Inflation Germany 2016

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 December at 1.5%. The lowest inflation was in April at -0.1%.

Highest month
December: 1.5%
Lowest month
April: -0.1%
Difference
1.6 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 2.2%. The lowest price increase was in Communication with an average of -1.3%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 2.2%
Lowest increase
Communication: -1.3%

Historical Context

Current inflation is 0.6% lower than the 5-year average of 1.1%.

5-year average
1.1%
10-year average
1.4%
All-time high (2008)
2.6%
All-time low (2009)
0.3%

Trend

Inflation has remained relatively stable. Compared to 2015, the difference is minimal (+0.0 percentage point).

Change vs. previous year
+0.0 percentage points
Largest monthly swing
December: +1.3 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 2016

Inflation by category

Food and non-alcoholic beverages
0.8%
+0.3vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.2%
+1.7vs avg.
More details →
Clothing and footwear
0.8%
+0.3vs avg.
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Housing, water, electricity, gas and other fuels
-0.0%
-0.5vs avg.
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Furnishings, household equipment and maintenance
0.6%
+0.1vs avg.
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Health
1.1%
+0.6vs avg.
More details →
Transport
-1.0%
-1.5vs avg.
More details →
Communication
-1.3%
-1.8vs avg.
More details →
Recreation and culture
0.6%
+0.1vs avg.
More details →
Education
1.9%
+1.4vs avg.
More details →
Restaurants and hotels
2.2%
+1.7vs avg.
More details →
Miscellaneous goods and services
2.2%
+1.7vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2015
January 0.5% +0.8
February 0.1% +0.1
March 0.3% +0.1
April -0.1% -1.0
May 0.2% -1.0
June 0.3% -0.6
July 0.5% -0.3
August 0.4% -0.4
September 0.6% 0.0
October 0.8% -0.1
November 0.8% +0.6
December 1.5% +1.3
Average 0.5%

Data source

Data from OECD. Last updated: 13/01/2026.

See also