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Energy prices are driving inflation

Energy prices are driving inflation

Energy prices are driving inflation

Consumer prices in Germany are currently rising sharply. On average, they were 2.5 percent higher in October than in the same month of the previous year. The driving factor is the price of household energy and fuels: here, the price level in October was 8.9 percent higher than the previous year.

Energy prices are driving inflation – Image: Statista

 

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