German inflation hits four-decade high
May 3rd 2022 11:15am EDT
Soaring energy costs are pushing consumer prices higher Inflation in Germany reached its highest level since 1981 in April, propelled by the surging prices of oil, gas and petrochemicals, official data indicates. According to the Federal Statistics Office, consumer prices, harmonized to make them comparable with inflation data from other European Union states (HICP), increased […]
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