Cover IMF Staff Country Reports
Germany: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Germany
Author:
International Monetary Fund. European Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2022: Issue 229
Language:
English
Publication Date:
20 Jul 2022
DOI:
https://doi.org/10.5089/9798400216497.002
ISBN:
9798400216497
ISSN:
1934-7685
Pages:
88
Keywords:
inflation pressure; headline consumer price inflation; gas market; money market rate; staff report projection; assessment methodology; Energy prices; Inflation; Commercial banks; Cooperative banks; Income; Global; Europe
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The fallout from the war in Ukraine has hit the German economy before it regained its pre-pandemic GDP level, with effects running through higher energy costs, the possibility of gas shortages and broader supply disruptions, and weaker confidence. Consumer price inflation has spiked above 8 percent, largely because of energy price increases, but inflation pressures are becoming more widespread.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2022: Issue 229