Current Inflation Rate 2024 Germany Inflation Rate. Germany inflation rate for 2023 was 5.95%, a 0.93% decline from 2022. The inflation rate was +2.9% in.

It also stood at +2.2% in march. Inflation, gdp deflator (annual %) in germany was reported at 6.628 % in 2023, according to the world bank collection of development indicators, compiled from officially recognized sources.