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Germany's Inflation Hits 2.1% Amid Rising Food Prices

2/17/2026

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Summary

Story summary

The Federal Statistical Office (Destatis) reports Germany's inflation rate rose to 2.1% in January, driven by higher food and services prices.
Consumer prices increased 0.1% from December, while energy prices fell 1.7% year over year.
Food inflation rose to 2.1%, with sweets, fruit, and meat increasing while butter, oils, and potatoes declined.
Core inflation excluding food and energy remained at 2.5%, with services rising 3.2% year over year.

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Story summary

The Federal Statistical Office (Destatis) reports Germany's inflation rate rose to 2.1% in January, driven by higher food and services prices.
Consumer prices increased 0.1% from December, while energy prices fell 1.7% year over year.
Food inflation rose to 2.1%, with sweets, fruit, and meat increasing while butter, oils, and potatoes declined.
Core inflation excluding food and energy remained at 2.5%, with services rising 3.2% year over year.