Wirtschaftspolitischer Beitrag
Rising Inflation – Transitory or Cause for Concern?
Autoren
Erscheinungsdatum
Schlagworte
Deutschland
Konjunktur
Konjunktur Euro Raum
Konjunktur Deutschland
Europäische Union & Euro
Geldpolitik
Consumer price inflation in the euro area has sharply risen to 3% in the course of 2021. This increase was mainly due to higher energy prices and other transitory factors. Recent macroeconomic forecasts generally expect inflation to return to below target values next year. However, there are several factors in place that could lead to more sustained upward pressure on prices, and materialisation of these upward risks could force the ECB to take difficult choices.