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Commented by Stefan Feulner on November 4th, 2021 | 10:33 CET

BMW, Triumph Gold, Klöckner & Co - It is getting more and more expensive

Gold

The inflation rate in the eurozone recently rose to 3.4%, the highest level since 2008. Everything is getting more expensive, but the situation is manageable for ECB President Christine Lagarde. Driven by special factors such as the high price of oil and gas and production bottlenecks, prices are skyrocketing. However, an interest rate hike to curb inflation is not on the agenda before 2023, she said. Meanwhile, many listed companies are delivering record figures, benefiting from commodity price increases.

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