Exclusive-German govt expects inflation to surge to 2.9% in 2021 - source
Reuters
Published Oct 26, 2021 10:03
BERLIN (Reuters) - The German government expects consumer price inflation to surge to 2.9% this year and ease to 2.2% next year, a source told Reuters on condition of anonymity.
In its updated economic forecasts, the government expects inflation to ease further to 1.7% in 2023, the source said. The figures compare with a consumer price inflation of 0.6% in 2020.
Economy Minister Peter Altmaier will present the updated economic forecasts during a news conference on Wednesday. A spokesperson for the Economy Ministry declined to comment.
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Written By: Reuters
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