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.
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.