German inflation rises more than expected in March

Summary by Ground News

German annual inflation surged to 7.6 percent in March, racing well ahead of expectations. Measured for national reporting standards, inflation was up 7.3 percent. Earlier Wednesday, the German government projected inflation to average 6.1 percent this year. Eurozone inflation is scheduled to be released on Friday.

3 months ago

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Reuters

German inflation rises more than expected in March

BERLIN - German annual inflation rose more than expected in March as prices of natural gas and mineral oil products soared after Russia's invasion of Ukraine, preliminary data showed on Wednesday. Consumer prices, harmonised to make them comparable with inflation data from other European Union countries (HICP), rose 7.6% on the year after 5.5% in February, the Federal Statistics Office

3 months ago·United Kingdom

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abc News

German economic advisers slash 2022 growth forecast to 1.8%

The German government’s panel of independent economic advisers has slashed its 2022 growth forecast for Europe’s biggest economy in light of Russia’s invasion of Ukraine and concern over energy supplies and prices

3 months ago·United States

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Associated Press News

German economic advisers slash 2022 growth forecast to 1.8%

BERLIN (AP) — The German government's panel of independent economic advisers on Wednesday slashed its 2022 growth forecast for Europe's biggest economy in light of Russia's invasion of Ukraine and concern over energy supplies and prices.

3 months ago·United States

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IBTimes

German Economists Slash 2022 Growth Outlook On Ukraine, Energy

German economists slash 2022 growth outlook on Ukraine, energy

3 months ago·United States

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KVIA

German economic advisers slash 2022 growth forecast to 1.8%

BERLIN (AP) — The German government’s panel of independent economic advisers has slashed its 2022 growth forecast for Europe’s biggest economy in light of Russia’s invasion of Ukraine and concern over energy supplies and prices. The group forecast that Germany’s gross domestic product will expand by only 1.8% this year. Last year, the country’s GDP grew by 2.8%. The economists said in a statement that “Germany should immediately do everything po…

3 months ago

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Financial Post

Government advisers more than halve 2022 German growth forecast

BERLIN — The German government’s council of economic advisers slashed its gross domestic product (GDP) forecast for Europe’s largest economy on Wednesday,…

3 months ago·Canada

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