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German Flash Annual Inflation Eases to 2.8% in October

MT Newswires·10/30/2026 09:08:59
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09:08 AM EDT, 10/30/2026 (MT Newswires) -- Germany's annual inflation rate fell to 2.8% in October from 3.3% in September, according to provisional data from the country's Federal Statistical Office published Friday. The latest reading is below the consensus estimate of 3%. On a monthly basis, consumer prices were down 0.2%, against the previous 0.6% rise and the expected 0.1% uptick. The annual harmonized inflation rate was 2.8%, compared with the prior 3.3% and the market forecast of 3.1%. Meanwhile, harmonized consumer prices ticked down 0.1% month over month, against the previous reading of a 0.6% gain and the expected 0.1% rise.