Consumer prices will continue to rise well into the next year amid global uncertainty, an economic advisory council has said The German Council of Economic Experts (GCEE) has warned that inflation in the country could remain high for longer than expected, or even accelerate if monetary policy measures are offset by risks in financial markets. According a report from the five-member council, high inflation will continue to inhibit the German economy this year. The GCEE expects an average inflation rate of 6.6% in 2023, and noted that while inflation peaked in autumn 2022, it is still significantly elevated and is
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