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Uploaded on May 17, 2022

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Inflation during a pandemic
At over 5 percent, the inflation rate in Germany has hit a level not seen since reunification. What does that mean for households? How is inflation calculated and how are numbers affected by special factors like the temporary VAT cut in 2020? Will inflation stay as high as we observe it right now?
Professor Benjamin Born is Professor of Macroeconomics at Frankfurt School.
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