Inflation hasn’t dropped in my neighborhood…

And if has dropped elsewhere in Germany it’s because Germans have stopped buying things they otherwise would have bought.

German inflation eases to 6.5% in July – German inflation eased in July, the federal statistics office said on Tuesday, confirming preliminary data.

German consumer prices, harmonised to compare with other European Union countries, increased by 6.5% on the year in July.

This follows a 6.8% increase in June.

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