Munich, Dusseldorf January and December of 2022 couldn’t be more different when it comes to mood. At the beginning of the year, many were still happy to finally have Corona behind them. The Dax had risen above the 16,000 point mark in the first few days of trading, and many companies were optimistic about the year with the Schnaps figure at the end.
Even then, there was an inflation rate of five percent that economists in our latitudes had not observed for a long time, but that’s it, thought quite a few and dismissed the increased prices as the aftermath of the pandemic, in which factories stood still and supply chains were torn.
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