Germany’s consumer price inflation stood at 2.4% in September 2025, in line with flash estimates and up from 2.2% in August, marking the fastest pace so far this year. Inflation for goods accelerated slightly (1.4% vs 1.3% in August), though food prices moderated (2.1% vs 2.5%), despite notable increases in fruit (5.1%), sugar and confectionery (6.5%), and dairy products and eggs (3.6%). Energy prices continued to decline, though at a slower rate (-0.7% vs -2.4%), led by lower prices for heating oil (-2.2%) and electricity (-1.6%). In contrast, services inflation rose to 3.4% from 3.1%, driven by sharp increases in passenger transport (11.2%) and social services (8.2%). Core inflation—which excludes food and energy—edged up to 2.8% from 2.7%. On a monthly basis, consumer prices rose by 0.2%, following a 0.1% increase in August. The EU-harmonised inflation rate also accelerated to 2.4% year-on-year (up from 2.1%) and rose 0.2% month-on-month (vs 0.1%).
