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Commodity Mid Session News

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(11 Mar 2026, 15:42)

Economic Buzz: German inflation slows to 1.9% in February as food price increases ease


Germany’s annual inflation rate was 1.9% in February 2026, slightly lower than 2.1% in January, according to the Federal Statistical Office of Germany. Officials said the rise in consumer prices slowed mainly because food price increases eased, although higher service costs continued to push inflation upward. Compared with January, consumer prices rose by 0.2% in February.

Energy prices were 1.9% lower than a year earlier, with household energy costs falling by 3.5%. Prices for natural gas, electricity, and district heating declined, partly due to government measures such as lower transmission network charges and the removal of the gas storage levy. Heating oil also became cheaper, while solid fuels became more expensive and fuel prices rose slightly.

Food prices were 1.1% higher than a year earlier but increased at a slower pace than in January. Chocolate, meat, fruit, and vegetables became more expensive, while butter, olive oil, potatoes, and dairy products were cheaper.

Core inflation, excluding food and energy, remained at 2.5%, showing ongoing price pressure in other sectors.

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