Makrognosis

Germany Core Inflation Rate

MonthlyNot seasonally adjustedCode DE.CPICORE.M.NSA

Latest (y/y)2.3%October 2026
Previous (y/y)2.5%September 2026
Level103.5October 2026

Germany Core Inflation Rate was up 2.3% year on year in October 2026, compared with 2.5% in September 2026.

The level stood at 103.5 (index).

Among the 50 economies Makrognosis covers on this measure, it is the 14th lowest.

Over the past ten years it has ranged from −0.1% (Dec 2020) to 6.2% (Aug 2023), averaging 2.4%.

Germany Core Inflation Rate, annual % change, Jan 1997 – Oct 2026−2%0%2%4%6%200020052010201520202025Robomacro
Germany Core Inflation Rate, annual % change, Jan 1997 – Oct 2026. Source: Eurostat (Statistical Office of the European Union).
Germany Core Inflation Rate, level (index)60708090100200020052010201520202025Robomacro
Germany Core Inflation Rate, level (index).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
October 2026103.52.3
September 2026103.42.5
August 2026103.22.6
July 2026103.12.6
June 2026102.62.5
May 2026102.42.6
April 2026102.02.3
March 2026101.62.5
February 2026100.92.5
January 2026100.52.4
December 2025100.92.5
November 2025100.63.0
October 2025101.22.7
September 2025100.82.6
August 2025100.62.4
July 2025100.52.3
June 2025100.12.6
May 202599.862.7
April 202599.733.1
March 202599.102.8
February 202598.483.1
January 202598.103.6
December 202498.463.4
November 202497.693.1

Last 24 observations. The full history (370 observations) is available through the API.

Get Germany Core Inflation Rate in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/DE.CPICORE.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/DE.CPICORE.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationOctober 2026
First observationJanuary 1996
Observations370
FrequencyMonthly
Unitsindex
AdjustmentNot seasonally adjusted
10-year high6.2% (Aug 2023)
10-year low−0.1% (Dec 2020)
10-year average2.4%
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeDE.CPICORE.M.NSA

Core Inflation Rate: how Germany compares

#EconomyPeriodLatest
1ArgentinaSep 202631.6%
2TurkeyOct 202628.5%
3RomaniaSep 20267.0%
4IcelandSep 20266.8%
5KosovoSep 20266.2%
32United KingdomSep 20262.8%
33BelgiumOct 20262.7%
34NorwayOct 20262.7%
35MaltaOct 20262.4%
36AlbaniaSep 20262.4%
37GermanyOct 20262.3%
38ItalyOct 20262.3%
39JapanSep 20262.2%
40SingaporeSep 20262.0%
41LuxembourgOct 20262.0%
42FranceOct 20262.0%
43SloveniaOct 20261.9%

Core Inflation Rate by country: all 50 economies ranked →

Other Germany indicators

Germany GDP (Gross Domestic Product)Germany Gross domestic product, Current prices, million EURGermany Inflation Rate (CPI)Germany Unemployment RateGermany 10-Year Government Bond YieldGermany Credit Rating & Sovereign Risk ScoreGermany Industrial ProductionGermany Retail SalesGermany Producer Price Inflation (PPI)Germany Current account balance (BPM6, vs rest of world), not seasonally adjustedGermany Current account balance, % of GDPGermany Trade Balance: Goods & ServicesGermany Exports of goods and services, Current prices, million EURGermany Exports of goods and services, chain-linked volumeGermany Exports of goods, total (World), calendar+seasonally adjustedGermany Imports of goods and services, Current prices, million EUR

FAQ

What is the current core Inflation Rate in Germany?
The latest reading is 2.3% year on year for October 2026, published by Eurostat (Statistical Office of the European Union).
Where does this data come from?
It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code DE.CPICORE.M.NSA.

Last updated 2026-11-08. Source: Eurostat (Statistical Office of the European Union). Original title: “Germany HICP: Core (excl. energy, food, alcohol & tobacco) (2025=100)”.