After a surprising growth in the first quarter, the German economy is expected to stagnate in the second quarter due to the war in Iran, the German Central Bank (Bundesbank) announced yesterday, AFP reports, according to Agerpres. In the April-June quarter, "the effects of the Middle East conflict are expected to affect the German economy more and more significantly," the Bundesbank wrote in its monthly bulletin. Inflation in Germany accelerated to 2.9% in April, driven by rising energy prices.

Tag-uri: Inflatie