Global Inflation Predicted to Remain High, Germany Expected to Fare Better

A survey of nearly 1,400 economists forecasts global inflation at 3.9% for 2025, with significantly lower rates anticipated in Germany and other Western European countries.

• An international survey of economists predicts a global inflation rate of 3.9% in 2025, with only a slight decrease to 3.5% in the following two years.
• Germany is expected to see a comparatively low inflation rate of 2.4% in 2025, alongside Austria at 2.5% and Switzerland at 1.2%.
• North America's inflation rate is projected to rise to 2.6% in 2025 and could increase further to 2.9% by 2028, partly attributed to potential U.S. import tariffs under President Donald Trump.
• The highest inflation rates are anticipated in South America and Africa, with North African countries projected at 37.2% and East Africa at 27.6% for 2025.
• Westeuropean economies continue to grow more slowly than the U.S., but their inflation outlook remains more favorable in comparison.

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