• trollercoaster@sh.itjust.works
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    6 months ago

    the Dax is hitting multiple records in recent months, the economy is growing, inflation is going down and the unions are achieving raises above the inflation level

    Stock market figures only benefit the wealthy. It is an entirely meaningless figure for measuring the economic situation of a country’s population.

    inflation is going down

    Inflation “going down” doesn’t mean there is no more inflation. It only means that there is less inflation than before.

    the unions are achieving raises above the inflation level

    Only a minority of the German workforce is even represented by those unions, also, most of them barely managed to get raises covering the recent inflation. Inflation adjusted salaries in Germany have been stagnating and even shrinking for decades now, so whatever has been achieved by the few unions isn’t really that impressive in the long run.

    The reality of the majority of people in Germany is vastly different from what you are describing.

    • geissi@feddit.de
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      6 months ago

      Inflation “going down” doesn’t mean there is no more inflation. It only means that there is less inflation than before

      Keep in mind that “inflation going down” is usually shorthand for the year-on-year inflation rate going down.
      If the yoy inflation rate goes down from one month to the next, then prices are still higher than previous year but may very well have fallen since last month.