• Germany expects inflation at 7% in 2023 – Handelsblatt

Market news

11 October 2022

Germany expects inflation at 7% in 2023 – Handelsblatt

According to a German business newspaper, Handelsblatt, the country’s federal government expects a significant drop in inflation in 2023.

The government expects inflation at 7% next year, the paper said.

Meanwhile, the daily reported that the German government sees the 2022 inflation rate at 8%.

 Market reaction

EUR/USD is defending gains just above 0.9700 amid a quiet session so far this Tuesday.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.