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German inflation confirmed at 2.9% in April - Finance news and analysis from Global Banking & Finance Review
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German inflation confirmed at 2.9% in April

Published by Global Banking & Finance Review

Posted on May 12, 2026

1 min read

· Last updated: May 12, 2026

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Germany Confirms April 2024 Inflation Rate at 2.9%, Slight Uptick from March

April 2024 Inflation Data and Analysis

Official Confirmation from Federal Statistics Office

BERLIN, May 12 (Reuters) - German inflation accelerated slightly to 2.9% in April, the federal statistics office said on Tuesday, confirming preliminary data.

Comparison with Previous Month

Inflation, or the gain in consumer prices harmonised to compare with other European Union countries, stood at 2.8% year-on-year in March.

Source and Reporting Details

(Reporting by Friederike Heine, Editing by Linda Pasquini)

Key Takeaways

  • Germany’s inflation rose to 2.9% in April, up from 2.8% in March, confirming preliminary data and marking the highest reading since early 2024 (sueddeutsche.de).
  • Energy prices surged sharply—up around 10.1% year‑on‑year—driven by geopolitical tensions, particularly the Iran conflict, making energy the key contributor to inflation in April (sueddeutsche.de).
  • Core inflation (excluding food and energy) eased to approximately 2.3%, indicating that while underlying pressures are present, the headline rise was largely energy‑related (sueddeutsche.de).

References

Frequently Asked Questions

What was the inflation rate in Germany in April 2024?
The inflation rate in Germany in April 2024 was confirmed at 2.9%.
How does April's inflation compare to March's in Germany?
Germany's April inflation rate of 2.9% was slightly higher than March's rate of 2.8%.
Who provides the official inflation data in Germany?
The federal statistics office in Germany provides the official inflation data.
What does harmonised consumer prices mean?
Harmonised consumer prices allow for inflation comparisons with other European Union countries.

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