The German think tank is expected

Xinhua News Agency, Berlin, June 15th (Zhang Yuhua) The Institute of Economic Research Institute of the Institute of Economic Research and the Kil World Economic Research Institute of the well -known think tank in Germany issued reports on the 15th. It is estimated that the inflation rate in Germany in 2022 and 2023 will remain high.

The Institute of Economics of Economics predicts that the inflation rates in Germany will reach 6.8%and 3.3%respectively in the past year and tomorrow. The Kil World Economic Research Institute predicts that the inflation rates in Germany will reach 7.4%and 4.2%respectively this year and next. Both institutions' expectations for Germany's inflation rate this year set the highest value since the oil crisis of the oil crisis in the 1970s.

According to data released by the German Federal Bureau of Statistics, influenced by factors such as the situation in Ukraine and the new crown epidemic, Germany's inflation rate rose to 7.9%in May, and the third consecutive month reached a new high after the unity of the two Germans in 1990. In March and April of this year, Germany's inflation rates have climbed to 7.3%and 7.4%, respectively.

In addition, the Institute of Economic Research Institute also reduced German economic growth this year from 3.1%to 2.5%. The Institute of Economic Research of Kirn is expected to grow only 2.1%this year.

The data previously released by the German Federal Economic and Climate Protection show that due to factors such as Ukraine, high energy prices and Western sanctions on Russia, the German economic growth rate is expected to be 2.2%in 2022, 1.4 percentage points lower than the January forecast value.

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