Germany is in disinflation and heading to deflation, driven by cooling food and energy prices.

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These numbers are artificially low, but consistently so, so the trendline is correct.

Thanks to inefficient Russian economics sanctions, well done guys! 🤡

Mostly due to recession.

Core is stuck at 3.4% for 4 months and general is still above 2% so I don't think there's any risk of deflation.

Energy is sticky because of long-term contracts.

Yes but core excludes energy.

At least they are doing everything they can to raise energy prices 😆

You joke, but they are, and that caused some big energy consumers to leave Germany (deindustrialization) and everyone else to be more frugal or invest in energy efficiency, so we use less and less energy and the prices are now falling.

Green Walhalla on the horizon...

In the end, it was inevitable.

An aging population consumes fewer resources. Deflation is normal.

How much for a kWh?

Good question. How much?

5 cents from Seattle City Light.