Inflation Germany 2026
Average inflation: 2.2%
Current Inflation
Inflation is normal at 2.2%, around the ECB target.
Peak and Trough
The highest inflation was in March at 2.7%. The lowest inflation was in February at 1.9%.
- Highest month
- March: 2.7%
- Lowest month
- February: 1.9%
- Difference
- 0.8 percentage points
- Months with data
- 3 of 12
Category Insights
The highest price increase was in Transport with an average of 7.3%. The lowest price increase was in Communication with an average of 0.2%.
- Highest increase
- Transport: 7.3%
- Lowest increase
- Communication: 0.2%
Historical Context
Current inflation is 1.7% lower than the 5-year average of 3.9%.
- 5-year average
- 3.9%
- 10-year average
- 2.8%
- All-time high (2022)
- 6.9%
- All-time low (2020)
- 0.2%
Trend
Inflation has remained relatively stable. Compared to 2025, the difference is minimal (+0.0 percentage point).
- Change vs. previous year
- +0.0 percentage points
- Largest monthly swing
- March: +0.5 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2026
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2025 |
|---|---|---|
| January | 2.1% | -0.2 |
| February | 1.9% | -0.4 |
| March | 2.7% | +0.5 |
| Average | 2.2% |
Data source
Data from OECD. Last updated: 15/04/2026.Not all months available yet.