The inflation rate measured by the HICP method was 11.6%. YoY compared to 10.9% in August YoY and 1.2 percent m/m compared to 2.2 percent. m / m in August.
All of these results are far above expectations. As Pekao analysts emphasize on Twitter, readings from other EU countries are similar (above expectations), which in their opinion indicates that “Peak inflation in Europe is still ahead”.
The German economy is in trouble. This is also bad news for Poland
A survey of private sector managers activity showed that the German economy contracted for another month in a row in October. According to the initial reading, the indicator PMI (PMI) In October 2022 for the services sector it fell to 44.9 Point Compared to 45 points a month agoa For Industry – up to 45.7 points For 47.8 points, this is the lowest score at 29 and 28 months, respectively.
The rest of the article is below the video
See also: Another industry is in crisis. Germany suffers from underemployment
The difficult situation for Germany is also very bad news for PolandBecause our economy is largely dependent on trade with our western neighbor, bad data from Germany usually serves as a forecast of how the situation will change in the next few months in our country.
Rate our article quality:
Your feedback helps us create better content.
Echo Richards embodies a personality that is a delightful contradiction: a humble musicaholic who never brags about her expansive knowledge of both classic and contemporary tunes. Infuriatingly modest, one would never know from a mere conversation how deeply entrenched she is in the world of music. This passion seamlessly translates into her problem-solving skills, with Echo often drawing inspiration from melodies and rhythms. A voracious reader, she dives deep into literature, using stories to influence her own hardcore writing. Her spirited advocacy for alcohol isn’t about mere indulgence, but about celebrating life’s poignant moments.
![Indexing pensions in 2022. Seniors will get this money in September! Check net and gross rates [wyliczenia]](https://www.moviesonline.ca/wp-content/uploads/2022/09/Indexing-pensions-in-2022-Seniors-will-get-this-money-in.jpg "Indexing pensions in 2022. Seniors will get this money in September! Check net and gross rates [wyliczenia]")
