germany consumer price index

View and sort all 72 Germany Consumer Price Index Indicators. The harmonised index of consumer prices were unchanged from a year earlier and by 0.5 percent fall from the previous month. The Trading Economics Application Programming Interface (API) provides direct access to our data. Unlike the national CPI, the HICP includes neither owner-occupied housing nor games of chance. Hence, the outlay of single-person households, the married couples, families and couples of pensioners as well as the foreign tourist’s expenditure is included. Data by month in table …

Consumer Price Index CPI in Germany averaged 61.70 points from 1950 until 2020, reaching an all time high of 107 points in July of 2014 and a record low of 20.50 points in July of 1950.

These types of goods are assigned weighting shares (weights), with which the various price trends are included in the computation of the total consumer price index.

May 2020. The remaining 7 percent of the index is composed by Alcoholic beverages & tobacco, Communication and Education. © 2020 Moody’s Analytics, Inc. and/or its affiliates and licensors. For all solutions offered by

-33.33%. exclusive survey of global business confidence.

Special attention is paid to ensuring the weights are up to date when calculating the HICP. The percentage change of CPI to the same month of the previous year or to the previous year is colloquially called inflation rate.The consumer price index, which is one of the main indicators for assessing monetary value trends in Germany, is used as a benchmark, e.g. Join your colleagues in participating in this © 2020 Moody’s Analytics, Inc. and/or its affiliates and licensors.

According to the domestic concept all expenditures carried out in the territory of Germany are included. Since January 2012 the aggregate weights in the HICP have been updated annually using the preliminary results of the national accounts for the year before last (t–2).

Moody’s Analytics. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The final results are released around the middle of the subsequent month. 105.6

-0.57 %. Similarly, methodological adaptations in the HICP can be implemented on an annual basis.A preliminary estimate of CPI and HICP is issued two working days before the end of the reference month, at the latest. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Inflation Rate in Germany averaged 2.35 percent from 1950 until 2020, reaching an all time high of 11.54 percent in October of 1951 and a record low of -7.62 percent in June of 1950.

Consumer Price Index CPI in Germany decreased to 106.10 points in July from 106.60 points in June of 2020.

in wage negotiations or in agreement clauses regarding the level of recurring payments.

Historical Consumer Price Index (CPI) for Germany (2010 to 2020) Last Update: July 14, 2020 Next Update: August 13, 2020

According to the domestic concept all expenditures carried out in the territory of Germany are included.

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The consumer price index (CPI) for Germany measures the average price change of all goods and services purchased by households for consumption purposes, e.g. It is also used for deflation purposes in national accounts, for example, in the context of calculating real economic growth.For European purposes, the Federal Statistical Office (FSO) additionally calculates a harmonised index of consumer prices (HICP) which measures the price trends in Germany in conformity with harmonised European concepts, methods and procedures.Calculating the consumer price index is based on a “basket” which includes all goods and services – the relevant components of consumption in Germany. However, the two baskets of goods and services contain different items and different aggregate weights are used when calculating CPI and HICP. All rights reserved. The index also includes Miscellaneous goods & services (7 percent), Furniture, lighting equipment, appliances & other household equipment (5 percent), Restaurant & accommodation services (5 percent), Health (5 percent) and Clothing & footwear (5 percent).

Germany Harmonised Inflation Rate (NSA) May 2020. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Concrete products are selected for price monitoring in the context of representative sample surveys. In Germany, the most important categories in the consumer price index are Housing, water, electricity, gas & other fuels (32 percent of the total weight), Transport (13 percent), Recreation, entertainment & culture (11 percent) and Food & non-alcoholic beverages (10 percent). The HICP for Germany is derived from the same data base as the German CPI, both concerning the monthly price survey and calculating the detailed expenditure weights contained in the weighting patterns.

Consumer Price Index (CPI), Germany, from Jan 1991 to Dec 2018. In these cities and municipalities then representative shops and there the most frequently sold goods and services are selected.

. Table - 2020 inflation Germany (CPI) inflation (monthly basis) inflation. The consumer price index (CPI) for Germany measures the average price change of all goods and services purchased by households for consumption purposes, e.g. inflation (yearly basis) inflation. Economic Data, Research, Advisory, Forecasting Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices … food, clothing, motor vehicles, rents, cleaning services, repairs, etc. 2015=100, NSA 0.50%. Hence, the outlay of single-person households, the married …

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germany consumer price index