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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…