The proportion of companies planning price increases in Germany has decreased

According to data published by ifo (ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München e.V.) on Thursday, price expectations for the economy as a whole in Germany fell to 21.5 points in April after 27.1 points in March. This was the seventh consecutive month of decline.

The indicator shows how many companies plan to raise prices in the next three months. It is calculated by subtracting the percentage of companies planning to cut prices from the percentage of companies planning to raise prices. ifo does not ask about the extent of the planned price changes.

“The wave of price increases has probably already peaked”

– stated Timo Wollmershäuser, ifo’s chief economist.

Inflation will probably only decrease very slowly in the coming months, especially core inflation will remain high, added Timo Wollmershäuser.