German Inflation Risks Clearly Tilted to Upside, Bundesbank Says
8 Articles
8 Articles
German Inflation Risks Clearly Tilted to Upside, Bundesbank Says
The Bundesbank expects continued high inflation. Fuel and service prices drive inflation, but are only slowly passed on to consumers.
The German central bank (Bundesbank) forecasts that the country's economy will not show growth in the third quarter of 2026. Inflation rose to 3.3 percent in September, reaching its highest level since the end of 2023, and it was stated that the increase in energy prices could lead to continued price pressure in the coming months.
The German central bank has published its October report, stating that inflation has reached its highest level in three years.
Inflation in Germany will remain elevated during the coming year and it will take time for it to return to the target of two percent, the German central bank announced today.
SOS for the high and rising prices of commodities and the increased costs of food, goods (except energy) - services.
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