“We are seeing an explosion in energy prices, especially for gas,” association managing director Gerd Landsberg told Bild. READ ALSO: Why households in Germany are facing higher energy billsConsumers in Germany, are already feeling it. Gas prices in particular have risen sharply, but electricity prices for households have also climbed to record levels. Rising energy prices also have other undesirable side effects: inflation has been rising sharply for months. As a result, the spike in energy prices can lead to other products also becoming more expensive.

Source: The Local October 11, 2021 11:03 UTC