Consumer price index, August 2022
+7.9% on the same month a year earlier (provisional)
+0.3% on the previous month (provisional)
Economics
Heiner Flassbeck, Friederike Spiecker: Searching for the scapegoat – wages in the ECB’s focus
If the German Federal Statistical Office hadn’t officially announced it last Friday, you wouldn’t have believed it. In Germany, the part of collective wage agreements that leads to a permanent collective wage increase actually amounted […]
Austerity
Bill Mitchell – The monetary and fiscal normality of Wolfgang Schäuble – stagnation and entrenched unemployment
Wolfgang Schäuble carries most of the responsibility for the terrible state of the EU economy since 2008. Read here
EU politics
Strike at University of Liverpool – Of 47 redundancies, 45 have been withdrawn
What an amazing strike this has been! With a broad solidarity front of employees and students the university has reversed 45 of the 47 redundancies. A new two week strike is to commencing on 4 […]
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