- Inflation in Germany climbed again in August, the Federal Statistical Office announced on Tuesday, after dipping slightly in June and July due to short-term government programs to reduce the consumer burden in the transport sector.
- Russia’s invasion of Ukraine and the subsequent sanctions against Moscow prompted a race against the clock in Germany to reduce its dependence on Russian gas before the winter.
- Germany’s central bank, there are plans to increase the minimum wage and lower gas taxes in the fall in order to help German residents weather the financial storm.
Germany: Inflation nears 8% in August 30.08.2022
