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ifo-institute-sees-german-inflation-slowing-to-2-2-5-in-2022-newsbreak

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

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.
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