Financial News: German Inflation Accelerates

German Inflation Accelerates

04/29/2026 - 09:00:00 (RTTNews)

(RTTNews) - German inflation accelerated in April fueled by higher energy prices, yet remained below expectations, flash estimate published by Destatis showed Wednesday.

Consumer price inflation rose to 2.9 percent in April from 2.7 percent in March. Inflation was expected to rise to 3.0 percent.

EU harmonized inflation also advanced less-than-expected to 2.9 percent from 2.8 percent. Economists had forecast the rate to rise to 3.1 percent.

Data showed that energy prices surged 10.1 percent from a year ago, marking the biggest rise since February 2023.

Consequently, core inflation that excludes food and energy prices, softened to 2.3 percent from 2.5 percent.

Services inflation eased to 2.8 percent from 3.2 percent. Meanwhile, goods cost rose at a faster pace of 2.9 percent after climbing 2.3 percent. On a monthly basis, the consumer price index climbed 0.6 percent compared to economists' forecast of 0.7 percent. The harmonized index of consumer prices gained 0.5 percent, slower than forecast of 0.8 percent. Final data is due on May 12.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Bank Of Canada Leaves Rates Unchanged Amid Uncertainty About Iran, U.S. Trade Policy (05 min(s), 11 sec(s) ago)
(RTTNews) - Citing ongoing uncertainty, the Bank of Canada on Wednesday announced its widely expec ...Full Story»

U.S. Housing Starts Soar In March But Building Permits Plunge (16 min(s), 11 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Wednesday showed a sharp increase in n ...Full Story»

U.S. Durable Goods Orders Rebound 0.8% In March, More Than Expected (36 min(s), 11 sec(s) ago)
(RTTNews) - New orders for U.S. manufactured durable goods rebounded by more than expected in the ...Full Story»

Bulgarian Inflation Climbs To 7.1%, Highest Since August 2023 (46 min(s), 11 sec(s) ago)
(RTTNews) - Bulgaria's consumer price inflation accelerated further in April to the highest le ...Full Story»

German Inflation Accelerates (01 hr(s), 08 min(s), 11 sec(s) ago)
(RTTNews) - German inflation accelerated in April fueled by higher energy prices, yet remained bel ...Full Story»

Sweden Economic Confidence Falls In April (01 hr(s), 12 min(s), 11 sec(s) ago)
(RTTNews) - Sweden's economic sentiment weakened in April to the lowest level in seven months, ...Full Story»

U.S. Housing Starts Soar In March But Building Permits Plunge (01 hr(s), 25 min(s), 11 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Wednesday showed a sharp increase in n ...Full Story»

U.S. Durable Goods Orders Rebound More Than Expected In March (01 hr(s), 31 min(s), 11 sec(s) ago)
(RTTNews) - New orders for U.S. manufactured durable goods rebounded by more than expected in the ...Full Story»