Inflation: Corona drives up prices

Shopping and refueling is getting more expensive. When prices rise and money loses value, customers can buy less for the same amount of money they bought the same thing with some time ago. This general price increase is called inflation. This is currently the case, for example, for oil and electricity, for building materials, chemical products and microchips, but also for food. Vegetables in particular have become more expensive. According to the Federal Statistical Office, inflation in September was 4.1 per cent – almost as much as it was last almost 30 years ago. What makes the cost of living… Read More

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