Germany - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Germany was 116.99 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 116.99 in 2021 and a minimum value of 24.65 in 1960.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 24.65
1961 25.21
1962 25.93
1963 26.70
1964 27.32
1965 28.21
1966 29.20
1967 29.73
1968 30.17
1969 30.74
1970 31.80
1971 33.47
1972 35.31
1973 37.79
1974 40.43
1975 42.82
1976 44.64
1977 46.30
1978 47.56
1979 49.48
1980 52.18
1981 55.49
1982 58.40
1983 60.32
1984 61.77
1985 63.05
1986 62.96
1987 63.12
1988 63.93
1989 65.70
1990 67.48
1991 70.21
1992 73.76
1993 77.06
1994 79.13
1995 80.48
1996 81.65
1997 83.23
1998 83.99
1999 84.48
2000 85.70
2001 87.40
2002 88.64
2003 89.56
2004 91.05
2005 92.46
2006 93.92
2007 96.07
2008 98.60
2009 98.91
2010 100.00
2011 102.08
2012 104.13
2013 105.69
2014 106.65
2015 107.20
2016 107.73
2017 109.35
2018 111.25
2019 112.85
2020 113.43
2021 116.99

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices