(MENAFN) According to preliminary estimates released by the German Federal Statistical Office, annual inflation in Germany remained at 8.7% in February, the same level as the previous month. The rise in energy and food prices has continued to put pressure on overall consumer prices in the country.
Meanwhile, a mass strike of transport workers is set to begin on Monday, 27 March, organized by Germany's second-largest trade union, Ver.di, and railway union Eisenbahn und Verkehrsgewerkschaft (EVG). The strike is expected to last for a day, and will affect transportation services across the country. Almost all flights at major airports in Hamburg, Hanover, Dortmund, Dresden, Dusseldorf, Leipzig, Munich, Nuremberg, Frankfurt/Main, Stuttgart, and Cologne-Bonn have been cancelled.
Deutsche Bahn, the German railway company, has also reported the suspension of long-haul journeys throughout the country, and expects problems with train services to continue into the morning of 28 March. Most commuter trains will also not run, as their operator, DB Regio, has also joined the strike.
In addition, Germany's autobahn operator will also take part in the large-scale strike, with approximately 350,000 transport workers expected to participate. This will be the largest strike to take place in Germany since 1992, according to Ver.di head Frank Werneke.
The strike coincides with another round of talks between the unions and German officials, scheduled to take place between 27 and 29 March in Potsdam. The strike is expected to cause significant disruption across the country, and will likely impact businesses and individuals who rely on transportation services to move goods and people.
Overall, the strike highlights the ongoing labor disputes in Germany, as workers demand better working conditions and higher wages. At the same time, the high inflation rate in the country is putting pressure on consumers and businesses alike, and could have broader implications for the German economy.
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