German inflation could be over 2% until mid-2022 – Bundesbank

Deutsche Bundesbank headquarters, Frankfurt
Fabian Stürtz

The Deutsche Bundesbank believes inflation in Germany could remain over 2% until mid-2022, according to its monthly economic report, published on August 23.

This would mean the eurozone’s largest economy will overshoot the ECB’s target over the coming quarters. Bundesbank president Jens Weidmann has repeatedly stressed inflation risks should not be underestimated.

In July, inflation increased year on year by 3.1% in Germany, up from 2.1% in June. For the eurozone as a whole the reading last

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: