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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany Harmonised Inflation Rate YoY climbed to 2.9 in April 2026
FMPMonthlyReleased May 2026
Germany Harmonised Inflation Rate YoY climbed to 2.9 in April 2026, released May 2026, up 0.1 from March's 2.8 reading. The reading matched expectations. The print is running well above the 12-month average of 2.35. Over the past 3 months, Harmonised Inflation Rate YoY averaged 2.43, vs 2.26 in the prior 3-month window. Harmonised Inflation Rate YoY is now the highest in 18 months.
Latest Release
2.9
Actual
2.9
Consensus
2.8
Previous
Median Absolute Error
±0.02 percentage points
across last 12 releases
Last Call
Apr 2026
Predicted: 2.8
Actual: 2.8
Error: +0
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.38 | INDEX | Bullish S&P 500 | → View |
| Euro STOXX 50 | ▲ Direct | +0.34 | INDEX | Bullish Euro STOXX 50 | → View |
| FTSE 100 | ▲ Direct | +0.32 | INDEX | Bullish FTSE 100 | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The May 2026 reading rose from the previous value of 2.8. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±0.02. Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500) and positively correlated with Euro STOXX 50 (Bullish Euro STOXX 50).
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Harmonised Inflation Rate YoY - DE
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