FX.co ★ German Inflation Accelerates in September as Monthly CPI Triples to 0.6%

Germany’s consumer price inflation picked up noticeably in September 2026, with the month-over-month Consumer Price Index (CPI) rising 0.6%, up from a 0.2% increase in August 2026. The data, updated on 30 September 2026, indicate a clear acceleration in price pressures compared with the previous month.

On a month-over-month basis, the latest reading shows that prices in September grew three times faster than in August. The “actual” figure reflects the change from August to September, while the “previous” figure captures the change from July to August, underscoring that the pace of inflation has strengthened heading into the autumn period.

The sharper uptick in September’s CPI will likely draw attention from policymakers and markets monitoring the trajectory of inflation in Europe’s largest economy, as the momentum of monthly price gains appears to be building after a relatively subdued increase in the prior month.