Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Germany
CPALTT01DEM659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.19
Year-over-Year Change
1.81%
Date Range
1/1/1956 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Germany measures changes in the prices of goods and services purchased by consumers. This key economic indicator provides insights into inflation and consumer spending patterns.
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 CPI for Germany, calculated using the Harmonised Index of Consumer Prices (HICP) methodology, tracks price changes across a wide range of consumer expenditures. It is a crucial gauge of the country's economic health and is closely monitored by policymakers.
Methodology
The German Federal Statistical Office collects price data from a representative sample of goods and services to calculate the CPI.
Historical Context
The CPI is used to adjust wages, rents, and social benefits, and to formulate monetary and fiscal policies.
Key Facts
- The CPI for Germany has a base year of 2015.
- Germany's CPI reached its highest level in over 70 years in 2022.
- The CPI is one of the most closely watched economic indicators in Germany.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Germany measures changes in the prices of goods and services purchased by consumers in the country.
Q: Why is this trend relevant for users or analysts?
A: The CPI is a key indicator of inflation and consumer spending, providing valuable insights for policymakers, businesses, and individuals.
Q: How is this data collected or calculated?
A: The German Federal Statistical Office collects price data from a representative sample of goods and services to calculate the CPI.
Q: How is this trend used in economic policy?
A: The CPI is used to adjust wages, rents, and social benefits, and to formulate monetary and fiscal policies in Germany.
Q: Are there update delays or limitations?
A: The CPI for Germany is released on a monthly basis, with minimal delays, providing timely information on consumer price trends.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Germany (CPALTT01DEM659N), retrieved from FRED.