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Ekonomické zprávy
22.11.2021

Bundesbank: Germany's headline inflation could remain significantly above 3% for extended period of time

The November update of the Bundesbank's montly report on the economic situation in Germany revealed that the country's central bank suggested that its economic recovery could take a breather. Supply disruptions and new COVID-19 restrictions are likely to continue weighing on growth, the regulator said. It also sees the German annual headline inflation could even reach just under 6% in November, impacted by one-off effects. The Bundesbank also added that the headline inflation could remain significantly above 3% for an extended period of time, while core inflation was seen to be substantially over 2%.


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