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Germany’s Inflation Hits Double Digits for the First Time Since WWII, Parliament Reveals $195B Subsidies Package to ‘Make Prices Drop’

Post author:MiamiCrypto
Post published:September 30, 2022
Post category:10.9%1951 1999 44% energy price rise chancellor Olaf Scholz Consumer Price Index Covid-19 pandemic.CPI Economics Economy Energy crisis Europe German Economy German government German Inflation German Prices Germany inflation packages parliament red-hot inflation stimulus packages three-pronged problem Torsten Schmidt Ukraine-Russia war WWII

Following the Covid-19 pandemic, the massive amount of stimulus, and amid the Ukraine-Russia war, Germany’s inflation has soared. Official data from Germany’s consumer price index (CPI) indicates that inflation jumped…

Eurozone Inflation Taps Highest Rate Ever Recorded Reaching 9.1%, as Nord Stream, Gazprom Halt Gas Supplies

Post author:MiamiCrypto
Post published:August 31, 2022
Post category:9.1%9.1% inflation Bert Colijn ECB Economics Energy crisis Europe inflation European Central Bank European leaders European Union European Union Parliament Eurostat Eurozone economy Eurozone inflation Gazprom ING economist Nord Stream 1 red-hot inflation Russian gas supplies

The Eurozone’s inflation rate reached a record high in August of 9.1%, the highest ever recorded in history, according to Europe’s statistics office Eurostat. The rate was higher than economists…