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(Global Stagflation) - German inflation unexpectedly accelerates in February [2023]

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'EU-harmonised prices rose by 9.3% compared with the same month a year before..'

'BERLIN, March 1 (Reuters) - German consumer prices, harmonised to compare with other European Union countries, rose more than anticipated in February, pointing to no let-up in stubborn cost pressures and pushing up European Central Bank rate hike expectations.

EU-harmonised prices rose by 9.3% compared with the same month a year before, preliminary data from the federal statistics office showed on Wednesday, beating analyst expectations of a rise of 9.0% and slightly higher than January's 9.2% increase.'

- German inflation unexpectedly accelerates in February, March 1, 2023


'..a year of persistent high inflation, with the highest inflation rates since 1982..'

- Fifty Percent Say They Are Worse Off Than a Year Ago, February 9, 2023



Context

(Global Stagflation)(QE Was a Colossal Policy Mistake) - '..wage earners have to get a 14.8 per cent wage increase just to hold even with this kind of inflation..'

(Banking Reform - English/Dutch) '..a truly stable financial and monetary system for the twenty-first century..'