• Latest
  • Trending
Inflation in Germany Soars Past Double Digits for First Time in Decades

Inflation in Germany Soars Past Double Digits for First Time in Decades

09/30
US Contractors Allegedly Fire on Palestinians as they Seek Aid in Gaza

US Contractors Allegedly Fire on Palestinians as they Seek Aid in Gaza

07/03
RUSSIAGATE: Intel Directors’ Conspiracy Against Trump Exposed

RUSSIAGATE: The Steele Dossier Fraud Pushed by Intel Directors

07/03
Formella Faces Court in Shocking Abuse Case

Special Ed Teacher Indicted on 52 New Charges for Alleged Student Grooming and Assault

07/03
Thomas Massie Stands Firm in Kentucky Primary Fight

Massie Primary Challenge: Trump’s PAC Targets America First Champion for Opposing Debt and Unconstitutional Strikes

07/02
BIO Plots $2M Campaign to Remove RFK

BREAKING: Leaked Memo Suggests BIO Targets RFK with $2M Campaign to Undermine Reform

07/02
Paramount Settles Trump Lawsuit for $16M

BREAKING: Trump Wins $16M Paramount Settlement Over Kamala’s CBS Interview

07/02
Supreme Court Upholds State Power to Defund Planned Parenthood’s Medicaid Services

Supreme Court Upholds State Power to Defund Planned Parenthood’s Medicaid Services

06/26
Matt Gaetz Discusses Israel-Iran Conflict Motives

Matt Gaetz Questions Israel’s Motives in Iran Conflict

06/25
Harvard Study Alleges 377,000 Palestinians Unaccounted for in Gaza

Harvard Study Alleges 377,000 Palestinians Unaccounted for in Gaza

06/25
Black Customer Storms Out After Auto Shop Questions Juneteenth

Black Customer Storms Out After Auto Shop Questions Juneteenth

06/23
Illegals Exploit Social Security Loophole to Steal 2020 Election Votes

Illegals Exploit Social Security Loophole to Steal 2020 Election Votes

06/23
AIPAC LOBBYIST SAYS JEWISH LIVES MATTER MORE THAN ALL OTHER LIVES

AIPAC LOBBYIST SAYS JEWISH LIVES MATTER MORE THAN ALL OTHER LIVES

06/21
Thursday, July 3, 2025
Subscribe
SUPPORT
National File
  • Home
  • Culture
    • Christianity
    • Video Games
    • Marxism
    • Snowflakes
    • Free Speech
  • News
    • Breaking News
    • International News
    • Fake News
    • Exclusive
  • Politics
    • Gun Rights
    • The Swamp
    • Deep State
    • Supreme Court
    • 2020
    • 2022
    • 2024
  • Big Tech
    • Technology
    • Alt-Tech
  • Sports
  • Education
  • Rona’
SUBSCRIBE
  • Home
  • Culture
    • Christianity
    • Video Games
    • Marxism
    • Snowflakes
    • Free Speech
  • News
    • Breaking News
    • International News
    • Fake News
    • Exclusive
  • Politics
    • Gun Rights
    • The Swamp
    • Deep State
    • Supreme Court
    • 2020
    • 2022
    • 2024
  • Big Tech
    • Technology
    • Alt-Tech
  • Sports
  • Education
  • Rona’
No Result
View All Result
National File
SUBSCRIBE
Home Economy

Inflation in Germany Soars Past Double Digits for First Time in Decades

Energy costs in the nation are 43.9 percent higher when compared with September 2021

by Cullen McCue
September 30, 2022
in Economy, International News, News
Inflation in Germany Soars Past Double Digits for First Time in Decades

Photo: Jernej Furman

Last Updated on September 30, 2022

Inflation has reached double digits in Germany for the first time in decades after temporary government-relief measures ended and Europe’s energy crisis worsened. Consumer prices jumped 10.9% from a year ago in September, surging past August’s 8.8% advance, the Federal Statistics Office said Thursday. Germany’s latest inflation number was higher than expected, as most economic analysts expected the number to remain be between 10 and 10.2 percent.

A spike in inflation was expected as Germany phased out summer discounts on public transportation and fuel. The higher-than-anticipated figure will trouble the European Central Bank, however, which is struggling to reign in surging prices. Cost of living price hikes are expected to set new records when new data becomes available on Friday.

RelatedPosts

RUSSIAGATE: The Steele Dossier Fraud Pushed by Intel Directors

Special Ed Teacher Indicted on 52 New Charges for Alleged Student Grooming and Assault

BREAKING: Trump Wins $16M Paramount Settlement Over Kamala’s CBS Interview

Energy costs continue to be one of the main factors behind Germany and the continent’s inflation woes. Energy costs in Germany are 43.9 percent higher when compared with September 2021, Reuters reported.

The German government on Thursday announced it would cap gas prices in an effort to lower inflation. Chancellor Olaf Scholz’s administration will borrow at least €150 billion ($146 billion) for the initiative.

European Central Bank officials are expected to announce another hefty interest rate hike following a historic 75 basis-point increase earlier this month. Similar hikes have been announced by the U.S. Federal Reserve.

“Analysts increasingly predict a euro-zone recession as the cost-of-living crisis bites, with data Thursday showing confidence plunging to levels last seen during the pandemic,” wrote Jana Randrow of Bloomberg Economics.

In Germany, Europe’s largest economy, analysts have predicted a 0.4% decline in economic output next year. Prior to Thursday’s gas-price-cap announcement, the German government had sought to offset the impact on consumers and businesses with aid packages totaling nearly €100 billion.

German consumers have altered their shopping behaviors due to skyrocketing inflation., according to a survey issued by the HDE trade association on Thursday. 46 percent of respondents they had stopped buying certain products.

RELATED: European Leaders Announce November Completion Date for New Baltic Pipeline

Tags: EconomyEnergyEuro ZoneEuropeGermanyGlobal EconomyInflation
Cullen McCue

Cullen McCue

Philadelphia-based reporter who also covers MMA. Founder of Reality Circuit. Twitter and Gab: @CullenMcCue

Related Posts

RUSSIAGATE: Intel Directors’ Conspiracy Against Trump Exposed
Breaking News

RUSSIAGATE: The Steele Dossier Fraud Pushed by Intel Directors

July 3, 2025
Formella Faces Court in Shocking Abuse Case
Crime

Special Ed Teacher Indicted on 52 New Charges for Alleged Student Grooming and Assault

July 3, 2025
Paramount Settles Trump Lawsuit for $16M
News

BREAKING: Trump Wins $16M Paramount Settlement Over Kamala’s CBS Interview

July 2, 2025
Load More
Next Post
New Zealand PM Ardern Calls for Global Internet Censorship to Combat ‘Misinformation’

New Zealand PM Ardern Calls for Global Internet Censorship to Combat 'Misinformation'

Transgender Officer, Wife Charged in Plot to Give Army Medical Records to Russia

Transgender Officer, Wife Charged in Plot to Give Army Medical Records to Russia

Video: Stew Peters Demolishes Murderous Medical Industrial Complex in Pandemic Victims Panel Speech

Video: Stew Peters Demolishes Murderous Medical Industrial Complex in Pandemic Victims Panel Speech

Breaking News

  • EXCLUSIVE: The Federal Government Is Tracking Unvaccinated People Who Go To The Doctor And To The Hospital Due to CDC-Designed Surveillance Program

    EXCLUSIVE: The Federal Government Is Tracking Unvaccinated People Who Go To The Doctor And To The Hospital Due to CDC-Designed Surveillance Program

    0 shares
    Share 0 Tweet 0
  • FULL RELEASE: Ashley Biden Diary Reveals Child Sex Trauma, Drug Abuse, Resentment For Joe – Whistleblower

    0 shares
    Share 0 Tweet 0
  • EXCLUSIVE SOURCE: Biden Daughter’s Diary Details ‘Not Appropriate’ Showers With Joe As Child

    0 shares
    Share 0 Tweet 0
  • FBI Asks Judge to Delay Seth Rich Laptop Release for 66 Years

    0 shares
    Share 0 Tweet 0
  • McCarthy Used FTX Cash to Defeat Conservatives in 2022

    0 shares
    Share 0 Tweet 0

Recommended

US Contractors Allegedly Fire on Palestinians as they Seek Aid in Gaza

RUSSIAGATE: The Steele Dossier Fraud Pushed by Intel Directors

Special Ed Teacher Indicted on 52 New Charges for Alleged Student Grooming and Assault

Massie Primary Challenge: Trump’s PAC Targets America First Champion for Opposing Debt and Unconstitutional Strikes

BREAKING: Leaked Memo Suggests BIO Targets RFK with $2M Campaign to Undermine Reform

Facebook Twitter Reddit Telegram RSS

Category

  • 2020
  • 2022
  • 2024
  • Abortion
  • Adoption
  • Alt-Tech
  • Bannon
  • Big Pharma
  • Big Tech
  • BLM
  • Borders
  • Breaking News
  • Cancel Culture
  • cartoons
  • Censorship
  • China
  • China
  • Christianity
  • Civil Unrest
  • Climate Hysteria
  • commentary
  • Con Inc
  • Coronavirus
  • Corruption
  • Crime
  • Culture
  • Deep State
  • Dissident Right
  • Drugs
  • Economic War
  • Economy
  • Education
  • Election Integrity
  • Elections
  • Exclusive
  • Fact Check
  • Fake News
  • Fake News Media
  • Feminism
  • Free Speech
  • Germany
  • Gun Rights
  • Hate Hoax
  • Human Trafficking
  • Immigration
  • Impeachment
  • International News
  • Iran
  • Israel
  • January 6th
  • LGBTQ
  • Life
  • lifestyle
  • Mafia
  • Man-Made Disasters
  • Marxism
  • Medical
  • Movies
  • NarcoGovernments
  • National Security
  • Nationalism
  • Nationalism vs. Globalism
  • Natural Disasters
  • News
  • op-ed
  • Opinion
  • Opioid Crisis
  • Palantir
  • Palestine
  • Politics
  • Populism
  • Race
  • Radical Islam
  • Related Stories
  • Religion
  • Russia
  • Sex Crimes
  • Snowflakes
  • Soros
  • Space Race
  • Sports
  • States
  • Supreme Court
  • Taiwan
  • Technology
  • Terrorism
  • The Church
  • The Hill
  • The Swamp
  • Thomas Massie
  • Trump
  • Tucker Carlson
  • Ukraine
  • Unions
  • Video
  • Video Games
  • Violent Crime
  • Vote fraud
  • Voter Fraud
  • Voter Fraud Investigation
  • White House
  • Wholesome News
  • Zionism

Recent News

  • US Contractors Allegedly Fire on Palestinians as they Seek Aid in Gaza
  • RUSSIAGATE: The Steele Dossier Fraud Pushed by Intel Directors
  • Special Ed Teacher Indicted on 52 New Charges for Alleged Student Grooming and Assault

© 2024 NationalFile.com National File, LLC. Privacy. Corrections. About Us. All Rights Reserved.
Have any questions or suggestions? If you are having difficulty unsubscribing from our mail subscription please send an email here info@nationalfile.com Want to advertise with us? Please email: info@nationalfile.com

No Result
View All Result
  • Home
  • Politics
  • News
  • Culture
  • Coronavirus
  • Sports
  • 2020
  • Breaking News
  • Civil Unrest
  • International News
  • The Swamp
  • Big Tech
  • Deep State
  • Voter Fraud
  • Marxism
  • Free Speech
  • DONATE
  • SUBSCRIBE

© 2024 NationalFile.com National File, LLC. Privacy. Corrections. About Us. All Rights Reserved.
Have any questions or suggestions? If you are having difficulty unsubscribing from our mail subscription please send an email here info@nationalfile.com Want to advertise with us? Please email: info@nationalfile.com