measures consumer price inflation in Germany using the EU's harmonised method (HICP), so that it can be compared across countries.

What was the latest Germany Harmonised Inflation Rate YoY Prel?

2.8% for OCT, published on 30 October 2026 (consensus 3.1%, previous 3.3%).

When is the next Germany Harmonised Inflation Rate YoY Prel?

On Monday 30 November 2026 at 13:00 UTC.

תוכן לימודי בלבד, לא ייעוץ השקעות. הנתונים הם התוצאות שפורסמו כפי שנרשמו ביומן שלנו; תגובות השוק המתוארות אופייניות, לא מובטחות.