'German inflation soared to double-digit levels for the first time in more than 70 years .. Consumer prices in Germany rose 10.9 per cent in the year to September, accelerating from 8.8 per cent in August, according to a flash estimate published by the federal statistical agency on Thursday. It is the first time German inflation has reached double-digit levels since 1951 and the increase is expected to lift overall eurozone inflation to a new record of 9.7 per cent when those figures are released on Friday.
“Inflation is running red hot in Germany,” said Carsten Brzeski, an economist at Dutch bank ING..'
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'German inflation hits 70-year high..', September 29, 2022
'..Another critical characteristic of the earlier inflation era was frequent temporary reversals in inflation, only to be followed by new peaks..'
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(Global Stagflation)(Inflation out of control) - Inflationary Psychology Has Set In. Dislodging It Won’t Be Easy.Context(Global Stagflation)(Inflation out of control) - 'Eurozone Inflation Soars To 9.1%' - 'Dutch inflation jumps to 13.6%'(Global Stagflation)(Inflation out of control) - '..German inflation rose to its highest level in almost 50 years in August..'