Germany's consumer price index (CPI) is expected to rise 2.3% year-on-year in November 2025, according to provisional data from the Federal Statistical Office (Destatis). Compared with October 2025, consumer prices are estimated to have declined slightly by 0.2%.
Excluding volatile items such as food and energy, the core inflation rate is expected to stand at 2.7%, indicating persistent underlying price pressures.
© Brightdawn | Dreamstime
Breakdown by product groups (year-on-year change, provisional):
- Services: +3.5%
- Goods: +1.1%
- Energy: -0.1%
The figures show a continued moderation in price growth for goods, particularly energy and food, while service prices remain elevated. The harmonised index of consumer prices (HICP), used for Eurozone monetary policy, indicates a slightly higher year-on-year increase of 2.6%, with a month-on-month decrease of 0.5%.
Destatis emphasises that the CPI and HICP differ in coverage, methodology, and weighting: the CPI includes owner-occupied housing, broadcasting fees, and games of chance, while HICP weights are updated annually.
The final November 2025 results will be published on 12 December 2025. Consumers can calculate their personal inflation rate using Destatis' Personal Inflation Calculator, which adjusts for individual consumption patterns.
More information:
Destatis
www.destatis.de
