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.
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