Inflation Rate and Consumer Price Index
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German inflation rate

Germany inflation summary for August 2023

Updated: September 8, 2023
Next update: October 11, 2023

Current Germany inflation rate

August 2023
6.1%
The Consumer Price Index for Germany is 117.5 for the month of August 2023. The inflation rate year over year is 6.1% (compared to 6.2% for the previous month). Inflation from July 2023 to August 2023 was 0.3%.

Previous Germany Inflation Rate

July 2023 to August 2023
0.3%

Month-to-Month Germany Inflation Rate

July 2023
6.2%

Recent inflation rates for Germany

YearjanfebmaraprmayjunjulaugsepoctnovdecAnnual
20238.7%8.7%7.4%7.2%6.1%6.4%6.2%6.1%
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%
20191.4%1.5%1.3%2.0%1.4%1.6%1.7%1.4%1.2%1.1%1.1%1.5%1.4%
All inflation rates are calculated using the Germany Consumer Price Index (CPI) series.