Press Expected inflation rate for June 2020: +0.9%

Press release No. 239 of 29 June 2020

Consumer price index, June 2020:
+0.9% on the same month a year earlier (provisional)
+0.6% on the previous month (provisional)

Harmonised index of consumer prices, June 2020:
+0.8% on the same month a year earlier (provisional)
+0.7% on the previous month (provisional)

WIESBADEN – The inflation rate in Germany, measured as the year-on-year change in the consumer price index, is expected to be 0.9% in June 2020. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to increase by 0.6% on May 2020.

Year-on-year change in the consumer price index
regarding selected product groups
Overall index / subindexWeightMarch
2020
April
2020
May
2020
June
2020 1
in per millin percent
1: Provisional figure.
2: Household energy and motor fuels.
3: Net rents and other rents.
Overall index1,0001.40.90.60.9
Goods468.161.30.3-0.40.2
including:
Energy 2103.83-0.9-5.8-8.5-6.2
Food84.873.74.84.54.4
Services531.841.41.31.31.4
including:
Rents 3207.261.51.41.41.4

On 30 June the Statistical Office of the European Union (Eurostat) will issue the euro area inflation flash estimate for June 2020.

For information on the consequences of the corona crisis for price collection please refer to our methodological paper.

The final results for June 2020 will be released on 14 July 2020.

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