Inflation Germany 2015

Average inflation: 0.5%

Current Inflation

Inflation is very low at 0.5%, well below the ECB target.

Peak and Trough

The highest inflation was in May at 1.2%. The lowest inflation was in January at -0.3%.

Highest month
May: 1.2%
Lowest month
January: -0.3%
Difference
1.5 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Recreation and culture with an average of 3.5%. The lowest price increase was in Transport with an average of -1.5%.

Highest increase
Recreation and culture: 3.5%
Lowest increase
Transport: -1.5%

Historical Context

Current inflation is 0.9% lower than the 5-year average of 1.4%.

5-year average
1.4%
10-year average
1.5%
All-time high (2008)
2.6%
All-time low (2009)
0.3%

Trend

Inflation has remained relatively stable. Compared to 2014, the difference is minimal (-0.4 percentage point).

Change vs. previous year
-0.4 percentage points
Largest monthly swing
January: -1.6 percentage points

ECB Target

Inflation is 1.5% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2015

Inflation by category

Food and non-alcoholic beverages
0.6%
+0.1vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.6%
+2.1vs avg.
More details →
Clothing and footwear
0.1%
-0.4vs avg.
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Housing, water, electricity, gas and other fuels
-0.4%
-0.9vs avg.
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Furnishings, household equipment and maintenance
0.8%
+0.3vs avg.
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Health
1.5%
+1.0vs avg.
More details →
Transport
-1.5%
-2.0vs avg.
More details →
Communication
-1.3%
-1.8vs avg.
More details →
Recreation and culture
3.5%
+3.0vs avg.
More details →
Education
-0.2%
-0.7vs avg.
More details →
Restaurants and hotels
2.8%
+2.3vs avg.
More details →
Miscellaneous goods and services
1.3%
+0.8vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2014
January -0.3% -1.6
February 0.0% -1.2
March 0.2% -0.8
April 0.9% -0.4
May 1.2% +0.3
June 0.9% -0.1
July 0.8% 0.0
August 0.8% 0.0
September 0.6% -0.2
October 0.9% +0.1
November 0.2% -0.4
December 0.2% 0.0
Average 0.5%

Data source

Data from OECD. Last updated: 11/01/2026.

See also