Germany August preliminary CPI +2.2% vs +2.1% y/y expected

  • Latest data released by Destatis - 29 August 2025
Germany Flag IL
  • Prior +2.0%
  • HICP +2.1% vs +2.0% y/y expected
  • Prior +1.8%

The state readings, which were firmer than estimated, from earlier can be found here. Core annual inflation remains unchanged for a third straight month at 2.7%. That is still on the higher side as it holds above the ECB's 2% target, so more work needs to be done in getting that lower. That especially with German consumers continuing to feel the pinch.

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