The highest inflation of the past thirty years is expected in Germany this year

By: Trademagazin editor Date: 2021. 09. 15. 11:10
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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