Germany inflation: Families struggle with cost of living

The Eurozone is reporting record inflation, with the rate now at its highest since records began in 1997.
In the 19 countries that use the Euro, the rate has soared to 8.6 per cent.
And that is sending the cost of living to new highs.

Al Jazeera's @Dominic Kane reports from Berlin, Germany.


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[swordoftree]

The politicians and leaders do NOT feel the pain. Their salaries, bonus, and bribes are guaranteed and rising.

[yaseenmeyer]

After the pandemic everything has gone up. Now the war in Ukraine is also putting pressure on inflation. But the whole point is the 1% of the world rich is getting richer. Its really getting out of hand. People can't keep up with this rising prices.

[darnellcapriccioso]

Inflation has left Canadians feeling 'squeezed' after prices accelerated at rates not seen in decades last year, economists say. The Bank of Canada aims to keep inflation at the 2 per cent midpoint of an inflation-control target range of 1 to 3 per cent.

[Elcollpohorrible]

Yet profits are record high, this isn’t because of the war between Ukraine and Russia.
This is about corporate greed/opportunism

[douglaz]

We are back in that era the 1970s. However it probably will not go away this time

[poorang]

Untill you have lived in Venezuela or Iran you have not seen what inflation can do

[mgronich]

Virtually all large US corporations have announced reductions in hiring, or even layoffs. The US is in a recession and it'll get worse. Europe will be in much worse shape when Russia cuts off gas shipments perhaps even in july. Stagflation is not a threat, it's here.

[swampfox]

It’s happening everywhere in Asia, I see parents sacrificing a meal or two so their kids won’t go to bed hungry. Our leaders always mention that they hear our pain, but they do nothing, they send millions to Ukraine, a war which is not our cause. Q3 and Q4 will be painful for everyone globally. Our leaders have no answer to our plight. Reminds me of Nero while he watch Rome burnt, he was still playing his harp.

[HistoryRepeats]

The leaders feel our pain, Bullshit.
They’re living high off the hog on our tax dollars that pay their salaries for creating this situation, especially in the US. Let’s go Brandon!!!

[itxmeme]

We indians trying to go to Germany and now seeing even germans r struggling now.. I am. Afraid

[jojiswaminathan]

The energy crisis and inflation can spiral into a situation like what is happening in Srilanka, let the govts around the world better watch out...

[frankrodriguez]

The Rich Elite aren't going hungry!!!

[ska]

Germany is busy teaching Russia a lesson, Meanwhile their economy ( Only worth of praise in EU) is draining slowly .

[Whxterose]

Its always funny how they find that WAR money tho.

[gracelynne]

It's a worldwide phenomenon. And it's not by accident. Fortunately people are beginning to wake up.

[hengong]

Well... The rich developed world have been wasting food n it time they learn the lesson of scarcity

[voiceforanimals]

How sad... Not only animals and nature but humans are also suffering 😞😞😞

[janedr]

Oh please! Leaders do not feel our pain. Who on earth do they think will believe such a ridiculous statement.

[foxmegamaster]

I pay less than 0.5 euros for apartment gas. And i pay less than 0.3 euros for 1 liter of benzin. I understand that i am happy

[faribakayyod]

🕊The government doesn’t care .. how can they feel our pain, when they’re getting richer every day & giving our taxpayers money to other countries & then go there get their Percentages & put it in an Offshore account under somebody else’s name?