Destatis puts Germany's inflation rate at +2.8%, with core inflation at +2.1%

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Destatis puts Germany's inflation rate at +2.8%, with core inflation at +2.1%

30 October 2026

Germany's Federal Statistical Office (Destatis) has issued its first, provisional estimate of inflation for October 2026. It expects the inflation rate to be +2.8%, measured as the change in the consumer price index (CPI) over the same month a year earlier. Compared with the previous month, consumer prices are estimated to have fallen by 0.2%. Core inflation, which leaves out food and energy, is put at +2.1%. Energy prices are estimated 12.2% higher than a year ago, a slightly slower rise than in September (+14.9%). Destatis also publishes a harmonised index of consumer prices (HICP), which also showed +2.8%; the HICP is the yardstick used to compare prices across the euro area. Final figures follow later, once all the price data are in.

Inflation rate (CPI, provisional): +2.8% Core inflation: +2.1% Energy prices, year on year: 12.2% Change on previous month: -0.2%

Why it matters for exams: Destatis, the CPI, core inflation and the euro-area HICP are standard economy terms in UPSC and banking papers.

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30 October 2026 Source: Federal Statistical Office of Germany (Destatis)

In plain words

Destatis Statistisches Bundesamt (Federal Statistical Office of Germany) — Germany's national statistics agency, based in Wiesbaden.

CPI Consumer price index — An index tracking the prices households pay for a fixed basket of goods and services.

Core inflation Inflation excluding food and energy — Inflation measured without the volatile food and energy prices.

HICP Harmonised index of consumer prices — The common inflation measure used to compare prices across the euro area.