German inflation to jump beyond 5% in November, states data suggest

13 comments
  1. Who would have thought that pumping all that Covid money into the market would lead to inflation? I am sure the experts are shocked.

  2. Note: it’s actually 3%.

    Because last year we had a VAT reduction bonus of 2% that ran out… so obviously it made everything more expensive just because of that. And this change now shows in the “YoY rating”.

    You have to keep this in mind when reading the inflation rate.

  3. I guess now we see that the € wasn´t such a good idea, especially with the national banks being completely powerless to make monetary decisions

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