By: Major Burdock | 10-07-2022 | Opinion, Studio
Photo credit: Edgars Sermulis | Dreamstime.com

True German Inflation is 56 Percent

The inflation radar from pleiticker.de โ€“ one can find it updated daily on their homepage. They have calculated price developments in the areas that really matter: housing, energy and basic foodstuffs. With the latest figures, inflation there was a whopping 56,3 percent over the past year โ€“ and 11,6 percent over the past week alone. For the average net income of a German household (โ‚ฌ3 600), this means a loss in value of โ‚ฌ1 296. This is mainly driven by the rise in energy costs. The price of electricity has risen by an unbelievable 344 percent in the past year.

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4 Comment/s
jasika No. 96783 2022-10-07 : 15:44

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Zenya No. 96786 2022-10-07 : 16:24


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Richard Tinch No. 96787 2022-10-07 : 17:03

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Sophia Isabella No. 96807 2022-10-10 : 09:52

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