FX.co ★ German HICP Holds Steady in August, Signalling Stable Price Dynamics

Germany’s Harmonised Index of Consumer Prices (HICP) remained unchanged on a month‑over‑month basis in August, with the indicator holding at 0.2%. According to the latest data updated on 10 September 2026, the August 2026 reading matched the previous month’s 0.2% change, indicating a continuation of modest price growth.

The month‑over‑month comparison shows that price pressures did not accelerate between July and August. The “Actual” figure for August reflects the change from the previous month, while the “Previous” figure represents July’s change versus June, which was also 0.2%. This stability suggests that, at least over the late summer period, German consumer prices have been moving in a relatively narrow, predictable range.