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وكالة الأنباء القطرية
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Ifo Institutes: Germany inflation forecast rises to 3percent by 2027

Ifo Institutes: Germany inflation forecast rises to 3percent by 2027

The German Institute "Ifo" forecasts that inflation rates in Germany will remain high in the coming years, reaching 2.8% this year and 3% by 2027, following a temporary easing of price pressures. This is primarily due to rising energy prices, especially for gas and electricity, since early August, leading to increased costs for goods and services and their gradual pass-through to consumers. In August, the inflation rate reached 2.9%, the highest level since late 2023, with expectations that pressure on prices will persist despite a temporary decline in the coming months.

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