Inflation in Germany has dropped to its lowest level in 18 months. The consumer prices were 4.5% higher than last year's level, confirming an initial estimate by the Federal Statistical Office. The rate had risen by 6.1% the previous year. This comes after the onset of the Ukraine war, which saw a rapid increase in energy prices, contributing to the overall inflation. Food prices remain a significant concern, having increased by 7.5% compared to last year
Food yikes
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Ze bugs will save them
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Sadness
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Yes. Indeed.
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Do you have data on wages?
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2nd quarter wage growth has been 6.6% inflation 6.5
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Was ECB printing as out of control as the Fed's during Covid and into the Ukraine conflict?
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I think these institutions follow their keynesian war plan. Therefore in their opinion they had anything under control.
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