Germany Inflation Rate — 2026 CPI Data, Trend & Outlook
Germany's inflation rate was 2.63% in May 2026, down from 2.88% the previous month. A year earlier it stood at 2.10%.
Germany's inflation rate stands at 2.63% as of May 2026. The inflation rate currently sits at 2.63% (down from 2.88% in the prior month). Across the tracked window it has ranged between -1.04% and 8.82%, and is 0.53% higher than a year ago.
The trend
Among the 193 economies tracked on this platform, Germany ranks #123 on inflation rate by latest value. It fell from 2.88% in the previous month, and compares with a year-earlier 2.10%.
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 |
|---|---|
| May 2026 | 2.63% |
| Apr 2026 | 2.88% |
| Mar 2026 | 2.72% |
| Feb 2026 | 1.90% |
| Jan 2026 | 2.08% |
| Dec 2025 | 1.83% |
| Nov 2025 | 2.34% |
| Oct 2025 | 2.33% |
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 2.63% in May 2026, down from 2.88% the previous month. A year earlier it stood at 2.10%.
Is the inflation rate rising or falling in Germany?
It fell in the latest reading — 2.63% in May 2026 versus 2.88% 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).