Inflation forecast · World Bank data
Germany inflation forecast
Inflation (CPI, annual %)
Latest · 2025
2.2%
Inflation in Germany is forecast at 2.3% in 2026, with an 80% range of 0.8% to 4.3%. The latest World Bank figure is 2.2% for 2025.
For 2027 and 2028 the model projects 2.3% and 2.2% (+0.1 pp versus 2025).
Display-only line. World Bank data is annual: the forecasts are the yearly points marked on the chart. The monthly line between them is a straight-line interpolation for display, not a monthly forecast.
- 20261 yr ahead
- 2.3%▲ +0.1 pp80%: 0.8% – 4.3%
- 20272 yr ahead
- 2.3%▲ +0.1 pp80%: 0.5% – 4.6%
- 20283 yr ahead
- 2.2%▲ +0.1 pp80%: 0.2% – 4.8%
Backtest · last 5 years
How accurate has this been?
| Horizon | Tests | Avg. error | Naive error | In 80% range |
|---|---|---|---|---|
| 1 yr ahead | 5 | 2.14 pp | 2.29 pp | 40% |
| 2 yr ahead | 4 | 3.86 pp | 4.50 pp | 0% |
| 3 yr ahead | 3 | 2.82 pp | 3.77 pp | 33% |
We re-ran the model as if standing at past dates, using only the data available then. Avg. error is the mean absolute gap between the median and what happened (percentage points); naive assumes no change from the last value. A well-calibrated 80% range contains about 80% of outcomes. Annual series have few test points, so treat these as rough. Methodology
Source data
Recent values
| Year | Value | Change |
|---|---|---|
| 2025 | 2.2% | −0.08 pp |
| 2024 | 2.3% | −3.69 pp |
| 2023 | 5.9% | −0.93 pp |
| 2022 | 6.9% | +3.81 pp |
| 2021 | 3.1% | +2.92 pp |
| 2020 | 0.1% | −1.30 pp |
| 2019 | 1.4% | −0.29 pp |
| 2018 | 1.7% | +0.22 pp |
| 2017 | 1.5% | +1.02 pp |
| 2016 | 0.5% | −0.02 pp |
About this forecast
- Source
- World Bank, World Development Indicators · series FP.CPI.TOTL.ZG
- Data through
- 2025 · 66 observations
- Forecast updated
- Sep 28, 2026
- Model
- TimesFM 2.5 (Google Research, Apache-2.0), zero-shot
More forecasts for Germany
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All 39Statistical model, not financial advice. This forecast is generated automatically from public data; the 80% range means outcomes are expected outside it about one time in five. Don't make financial decisions based only on it.
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