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Economy/InflationArticle

Germany Inflation Rate Climbs to 2.9 Percent on Expensive Energy

Rising energy costs push Germany's headline inflation to 2.9 percent, while core inflation also climbs to 2.4 percent year on year.

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Elena Kovač · Central Banks Desk · 19 Sept 2026 · 20:02 · 1 min read
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Germany Inflation Rate Climbs to 2.9 Percent on Expensive Energy

Germany's annual inflation rate rose to 2.9 percent, weighed up by costly energy, the source reports.

Food prices nationwide increased 0.1 percent in the latest reading, compared with a 0.4 percent rise in July. Some items saw sharp swings: eggs surged 15.2 percent over the year, fresh vegetables climbed 5.2 percent, and fish, fish products and shellfish rose 4.4 percent. By contrast, butter fell 29.9 percent, fresh fruit dropped 5.6 percent, and dairy products eased 5.5 percent over the same period.

Prices for services such as insurance and travel increased 2.8 percent year on year. Core inflation — the measure excluding food and energy — rose again by 2.4 percent, marking another step up in underlying price pressure.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Elena Kovač
Central Banks Desk

Elena covers macroeconomic data and policy across the eurozone, translating industrial output, inflation and growth figures into what they mean for markets.

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Germany inflation rate rises to 2.9% on energy costs · Finance Review Daily