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German Market Insight: A Winter Of Swings & Roundabouts

I’ll start this market insight with news on the inflation rate and the current situation in Germany. Consumer prices rose by 3.7% in December 2023 compared to the same month last year. This means that the inflation rate has climbed slightly again after several months of decline and this could cause energy prices to rise. Added to this is the increase in VAT at restaurants from 7% to 19%. All of this could push the inflation rate towards 4% in January. Meanwhile farmers are on strike and…