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‘An unbelievable price shock’ – Germany’s producer prices jump 45.8%, the highest increase since 1949

Producer prices rose 45.8 percent in August compared to the same month last year, with the jump showing the sharpest increase since records started being kept in 1949. The incredible level of prices that companies are now paying for materials, energy, and logistics is leaving many of them with a bitter choice: Either pass prices […]