1328 GMT - ING expects German headline inflation to rise above 3% and remain there through year-end as oil prices stay elevated. German inflation rose to 2.9% in August from 2.8% in July. Low gas-storage levels could push gas prices higher, adding to inflation early next year, ING's Carsten Brzeski says in a note. However, there is still little evidence of second-round effects from the energy shock, with core inflation steady at 2.4% and services inflation slowing to 2.8%, he says. The current environment differs from 2022, as weaker consumer demand and lower selling-price expectations limit companies' ability to pass on higher costs. ING expects the European Central Bank to raise rates in September, but sees further hikes as less certain.