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German inflation rate at +2.6% in May 2026
The inflation rate in Germany, measured as the year-on-year change in the consumer price index (CPI), stood at +2.6% in May 2026. The rise in overall consumer prices therefore slowed, after having stood at +2.9% in April 2026 and +2.7% in March 2026. "The inflation rate in May 2026 was somewhat lower than in the previous months. Energy prices remained at a high level as a result of the Iran war, although the reduction in the tax on motor fuels, which has applied since the start of May, is likely to have had a dampening effect on the rise in prices", says Ruth Brand, President of the Federal Statistical Office ... (full story)
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