German Finance Minister Christian Lindner expects it to drop inflation In the country with Europe’s largest economy this year to seven percent and will continue to decline in 2024 and beyond, but he expressed belief that high energy prices will become the new reality.
“The target level (of inflation) remains at 2%. This should be the top priority of the European Central Bank and the German government,” Lindner said in an interview with the Bild newspaper published on Sunday.
And after inflation in Germany rose year-on-year due to rising energy prices after Russia’s invasion of Ukraine and contraction of exports Russian energyit fell slightly in November to 11.3% from 11.6% the previous month.
