BERLIN, June 15 (Xinhua) -- Leading German economic institutes expect inflation in the country to remain high in 2023, due to soaring energy prices, the Russia-Ukraine conflict and supply bottlenecks.
The Kiel Institute for the World Economy (IfW Kiel) and the ifo Institute on Wednesday raised their 2023 inflation forecasts to 4.2 percent and 3.3 percent respectively.
