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The last time it was at this level was in 1982: British inflation at 9 4 percent, the highest it has been in 40 years

Consumer prices in the UK have risen at their highest rate since 1982. In Germany, on the other hand, the dynamics of the increase in producer prices are weakening somewhat. That could possibly be a first small good sign.

Ifo survey: Material shortages on German construction sites greater than ever

Steel, insulating materials, and bricks are all missing – orders in construction are now being canceled more and more frequently. Prices are rising, and not just because of the war.

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