FX.co ★ German Inflation Cools as April CPI Growth Slows to 0.6% Month-on-Month

Germany’s consumer price growth slowed in April, with the country’s Month-over-Month CPI increase easing to 0.6% from 1.1% previously, signaling a moderation in short-term inflationary pressures.

According to the latest data updated on 12 May 2026, the current figure of 0.6% for April 2026 reflects a weaker pace of price increases compared with the prior month’s 1.1% gain. Both the current and previous readings are measured as Month-over-Month changes, meaning April’s CPI is compared with March, while the prior 1.1% figure represented the change from February to March.

The deceleration suggests that, at least on a monthly basis, inflationary momentum in Europe’s largest economy has softened, a development that could influence expectations around consumer spending, corporate pricing power, and the future course of monetary policy in the euro area.