Germany inflation rate for 2023 was 5.95%, a 0.93% decline from 2022.
Germany inflation rate for 2022 was 6.87%, a 3.81% increase from 2021.
Germany inflation rate for 2021 was 3.07%, a 2.92% increase from 2020.
Germany inflation rate for 2020 was 0.14%, a 1.3% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
