Germany’s Inflation Slows in February

RunWithRugs · 2026-03-15T02:01:39+00:00

Germany's inflation rate fell to 1.9% in February from 2.1% in January, driven by a slowdown in food prices despite rising costs in services. Energy prices also declined, impacting overall inflation trends.

RunWithRugs

2026-03-15 02:01:39

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(MENAFN) Germany’s annual inflation rate declined in February, reaching 1.9%, in line with expectations, down from 2.1% in January, according to official reports.

“The increase in consumer prices slowed slightly in February,” said the head of the Federal Statistical Office, Ruth Brand. “In particular, the rise in food prices eased significantly and had a downward effect on the development of prices, while services continued to drive up inflation.”

Energy costs continued their downward trend, falling 1.9% year-on-year, a steeper drop compared with the 1.7% decrease recorded in January.

On the other hand, higher-than-average increases in services and food prices contributed to inflation growth, rising by 3.2% and 1.1%, respectively. Food price inflation notably fell from January’s 2.1%.

Looking at the broader trend, inflation rates had been 2.1% in January and 1.8% in December, 2.3% in November, and 2.4% in October and September, slightly higher than the 2.2% in August and 2% in July and June—the lowest rate since October 2024. Consumer Price Index (CPI) data also indicated rates of 2.1% in May and April, and 2.2% in March, following a 14-month peak of 2.6% in December 2024.

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