Economist warns Iran war could push German inflation to 6%

NAMPA / DPA
2026-03-13
Dusseldorf (dpa) - An economist at the Leibniz Institute for Economic Research (RWI) has warned that inflation in Germany could temporarily rise to 6% if the Iran war drags on for more than four weeks. "High oil prices drive consumer prices. In the case of a prolonged war, inflation could temporarily rise to 6% this year," Torsten Schmidt told the Rheinische Post newspaper in remarks published on Friday. That would wipe out economic growth and p......
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