Electricity Prices Are Skyrocketing To Their Highest Level In At Least Ten Years In Germany… Euro Zone Inflation Hits Highest Level In 13 Years

Today's update on the European Energy Crisis via @Schuldensuehner
Electricity prices are skyrocketing to their highest level in at least ten years in #Germany, where the energy crisis is also hitting hard #natgas #DAX #ONGT Updatehttps://t.co/Xc1pQki3LF pic.twitter.com/Q5F6W8F6mF

— Traders Community (@TradersCom) September 30, 2021

• It comes after German consumer prices rose by 4.1% in September — the highest level in almost 30 years.
• France has become the latest country to step up measures to mitigate the costs for consumers.
• Central bankers are of the opinion recent spikes in inflation are “transitory” and that price pressures will ease in 2022. But experts are questioning that.

https://www.cnbc.com/2021/10/01/euro-zone-inflation-hits-highest-level-in-13-years-as-energy-prices-soar.html