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Biggest drop on record officials said wouldn't happen.

Eurodollar University

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Germany's Markets Tell Us Something Very Important About What's Going On

Germany's producer prices were up a record 45% year over year. But then in October, suddenly a record decline of more than 4%. This is almost triple the worst decline in producer prices in Germany and data that goes back almost 50 years. The reason producer prices declined in October was because of electricity, especially natural gas prices,. In Germany alone, it was 44%. Across the EU, the 27 nations, household demand for natural gas fell 34%.

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