Press release No. 499 of 29 November 2022
Consumer price index, November 2022:
+10.0% on the same month a year earlier (provisional)
-0.5% on the previous month (provisional)
Harmonised index of consumer prices, November 2022:
+11.3% on the same month a year earlier (provisional)
0.0% on the previous month (provisional)
WIESBADEN – The inflation rate in Germany is expected to be +10.0% in November 2022. The inflation rate is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. In October 2022, the inflation rate had been +10.4%. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to decline by 0.5% compared with October 2022.
| Overall index / subindex | Weight | August 2022 | September 2022 | October 2022 | November 2022 1 |
|---|---|---|---|---|---|
| per thousand | percent | ||||
| 1: Provisional figure. 2: Household energy and motor fuels. 3: Net rents and other rents. | |||||
| Overall index | 1,000 | 7.9 | 10.0 | 10.4 | 10.0 |
| Goods | 468.16 | 14.7 | 17.2 | 17.8 | 17.2 |
| including: | |||||
| Energy 2 | 103.83 | 35.6 | 43.9 | 43.0 | 38.4 |
| Food | 84.87 | 16.6 | 18.7 | 20.3 | 21.0 |
| Services | 531.84 | 2.2 | 3.6 | 4.0 | 3.7 |
| including: | |||||
| Rents 3 | 207.26 | 1.8 | 1.7 | 1.8 | 1.9 |
Energy and food prices, in particular, have increased considerably since the war started in Ukraine and have had a substantial impact on the inflation rate. In November 2022, food prices showed above-average growth (+21%) compared with the same month of the previous year. In contrast, energy prices have eased slightly but are still 38.4% higher than in the same month a year earlier.
Note: consumer price statistics revision
The consumer price index for Germany is revised and a new base year is introduced at regular intervals. With effect from reference month January 2023, the index will be rebased from 2015 to base year 2020. In this context, the results from January 2020 onwards will be recalculated. At the same time, the results using base year 2015 will be revised.
Please note the following release dates:
31 January 2023 Provisional result for January 2023
22 February 2023 Final result for January 2023 and all results recalculated from January 2020 onwards using the new 2020 base year
Inflation Calculator informs about personal rate of inflation:
Consumers can use the Personal Inflation Calculator (only in german) of the Federal Statistical Office to adapt their monthly consumption expenditure on individual product groups according to their own consumption patterns and to calculate their personal inflation rate. In addition, the Price Kaleidoscope gives an overview of the price trend and the weights of various products.
Methodological note:
The national consumer price index (CPI) and the harmonised index of consumer prices (HICP) differ in coverage and methodology. In contrast to the HICP, the CPI includes also household expenditure on owner-occupied housing, games of chance and broadcasting fees. In addition, the HICP product weights are updated annually. As the weight of housing is much smaller in the HICP basket, price increases in other product groups have a larger impact on the HICP than on the CPI.
Explanatory notes (only in german) and a methodological paper which discusses this issue are provided on the website of the Federal Statistical Office.
More information:
The final results for November 2022 will be released on 13 December 2022.
