Finance
More German companies want to raise prices, Ifo says
Published by Global Banking and Finance Review
Posted on January 16, 2025
1 min readLast updated: January 27, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 16, 2025
1 min readLast updated: January 27, 2026
The Ifo index in Germany rose to 19.7 points in December, indicating more companies plan to increase prices, with inflation expected to stabilize around 2.5%.
BERLIN (Reuters) - The Ifo price expectations index in Germany rose to its highest level since April 2023 in December, with all economic sectors contributing to the increase, the economic institute Ifo said on Thursday.
The index rose to 19.7 points in December, up from 15.8 points in November. The points for the Ifo price expectations indicate the percentage of companies that intend to increase prices.
“In the coming months, the inflation rate is expected to level off at around 2.5%, hence above the European Central Bank’s target,” said Timo Wollmershaeuser, head of forecasts at Ifo.
Price expectations for consumer-related service providers, in manufacturing and among business-related service providers rose in December.
(Reporting by Maria Martinez, Editing by Friederike Heine)
The article discusses the rise in the Ifo price expectations index in Germany, indicating more companies plan to raise prices.
The Ifo index indicates a rise in price expectations across sectors, with inflation expected to stabilize above ECB targets.
Price expectations rose in consumer-related services, manufacturing, and business-related services.
Explore more articles in the Finance category
