Global supply crunch fuels German inflation 30.09.2021

Deutsche Welle | Sep 30, 2021 at 2:00 AM
  • Germans planning to buy a new car these days have to dig deeper in their pockets, because rising prices in the auto industry have made vehicles €360 ($416) more expensive on average than a few months ago.
  • After vaccination campaigns in various industrialized countries are taking hold and lockdowns are being eased, economies are rebounding from the crisis.
  • About 77% of industrial companies in this country have experienced bottlenecks and supply problems in securing raw materials and intermediate products.