Germany to double 2022 inflation forecast – media ...News

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The Ukraine crisis is expected to severely impact Europe’s top economy The German authorities are set to raise the inflation forecast for 2022 due to the crisis in Ukraine and its impact on the economy, Reuters reported on Monday, citing a government document. According to the document, Berlin will raise the figure from the 3.3% forecast in January to 6.1%. Consumer price growth is expected to ease in 2023, with inflation predicted at 2.8%. The German government is expected to officially unveil its spring economic forecast on Wednesday. Annual inflation in Germany soared to its highest level in more than four deca

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