German Consumer Price Growth Slows to 2.8% in October

By EC Assets · Published 11 November 2026

Germany's annual consumer price inflation slowed significantly at the start of the final quarter. The country's federal statistics office confirmed on Wednesday that the annual inflation rate fell to 2.8% in October. This marks a notable drop from the 3.3% recorded in September. The final confirmation from the statistical authority verifies that price pressures inside Europe's largest economy are retreating toward lower levels. The 0.5 percentage point drop between September and October represents a measurable cooling in the pace of year-on-year price increases across the country. Separately, the head of the Bundesbank indicated that German economic growth has proven stronger than expected and is seen picking up. This assessment of firmer economic activity arrives alongside the moderating price readings reported by the statistics office. This article is intended for informational purposes only. It does not constitute investment advice.