German Inflation Eases to 2.8 Percent as Energy Price Growth Slows

Wiesbaden, Germany, 31 October 2026 – Germany’s annual consumer inflation eased to a provisional 2.8% in October from 3.3% in September, the Federal Statistical Office said on 30 October. Energy prices rose 12.2% year on year, but that increase was slower than September’s 14.9%; the overall consumer price index fell 0.2% from the previous month.

For Asian companies and investors, the reading is a useful signal about European demand and the path of financing costs, not a forecast in itself. Germany is the euro area’s largest economy, and a softer price trend can influence expectations for interest rates and business activity. The figures remain preliminary, however, and the energy component is still rising sharply.