Inflation Germany 2019

Average inflation: 1.4%

Current Inflation

Inflation is low at 1.4%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in April at 2.0%. The lowest inflation was in October at 1.1%.

Highest month
April: 2.0%
Lowest month
October: 1.1%
Difference
0.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Restaurants and hotels with an average of 2.6%. The lowest price increase was in Communication with an average of -0.7%.

Highest increase
Restaurants and hotels: 2.6%
Lowest increase
Communication: -0.7%

Historical Context

Current inflation is around the 5-year average of 1.1%.

5-year average
1.1%
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 2018, the difference is minimal (-0.4 percentage point).

Change vs. previous year
-0.4 percentage points
Largest monthly swing
October: -1.2 percentage points

ECB Target

Inflation is 0.6% 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 €101.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2019

Inflation by category

Food and non-alcoholic beverages
1.2%
-0.2vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.5%
+1.1vs avg.
More details →
Clothing and footwear
1.4%
-0.0vs avg.
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Housing, water, electricity, gas and other fuels
1.8%
+0.4vs avg.
More details →
Furnishings, household equipment and maintenance
0.8%
-0.6vs avg.
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Health
1.0%
-0.4vs avg.
More details →
Transport
1.3%
-0.1vs avg.
More details →
Communication
-0.7%
-2.1vs avg.
More details →
Recreation and culture
0.6%
-0.8vs avg.
More details →
Education
-0.3%
-1.7vs avg.
More details →
Restaurants and hotels
2.6%
+1.2vs avg.
More details →
Miscellaneous goods and services
2.2%
+0.8vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2018
January 1.4% 0.0
February 1.5% +0.4
March 1.3% -0.2
April 2.0% +0.7
May 1.4% -0.7
June 1.6% -0.3
July 1.7% -0.2
August 1.4% -0.5
September 1.2% -0.7
October 1.1% -1.2
November 1.1% -1.0
December 1.5% -0.1
Average 1.4%

Data source

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

See also