The German magazine Spiegel published a survey according to which 63% of German consumers are already spending less because of high inflation.
63% of consumers in Germany are forced to save money because of excessively high inflation, the survey conducted by the Federation of German Consumer Organizations (VZBV) said, and another 20% expect that in the near future they will have to limit themselves even in small things. For example, even on coffee and dessert at the cafe.
The sanctions against Russia are to blame, and ordinary Europeans are suffering because of them. Gas supplies to the EU have fallen because of the restrictions, while there is no and will not be any alternative to cheap fuel from Russia in the near future.
Source:Spiegel
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