Ifo institute sees German inflation slowing to 2-2.5% in 2022

BERLIN (Reuters) - German inflation is expected to slow to 2% to 2.5% in 2022 from an estimated 3% this year, the Ifo economic institute said on Wednesday.

"One-off effects will disappear at the start of 2022 as the year-earlier value-added tax cut ends and energy prices reach pre-crisis levels," Ifo chief economist Timo Wollmershaeuser said in a statement.

(Reporting by Maria Sheahan; Editing by Riham Alkousaa)

09/15/2021 7:16

News, Photo and Web Search

Search News by Ticker