German firms are planning more price hikes - Ifo

Discussion in 'Wall St. News' started by Nighthawk, Dec 20, 2023.

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    The poll shows that price expectations rose to 19.7 in December, up from 18.1 in November last month. This continues an upturn since a temporary low of 14.5 points in August. Of note, restaurants in particular want to increase prices (87.6 points, up from 45.9 points last month) as they are likely to pass on the renewed VAT increase to customers. The details:

    • Restaurants: 87.6 (previously 45.9)
    • Retailers: 29.8 (previously 26.6)
    • Manufacturing: 3.6 (previously 2.6)
    • Construction: -1.0 (previously -4.2)
     
  2. Quanto

    Quanto

    As before, this all plays into the hands of the new Nazi movement there, paving the way for the next Nazi govt since Adolf...
    It all looks so calculated, predictable...