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German producer price inflation hits record high as energy costs spiral-(biggest since 1949)
https://nationalpost.com ^ | 3/22/2022 | Reuteurs

Posted on 03/21/2022 11:50:34 PM PDT by RomanSoldier19

German producer prices rose in January at their fastest rate since modern records began, soaring 25% as energy costs spiraled and extending a run of sharp increases expected to keep consumer inflation at around 5% for several months more.

The jump in PPI, considered a leading indicator for consumer prices, was the biggest since 1949, when West and East Germany were founded and the country’s post-war economic data series began.

Analysts polled by Reuters had expected the figure, published on Monday by the Federal Statistics Office, to remain at December’s 24.2%. Sharp increases of 18.4% and 19.2% respectively were logged in October and November, respectively.

(Excerpt) Read more at nationalpost.com ...


TOPICS:
KEYWORDS: depression; germay; ppi

1 posted on 03/21/2022 11:50:34 PM PDT by RomanSoldier19
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To: RomanSoldier19
The Duran says that the Eurokids are gonna regret effing the Russians at the behest of the Senile Puppet and the TechnoDicktaters.
2 posted on 03/21/2022 11:55:23 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: RomanSoldier19

And Putin continues to laugh all the way to the bank from massive increases in oil and natural gas prices.


3 posted on 03/21/2022 11:59:43 PM PDT by SmokingJoe
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To: SmokingJoe

The US president shizzes his pants, and The Greenies continue to be Putin puppets.

4 posted on 03/22/2022 12:15:17 AM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: RomanSoldier19

A nuke plant on the Ring of Fire gets tsunamied, and Germany shuts all of theirs down.

And I thought Krauts were smart.


5 posted on 03/22/2022 12:21:08 AM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: RomanSoldier19

East Germany wants to rebuild the wall.


6 posted on 03/22/2022 1:16:05 AM PDT by HYPOCRACY (This is the dystopian future we've been waiting for!)
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To: RomanSoldier19

Our PPI will be following close behind Germany’s...the new pressure...potash prices spiking due to CN Rail strike in Canada...just in time for the midwest Spring planting season.

https://www.uaex.uada.edu/media-resources/news/2022/march2022/03-18-2022-ark-cp-rail-strike-looms.aspx

https://www.agweb.com/news/crops/crop-production/canadian-pacific-rail-strike-add-commodities-supply-shock-hurt-farmers

https://ycharts.com/indicators/potassium_chloride_muriate_of_potash_spot_price


7 posted on 03/22/2022 1:40:17 AM PDT by Drago
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To: Drago

8 posted on 03/22/2022 1:50:55 AM PDT by RomanSoldier19 (Res ad Triarios venit; )
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To: RomanSoldier19

Easy peasy. Just spin the windmills faster.


9 posted on 03/22/2022 5:54:54 AM PDT by LS ("Castles made of sand, fall in the sea . . . eventually" (Hendrix) )
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To: Drago

Plus, there will be no planting season in Ukraine this year. That means real food shortages not just supply chain cock-ups.


10 posted on 03/22/2022 6:08:58 AM PDT by hinckley buzzard ( Resist the narrative.)
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To: hinckley buzzard

The rest of the world won’t have fertilizers as well.


11 posted on 03/22/2022 7:18:59 AM PDT by NorseViking
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