True German Inflation is 56 Percent

The inflation radar from pleiticker.de – one can find it updated daily on their homepage. They have calculated price developments in the areas that really matter: housing, energy and basic foodstuffs. With the latest figures, inflation there was a whopping 56,3 percent over the past year – and 11,6 percent over the past week alone. For the average net income of a German household (€3 600), this means a loss in value of €1 296. This is mainly driven by the rise in energy costs. The price of electricity has risen by an unbelievable 344 percent in the past year.

https://freewestmedia.com/2022/10/07/food-energy-housing-true-german-inflation-is-56-percent/

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