Good Morning from Germany where inflation expectations have risen to pre-Corona level. German inflation is likely to rise by >2% this year. The return of VAT to its old level alone will increase consumer prices by ~1.2ppts. Climate package w/CO2 pricing will add 0.4ppts to CPI.

by Holger Zschaepitz
Good Morning from #Germany where #inflation expectations have risen to pre-Corona level. German inflation is likely to rise by >2% this year. The return of VAT to its old level alone will increase consumer prices by ~1.2ppts. Climate package w/CO2 pricing will add 0.4ppts to CPI. https://t.co/v4KmWAOVK7

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