BERLIN (Reuters) – The German government expects inflation to ease to the European Central Bank’s price stability target of around 2% next year, Economy Minister Robert Habeck said on Wednesday.
In its annual economic report, approved by Cabinet on Wednesday, the government predicts a national inflation rate (CPI) of 3.3% for 2022 after 3.1% in the previous year as higher energy costs and a scarcity of semiconductors and other intermediate products continue to push up overall prices.
(Reporting by Michael Nienaber, editing by Thomas Escritt)
