Consumer price index, October 2024:
+2.0% on the same month a year earlier (provisional)
+0.4% on the previous month (provisional)

Harmonised index of consumer prices, October 2024:
+2.4% on the same month a year earlier (provisional)
+0.4% on the previous month (provisional)

WIESBADEN – The inflation rate in Germany is expected to be 2.0% in October 2024. It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices will increase by 0.4% on September 2024. The inflation rate excluding food and energy, often referred to as core inflation, is expected to be 2.9%.

Source: DESTATIS
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