Comparison of German and US month over month inflation rates.Comparison of German and US month over month inflation rates. Germany's data came out ahead of our PCE number tomorrow so looking for correlations here.
Key data points
Last release
—
Observation period
May 2024
Next release
—
Forecast
—
Highest
3.10% on Oct 31, 1951
Lowest
−2.73% on Jan 31, 1950
About Germany inflation rate MoM
In Germany, the most important categories in the consumer price index are Housing, water, electricity, gas & other fuels (32 percent of the total weight), Transport (13 percent), Recreation, entertainment & culture (11 percent) and Food & non-alcoholic beverages (10 percent). The index also includes Miscellaneous goods & services (7 percent), Furniture, lighting equipment, appliances & other household equipment (5 percent), Restaurant & accommodation services (5 percent), Health (5 percent) and Clothing & footwear (5 percent). The remaining 7 percent of the index is composed by Alcoholic beverages & tobacco, Communication and Education.
