In April of this year, the prices of manufacturers of industrial goods in Germany rose by 33.5% in annual terms. This was reported by Financial Times with reference to the Federal Agency for Statistics.
It is reported that the last time such a pace was recorded in 1949.
In March, prices increased 30.9% in annual calculus, in April – 33.5%.
In April, the prices of energy producers in Germany rose by 87% in annual calculus.
The situation was affected by problems due to the war unleashed by Russia against Ukraine, as well as new Locks in China due to the incidence of Covid-19.
Ralph Solvin, economist Commerzbank, noted that this creates additional pressure on the European Central Bank to quickly normalize his monetary policy: to terminate the anti -crisis purchase of assets and increase interest rates to combat inflation.