Germany’s Inflation Spike Is a Bigger Warning Sign for Europe Than It Looks
Germany’s inflation problem got harder again in March, and the timing is bad for all of Europe. Germany’s EU-harmonised inflation rate rose to 2.8% in March from 2.0% in February, while national CPI was estimated at 2.7%. The main driver was energy: German energy prices were up 7.2% year on year, the first annual increase … Read more