Consumer prices in December 2016: expected rise of 1.7% on December 2015

WIESBADEN- The inflation rate in Germany as measured by the consumer price index is expected to be 1.7% in December 2016. Compared with November 2016, consumer prices are expected to increase by 0.7%. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that, on an annual average, the inflation rate is expected to stand at 0.5% in 2016.

Overall index / subindex	Weight	September 2016	October 2016	November 2016	December 2016
	in per mill	in percent
Provisional figure. Household energy and motor fuels. Net rents exclusive of heating expenses.
Overall index	1000	0.7	0.8	0.8	1.7
Goods	479.77	-0.1	0.4	0.5	1.8
including:
Energy	106.56	-3.6	-1.4	-2.7	2.5
Food	90.52	0.4	0.0	1.2	2.5
Services	520.23	1.3	1.3	1.1	1.5
including:
Rents	209.93	1.3	1.4	1.4	1.5

In December 2016, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 1.7% year on year and 1.0% on November 2016. On an annual average the harmonised index of consumer prices is expected to be up 0.4% in 2016 as compared with a year earlier.

The final results for December 2016 will be released on 18 January 2017.

For further information:
Thomas Krämer,
tel: +49 (0) 611 / 75 29 59,
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