Buba Monthly Report: German inflation could be above 1% by end-2016

Germany’s central bank, Bundesbank (Buba), published its latest monthly economic report, noting that inflation could exceed 1% for the first in more-than 2 years by 2016-end.

 Key Quotes:

 “According to current market expectations for the development of crude oil prices, the inflation rate at the end of 12016 could rise back to slightly above 1%."