German inflation rise reached up to its all-time high in last 29 years

News about increase on fuel, gas, electric and rent start to come one after another with the inflation rise in Germany reached up to its all-time high in last 29 years. According to latest data from Federal Statistical Office of Germany (Destatis), while gasoline prices increased in rate of 41,2% compared to the last years November month, LPG prices increased 46%, and Diesel showed prices increased 48,5%. In the report, it was recorded that increase in energy and fuel prices 22,1% while it been seen that oil fuel prices increased 101,1% within a year. From food products, potato prices increased 35,5%, sheep and goat meet with beef saw 20% increase in price, while egg prices increased 14,7%. Also, metal prices increased 60,9% and timber prices saw 48,4% increase. Meanwhile, German railway company Deutsche Bahn state that they increased train services prices. Moreover, vehicle prices in Germany saw 6,4% increase.