Everything gets more expensive. Inflation in Germany is currently at almost eight percent. According to the Federal Statistical Office, there has never been such inflation rates in West Germany for half a lifetime as they are now. And according to forecasts, it won’t get any better in the foreseeable future. The Ukraine war and the corona pandemic are two of the main reasons. In some countries, even bread is becoming so expensive that more and more families are going hungry. And everywhere, inflation is hitting the low-income classes in particular.
It is recommended that you set aside money, especially for the sharp rise in energy prices SZ business editor Bastian Brinkmann. “The shock will definitely come.” If you have a lot of money, you hardly notice inflation. But people with lower incomes are only helping to “consume less”. Eating less or no meat, for example, or turning the temperature down a degree or two in winter. Or ask your employer for more money. “Putin’s war is making us all poorer in Germany.” How exactly the losses are distributed is “a question of justice”. After all, the European Central Bank has now announced that it will raise the key interest rate.
Further news: Federal Constitutional Court reprimands Merkel, Habeck: Throttling of Russian gas supplies is politically motivated.
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