May 5, 2023

Consumer price index, April 2023:
+7.2% on the same month a year earlier (provisional)
+0.4% on the previous month (provisional)

Harmonised index of consumer prices, April 2023:
+7.6% on the same month a year earlier (provisional)
+0.6% on the previous month (provisional)

The inflation rate in Germany is expected to be +7.2% in April 2023. It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. The inflation rate thus declined once again in April 2023 (March 2023: +7.4% and February 2023: +8.7%). Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to increase by 0.4% on March 2023.


Source: DESTATIS
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