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Harmonised inflation (HICP) · Germany

Germany Harmonised Inflation Rate YoY Final

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

重要性
Medium
发布时间
Monthly
下次发布
货币
EUR · euro
中央银行
The European Central Bank (with the Bundesbank)
影响
EURAUD · EURCAD · EURCHF · EURDKK · EURGBP · EURHKD · EURHUF · EURJPY

最新数据

最新一期（SEP）于 2026-10-13 公布，数值为 3.3%。 与 3.3% 的市场预期一致。 高于上次的 2.9%。

符合预期的结果通常反应不大：已被市场消化。

最近 12 次公布中介于 2.0% 至 3.3%，平均 2.6%。 已连续三次公布上升。

Nov 2025: 2.3%Dec 2025: 2.6%Jan 2026: 2%Feb 2026: 2.1%Mar 2026: 2%Apr 2026: 2.8%May 2026: 2.9%Jun 2026: 2.7%Jul 2026: 2.4%Aug 2026: 2.8%Sep 2026: 2.9%Oct 2026: 3.3% Nov 2025Oct 2026
实际结果；柱上的短线标示市场预期。
发布时间期限实际值预期值前值
13 Oct 2026SEP3.3%3.3%2.9%
10 Sep 2026AUG2.9%2.9%2.8%
12 Aug 2026JUL2.8%2.8%2.4%
10 Jul 2026JUN2.4%2.4%2.7%
12 Jun 2026MAY2.7%2.7%2.9%
12 May 2026APR2.9%2.9%2.8%
10 Apr 2026MAR2.8%2.8%2%
11 Mar 2026FEB2%2%2.1%
17 Feb 2026JAN2.1%2.1%2%
16 Jan 2026DEC2%2%2.6%
12 Dec 2025NOV2.6%2.6%2.3%
12 Nov 2025OCT2.3%2.3%2.4%

在财经日历中查看 →

为何重要

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.

计算方法

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

变化意味着什么

  • 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.

高于预期：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.

低于预期：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.

简史

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.

问题

What is the Germany Harmonised Inflation Rate YoY Final?

The Germany Harmonised Inflation Rate YoY Final 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 Final?

3.3% for SEP, published on 13 October 2026 (consensus 3.3%, previous 2.9%).

When is the next Germany Harmonised Inflation Rate YoY Final?

On Wednesday 11 November 2026 at 07:00 UTC.

仅供学习参考，不构成投资建议。数据为我们日历记录的已发布结果；所述市场反应为典型情况，并无保证。