Inflation Germany 2017

Average inflation: 1.5%

Current Inflation

Inflation is low at 1.5%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in February at 1.9%. The lowest inflation was in May at 1.2%.

Highest month
February: 1.9%
Lowest month
May: 1.2%
Difference
0.7 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Transport with an average of 2.8%. The lowest price increase was in Communication with an average of -1.2%.

Highest increase
Transport: 2.8%
Lowest increase
Communication: -1.2%

Historical Context

Current inflation is 0.5% higher than the 5-year average of 1.0%.

5-year average
1%
10-year average
1.3%
All-time high (2008)
2.6%
All-time low (2009)
0.3%

Trend

Inflation has remained relatively stable. Compared to 2016, the difference is minimal (+1.0 percentage point).

Change vs. previous year
+1.0 percentage points
Largest monthly swing
April: +1.8 percentage points

ECB Target

Inflation is 0.5% 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 €101.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2017

Inflation by category

Food and non-alcoholic beverages
2.8%
+1.3vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.4%
+0.9vs avg.
More details →
Clothing and footwear
0.6%
-0.9vs avg.
More details →
Housing, water, electricity, gas and other fuels
1.3%
-0.2vs avg.
More details →
Furnishings, household equipment and maintenance
0.5%
-1.1vs avg.
More details →
Health
1.4%
-0.1vs avg.
More details →
Transport
2.8%
+1.3vs avg.
More details →
Communication
-1.2%
-2.7vs avg.
More details →
Recreation and culture
1.4%
-0.1vs avg.
More details →
Education
0.8%
-0.7vs avg.
More details →
Restaurants and hotels
2.1%
+0.6vs avg.
More details →
Miscellaneous goods and services
0.2%
-1.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2016
January 1.6% +1.1
February 1.9% +1.8
March 1.4% +1.1
April 1.7% +1.8
May 1.2% +1.0
June 1.4% +1.1
July 1.4% +0.9
August 1.6% +1.2
September 1.7% +1.1
October 1.3% +0.5
November 1.6% +0.8
December 1.4% -0.1
Average 1.5%

Data source

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

See also