Inflation rises to highest level in almost 50 years… And it’s far from over: “Next month already exceeding the pivot index” | Exclusively for subscribers

Instead of stagnating, inflation rose even further in October, to 12.3 percent. In addition, the pivot index has also been exceeded, which will increase benefits, pensions and civil servants’ wages. Just like wages in the private sector. And it doesn’t stop there, because another exceedance is forecast next month. Moreover, the heaviest blow is yet to come. “And then we are really in a purchasing power crisis.”