The highest inflation of the past thirty years is expected in Germany this year
The experts of the ifo economic research institute of the University of Munich expect the highest inflation of the past thirty years.
Germany could break 30-year inflation record this year
According to a report published on the research institute’s website on Wednesday, inflation will be 3 percent this year and it will fall to 2.0-2.5 percent next year.
The study traces the development of the highest inflation in 2021 in three decades primarily to a base effect. (MTI)
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