Monday, December 13, 2021

Inflation Chatter

 I sat and watched a business update via N-TV this morning.  

Rate of inflation on wholesale items?  Since November of 2020?  16.6-percent higher.

If you were wondering....highest increase since they started in 1962 collecting this kind of data (West German days). 

Bad indicator?  Yeah.

If you go to any middle-class German and bring up the cost of living....they all have a story to tell about electrical costs.....fuel-oil or natural gas costs....gasoline costs.....and just general grocery costs.

No comments: