I noticed a short piece in the Handelsblatt (the German version of the Wall Street Journal) which said they were now figuring a inflation rate of 3-percent by the end of 2021.
Bad? In 2008, it was around 2.7-percent and in 2011....around 2.5-percent. It's not bad....but you tend to take actions to limit the 'pain'.
The worst in 30 years? 1992, with 5.2-percent for one year. For the past 20 years, you can say that it bounced mostly between 1 and 2 percent.
Predictions for 2022? None so far.
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