German September inflation confirmed at 3.3%

Key Takeaways

• Headline inflation in Germany for September 2026 was confirmed at 3.3% annually, up from 2.9% in August. (“Inflation rate … expected to be +3.3 % in September 2026” (destatis.de))
• Energy prices surged 14.9% year‑on‑year, up from 10.5% in August, pushing headline inflation higher. Core inflation (excluding food and energy) held steady at 2.4%. (“Energy prices … +14.9 %”; “core inflation … +2.4 %” (destatis.de))
• Germany’s inflation remains below the euro‑area flash estimate of 3.8% for September, reflecting a more moderate price rise compared to the wider region. (“Euro area annual inflation is expected to be 3.8% in September 2026” (ec.europa.eu))