Inflation is up across Europe this month. German retailers are expected to raise prices Monday by 20-50%.
— jeroen blokland (@jsblokland) April 1, 2022
It’s the highest number since 1975.
Inflation in the Netherlands hits 11.9%. Highest since 1975. I won't even post a gif out of respect.
— WARTIME | Don't ₿elieve the Hype. 丰 🌋🔥⚡🧡∞/21M (@believethehype) April 1, 2022
The inflation spiked after Russia invaded Ukraine, not before, like in the Bidenflation in the US.
This is Bidenflation. SF Fed chart literally shows the impact on inflation of Biden’s $1.9T 3/21 gov’t spending spree. It shows US inflation vs that in Canada, Denmark, Finland, France, Germany, Netherlands, Norway, Sweden, & the UK – the chart ends before Russia invaded Ukraine. pic.twitter.com/aEJyglsI0Q
— Andy Puzder (@AndyPuzder) March 30, 2022
Inflation in the Netherlands just hit 11.9%, year-on-year. The energy component inflation was 102.9%(!).
That of course hits hard when an above average part of your income is needed for energy. And lower income households tend to have shorter term energy contracts too. pic.twitter.com/O5VNb0oVKr
— Kees van der Leun (@Sustainable2050) April 3, 2022