Harmonized Index of Consumer Prices: All-Items HICP for Germany
CP0000DEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.90
Year-over-Year Change
2.01%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Germany measures the changes in the general price level of consumer goods and services purchased by households. It is a key economic indicator used to assess inflation and guide monetary policy decisions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The HICP for Germany is a comprehensive measure of consumer price inflation, tracking a broad basket of goods and services across the country. It is harmonized with other EU member states to enable cross-country comparisons and is a critical data point for the European Central Bank's monetary policy.
Methodology
The German Federal Statistical Office collects price data from a sample of retail outlets and service providers to calculate the HICP on a monthly basis.
Historical Context
The HICP is a crucial input for policymakers and analysts monitoring Germany's economic conditions and inflationary pressures.
Key Facts
- The HICP for Germany has a base year of 2015 = 100.
- Germany's HICP reached a record high of 117.2 in June 2022.
- The HICP is published by the German Federal Statistical Office on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Germany measures the changes in the general price level of consumer goods and services purchased by households in the country.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Germany is a crucial indicator of inflation used by policymakers, economists, and market participants to assess the country's economic conditions and guide monetary policy decisions.
Q: How is this data collected or calculated?
A: The German Federal Statistical Office collects price data from a sample of retail outlets and service providers to calculate the HICP on a monthly basis.
Q: How is this trend used in economic policy?
A: The HICP for Germany is a key input for the European Central Bank's monetary policy decisions, as it helps the bank monitor inflationary pressures and make appropriate adjustments to interest rates and other policy tools.
Q: Are there update delays or limitations?
A: The HICP for Germany is published by the German Federal Statistical Office on a monthly basis, with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: All-Items HICP for Germany (CP0000DEM086NEST), retrieved from FRED.