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Comment by ewg4345h43 | Hacker News Reader

Official inflation is 4% (!!!) now in Germany, but the real inflation is usually 2.5 times higher than the official, so it is probably 10%.

Gas prices increased by 4% in just last 3 months:

https://www.mwv.de/statistiken/verbraucherpreise/

The most food prices increased by 5% - 20% in the last year:

https://www.az.com.na/nachrichten/nahrungsmittelpreise-gesti...

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Germany reduced its VAT last year in july by 3% and reinstated it this year. This masks inflation quite a bit. Inflation last august was 0% (rest of the year was negative). So inflation compared to 2019 is also 4% for august.

source: https://de.statista.com/statistik/daten/studie/1045/umfrage/...

gas prices in germany are highly volatile in general. It is currently as expensive as it was 2012.

source: https://www.adac.de/verkehr/tanken-kraftstoff-antrieb/deutsc...

> but the real inflation is usually 2.5 times higher than the official, so it is probably 10%.

Citation needed.

He probably meant, for a certain demographics the inflation is higher since they they have a different consumption "basket" than the average citizen.

E.g. young people are more likely to rent than owning an appartement. But the general inflation reflects only the average spending on housing. So if 50% of the population owns a home, rising rents are only reflected half as strong for the general population.

However I could not find any reliable numbers how strong the contrast for each demographic group is...

The food prices link seems to be for Namibia, not Germany.

you shouldn't let facts get in the way of a good story.

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