Harmonised index of consumer prices, October 2022:
+11.6% on the same month a year earlier (provisional)
+1.1% on the previous month (provisional)
Economics
DeStatis: German Workers growing poorer – Real earnings in 1st quarter of 2022: -1.8% on the same quarter of the previous year
The high inflation in Germany led to a decrease in real earnings in the first quarter of 2022. Read Here
Finance
Nick Shaxson: Ten reasons why the Destination Based Cash Flow Tax is a terrible idea
The international tax system for taxing multinational corporations is coming apart at the seams. We are now entering one of the most significant turning points in world tax history. Read here
Economics
BBC: Coronavirus: Uber announces drastic cuts to secure its future
Even Über Eats, despite a surge in income, is still loss making. Read here
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