FX.co ★ German HICP Holds Steady at 0.6% Month-on-Month in September

Germany’s Harmonised Index of Consumer Prices (HICP) remained unchanged in September, with the month-on-month rate holding at 0.6%. According to the latest data, updated on 13 October 2026, the current September reading of 0.6% matches the previous month-on-month change recorded in September 2026, indicating no acceleration or deceleration in price dynamics over the comparison period.

On a month-over-month basis, the “Actual” figure reflects the change in prices in the reported month relative to the previous month, while the “Previous” figure captures the change observed in the earlier month versus its preceding month. With both readings at 0.6%, the data signal short-term stability in German consumer price growth as measured on a harmonised EU basis, offering no new inflationary impulse compared with the prior period.