Current inflation Deutschland 3.3%

September 2026

Current Inflation

Inflation is high at 3.3%, well above the ECB target.

Historical Context

Inflation is 0.7 percentage points lower than the 5-year average of 4.0%.

5-year average
4%
10-year average
2.8%
All-time high (2022)
6.9%
All-time low (1986)
-0.1%

Trend

Over the period 2024-2026, inflation has remained relatively stable. Compared to 2025, average inflation in 2026 through September has risen by 0.4 percentage points.

ECB Target

Inflation is 1.3 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

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 €103.30 next year at this inflation rate.

Last 12 months

5-year trend

Statistics

Average 2026 through September
2.6%
Last year
2.2%
5-year average
4.0%
All-time high (2022)
6.9%