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hello and welcome to audiences in the uk and around the world. we start in germany where soaring prices and an energy crisis have europe s biggest economy on the brink of recession. and bracing for possibly its highest inflation in 70 years this autumn. rocked by limited gas from russia and the expensive business of weaning themselves off kremlin supplies, germany s central bank has warned that the current squeeze on the cost of living is set to continue. now, the government has put in place measures to save energy with things like lighting restrictions on workplaces, and they ve been asking people to use less while filling up national gas reserves. but with reports people are using up their savings as wages fail to keep up with prices, there have been warnings of possible social unrest come the winter. so, the latest inflation figures are due out today. joining me now is holger schmieding, chief economist at the german private bank berenberg. so what can we expect? whe ....
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