Germany Inflation October 2026: Rate Slows to 2.8% as Energy Prices Ease
Published . Updated .
Key takeaways
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German inflation eased to 2.8% in October 2026, down from 3.3% in September, as Destatis confirmed preliminary figures. Energy prices remained the main driver, rising 12.2% year on year, while food inflation held at 0.4% and core inflation fell to 2.1%.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “energy prices” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “energy prices” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “energy prices” (tanker shipping) in this story.
- EWG iShares MSCI Germany ETF-1.6% 15d
iShares MSCI Germany ETF holds stocks listed in Germany, which this story is about (“germany”).
- BWX SPDR Bloomberg International Treasury Bond ETF
SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Germany
- EFA iShares MSCI EAFE ETF-0.7% 6d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Germany
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy prices” (oil) in this story.
- CVX Chevron+3.3% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy prices” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +2.78% | +4.95% | base | +2.37% | after close | after close | after close |
| XLE | +2.11% | -0.95% | base | +1.57% | after close | after close | after close |
| BWET | +35.67% | +29.19% | base | +4.90% | after close | after close | after close |
| EWG | +1.32% | -3.11% | base | -0.51% | after close | after close | after close |
| BWX | +0.44% | +0.07% | base | -0.63% | after close | after close | after close |
| EFA | +1.31% | -2.38% | base | -0.25% | after close | after close | after close |
| XOM | +3.07% | +0.89% | base | +1.25% | after close | after close | after close |
| CVX | +2.73% | +0.67% | base | +0.78% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Germany Inflation October 2026: Rate Slows to 2.8% as Energy Prices Ease - News and Statistics IndexBox
Source: IndexBox
United States Oil Fund (USO) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | +4.90% | still updating |
| Amplify Commodity Trust (BWET) | three days earlier | +29.19% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.67% | final price |
| Spdr Series Trust (BWX) | that day | -0.63% | still updating |
| Spdr Series Trust (BWX) | three days earlier | +0.07% | final price |
| Spdr Series Trust (BWX) | five days earlier | +0.44% | final price |
| Chevron (CVX) | that day | +0.78% | still updating |
| Chevron (CVX) | three days earlier | +0.67% | final price |
| Chevron (CVX) | five days earlier | +2.73% | final price |
| Ishares Tr (EFA) | that day | -0.25% | still updating |
| Ishares Tr (EFA) | three days earlier | -2.38% | final price |
| Ishares Tr (EFA) | five days earlier | +1.31% | final price |
| Ishares (EWG) | that day | -0.51% | still updating |
| Ishares (EWG) | three days earlier | -3.11% | final price |
| Ishares (EWG) | five days earlier | +1.32% | final price |
| United States Oil Fund (USO) | that day | +2.37% | still updating |
| United States Oil Fund (USO) | three days earlier | +4.95% | final price |
| United States Oil Fund (USO) | five days earlier | +2.78% | final price |
| Select Sector Spdr Tr (XLE) | that day | +1.57% | still updating |
| Select Sector Spdr Tr (XLE) | three days earlier | -0.95% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +2.11% | final price |
| ExxonMobil Holdings (XOM) | that day | +1.25% | still updating |
| ExxonMobil Holdings (XOM) | three days earlier | +0.89% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +3.07% | final price |
Congressional trades in the stocks in this story
- Sen. John Boozman sold Ishares Tr (EFA) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 63 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 28 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 72 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 28 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 49 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 70 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around United States Oil Fund (USO)
Companies tied to this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Germany Inflation October 2026: Rate Slows to 2.8% as Energy Prices Ease - News and Statistics.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “energy prices” (oil) in this story
- XLE Select Sector Spdr Tr
In “Germany Inflation October 2026: Rate Slows to 2.8% as Energy Prices Ease - News and Statistics,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “energy prices” (oil) in this story
- BWET Amplify Commodity Trust
In “Germany Inflation October 2026: Rate Slows to 2.8% as Energy Prices Ease - News and Statistics,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “energy prices” (tanker shipping) in this story
- EWG Ishares
Ishares (EWG) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Germany Inflation October 2026: Rate Slows to 2.8% as Energy Prices Ease - News and Statistics.” Reason on file: iShares MSCI Germany ETF holds stocks listed in Germany, which this story is about (“germany”)
- BWX Spdr Series Trust
Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Germany Inflation October 2026: Rate Slows to 2.8% as Energy Prices Ease - News and Statistics.” Reason on file: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Germany
- EFA Ishares Tr
For “Germany Inflation October 2026: Rate Slows to 2.8% as Energy Prices Ease - News and Statistics,” Ishares Tr (EFA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Germany
- XOM ExxonMobil Holdings
For “Germany Inflation October 2026: Rate Slows to 2.8% as Energy Prices Ease - News and Statistics,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy prices” (oil) in this story
- CVX Chevron
Chevron (CVX) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Germany Inflation October 2026: Rate Slows to 2.8% as Energy Prices Ease - News and Statistics.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy prices” (oil) in this story
United States Oil Fund (USO)
On 11 Nov 2026, “Germany Inflation October 2026: Rate Slows to 2.8% as Energy Prices Ease - News and Statistics” is the story that connects United States Oil Fund (USO) to this story.
For United States Oil Fund (USO), the reason on file says United States Oil Fund: its price follows crude oil. Linked by “energy prices” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “energy prices” (oil) in this story
Dates in the story, and the United States Oil Fund (USO) price range
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
A simple score for United States Oil Fund (USO)
46 out of 100Price not final
“Germany Inflation October 2026: Rate Slows to 2.8% as Energy Prices Ease - News and Statistics” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.