Inflation in the US climbed to 8.6 percent in May – the highest level in the last 40 years.
This was announced by the statistics authority BLS. It was only in April that the inflation rate fell for the first time since August last year. Accordingly, 8.3 percent were initially forecast for May.
According to analysts, the inflation rate could continue to rise. “Inflation is far from peaking. There will be more such high numbers to come,” said brokerage house Ava Trade chief market analyst Naeem Aslam on Twitter.
Former Chancellor Gerhard Schröder wants to remain a member of the SPD. Exclusion proceedings against the former chancellor are currently pending at the SPD in Hanover. But he looks at it “with composure,” said Schröder.
The autobahn was closed for several hours after a serious accident that left three dead and many injured. What exactly happened remained unclear in the early morning.
