Inflation Rate and Consumer Price Index
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German inflation rate

Germany inflation summary for May 2024

Updated: June 12, 2024
Next update: July 11, 2024

Current Germany inflation rate

May 2024
2.4%
The Consumer Price Index for Germany is 119.3 for the month of May 2024. The inflation rate year over year is 2.4% (compared to 2.2% for the previous month). Inflation from April 2024 to May 2024 was 0.1%.

Previous Germany Inflation Rate

April 2024 to May 2024
0.1%

Month-to-Month Germany Inflation Rate

April 2024
2.2%

Recent inflation rates for Germany

YearjanfebmaraprmayjunjulaugsepoctnovdecAnnual
20242.9%2.5%2.2%2.2%2.4%
20238.7%8.7%7.4%7.2%6.1%6.4%6.2%6.1%4.5%3.8%3.2%3.7%5.9%
20224.2%4.3%5.9%6.2%7.0%6.7%6.7%7.0%8.6%8.8%8.8%8.1%6.9%
20211.2%1.5%1.8%2.0%2.2%2.4%3.7%3.8%4.1%4.4%4.8%4.9%3.1%
2020-3.5%-3.6%-3.7%-4.6%-4.7%-4.9%-6.1%-5.9%-5.9%-5.8%-5.3%-5.7%-5.0%
All inflation rates are calculated using the Germany Consumer Price Index (CPI) series.