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MiDi data set (1999-2014) DOI = 10.12757/bbk.midi.9914.02.03
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Bundesbank President expects significant decline in inflation from 2024 at the earliest
20.12.2022 No English translation available
Bundesbank President Joachim Nagel anticipates continued high levels of inflation next year and does not see them declining markedly until 2024. “
We expect the average annual inflation rate in Germany to be around 7% in 2023,
” Mr Nagel explained in an interview with the “Stern
” magazine, adding that it would then be significantly lower in 2024. “Nevertheless, the road immediately ahead remains rocky. That is why we are resolutely maintaining our monetary policy stance.
”