Germany | Consumer price index (2010 = 100)
Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Federal Republic of Germany
Records
63
Source
Germany | Consumer price index (2010 = 100)
1960 24.64607047
1961 25.21137616
1962 25.9282037
1963 26.69748307
1964 27.32106575
1965 28.20690192
1966 29.20346879
1967 29.72797766
1968 30.16506494
1969 30.74202565
1970 31.8027022
1971 33.4694737
1972 35.30525195
1973 37.78792574
1974 40.42795313
1975 42.81738111
1976 44.6356773
1977 46.30244598
1978 47.56126917
1979 49.48446619
1980 52.17694447
1981 55.48717651
1982 58.39528444
1983 60.31848334
1984 61.76962143
1985 63.04592574
1986 62.96433589
1987 63.12168761
1988 63.92593299
1989 65.70343802
1990 67.47511036
1991 70.20585007
1992 73.75614444
1993 77.05641956
1994 79.13159239
1995 80.4817043
1996 81.64846931
1997 83.23193685
1998 83.99033256
1999 84.48203974
2000 85.69880785
2001 87.39894991
2002 88.64071957
2003 89.55746156
2004 91.04925331
2005 92.45770436
2006 93.91615662
2007 96.07467298
2008 98.59988029
2009 98.90824058
2010 100
2011 102.07517284
2012 104.1253413
2013 105.69213957
2014 106.65054956
2015 107.19918786
2016 107.72633666
2017 109.35246016
2018 111.24662936
2019 112.85487712
2020 113.01837893
2021 116.48427588
2022 124.48974439
Germany | Consumer price index (2010 = 100)
Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Federal Republic of Germany
Records
63
Source