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Bitcoin.com

2023-01-05 10:30:21

Germany’s 2022 Inflation Rate the Worst in More Than 30 Years

Germany’s 2022 Inflation Rate the Worst in More Than 30 Years

In a year that was characterized by surging energy and food prices, Germany’s average inflation rate in 2022 rose to 7.9% up from the 3.1% seen in 2021. Russia’s invasion of Ukraine, as well as the supply bottlenecks resulting from the war, are said to be among the factors that helped to drive up prices.

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