German economy set for post-pandemic bounce in growth and prices, Bundesbank says

german economy set for post pandemic bounce in growth and prices bundesbank says

Sumary of German economy set for post-pandemic bounce in growth and prices, Bundesbank says:

  • Kaufinger Strasse stores are seen closed due to the coronavirus disease (COVID-19) pandemic in Munich, Germany, February 5, 2021..
  • REUTERS/Michaela Rehle/File Photo German output is rebounding from its pandemic-induced slump and inflation could rise faster than currently expected, potentially affecting behaviour in the economy, the German central bank said on Friday..
  • It now expects the German economy to reach pre-pandemic levels as soon as next quarter, growing by 3.7% this year, 5.2% next year and 1.7% in 2023..
  • The German central bank also raised its forecasts for inflation for this year and the next, warning there were still “upside risks”..
  • “The exceptionally high inflation rates, by German standards, projected for the second half of 2021 could ultimately shift economic agents’ inflation perceptions and expectations,”…

Want to know more click here go to source.

From -
Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close