Germany Inflation Rate — 2026 CPI Data, Trend & Outlook
Germany's inflation rate was 2.86% in August 2026, up from 2.78% the previous month. A year earlier it stood at 2.17%.
Germany's inflation rate stands at 2.86% as of August 2026. The inflation rate currently sits at 2.86% (up from 2.78% in the prior month). Across the tracked window it has ranged between -1.04% and 8.82%, and is 0.69% higher than a year ago.
The trend
Among the 193 economies tracked on this platform, Germany ranks #109 on inflation rate by latest value. It rose from 2.78% in the previous month, and compares with a year-earlier 2.17%.
What's driving it
Inflation is shaped by energy and food prices, the exchange rate, wage growth and the stance of monetary policy; central banks lift interest rates to cool it and ease when it falls back toward target.
Recent readings
| Period | Inflation rate |
|---|---|
| Aug 2026 | 2.86% |
| Jul 2026 | 2.78% |
| Jun 2026 | 2.30% |
| May 2026 | 2.63% |
| Apr 2026 | 2.88% |
| Mar 2026 | 2.72% |
| Feb 2026 | 1.90% |
| Jan 2026 | 2.08% |
Data: Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the Inflation Rate in Germany Right Now (2026)?
Germany's inflation rate was 2.86% in August 2026, up from 2.78% the previous month. A year earlier it stood at 2.17%.
Is the inflation rate rising or falling in Germany?
It rose in the latest reading — 2.86% in August 2026 versus 2.78% a month earlier. Year on year it is higher.
What is inflation rate?
It measures how fast consumer prices are rising, measured by the consumer price index (CPI).