Economics

Germany’s Scholz Says Deeply Concerned About Inflation

Chancellor doesn’t rule out further measures if necessary
Package with relief measures to pass parliament before summer

Olaf Scholz
Photographer: Stefanie Loos/Bloomberg

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By Arne Delfs

May 16, 2022 at 5:56 PM UTC

Updated on

May 17, 2022 at 5:55 AM UTC

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German Chancellor Olaf Scholz voiced concern about the pace of price increases in Europe’s biggest economy, signaling he hasn’t ruled out further measures to cushion the impact on households and companies.