Stock Groups

German government forecasts 2022 inflation at 3.3% -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO – Shoppers fill Cologne’s Main Shopping Street Hohe Strasse (High Street), Cologne, Germany 12/12/2020 REUTERS/Wolfgang Rattay

BERLIN (Reuters – After rising to 3.1% in 2021 and a record 3.3% last year, the German government anticipates that inflation will reach 3.3% this year.

Core inflation (which excludes any increases in food- and energy prices) is expected to remain at 2.5% through 2022 according to the draft.

It is anticipated that the draft will be adopted by cabinet members on Wednesday.

(This story incorrectly referred to the 3.3% inflation rate, and not 3.1%)

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]