I also don’t know where a 4% drop in producer prices would significantly dampen inflation. Producer prices have climbed by 20, 30, 40% year on year.
Nov 21 - Nov 22 it was 28.2% according to the Federal Statistical Office, not 30% or 40%. It will also not be more 30% or 40%, but less than 28.2% if chand’s statement is correct. Why is it so important for you to portray the situation worse than it actually is?
And it goes on merrily.
The trend is currently positive. Which does not mean that the peak of inflation must be overcome, but the upward momentum has been broken for months.
In mid-2023, first of all, the wage increases of almost all unions of around 5% will come. Energy remains expensive, gas remains scarce.
The existing collective agreements refute your statements about 5% next summer. Energy remains expensive, yes, but currently (!) with a tendency to become cheaper. Gas was and has been at no time in 2022 scarce. The expectation that a shortage could occur caused the prices. It is people like you who preach doom and move the mood in that very direction.
Many effects will only hit through in 2023... partly because many small businesses had energy contracts that expire at the beginning of 2023. Then the price usually multiplies, etc.
You forget the gas price cap in your theory. Moreover, the gas price on the spot market (yes, I know) was below the pre-war level yesterday. Completely without Russia, thanks to full storage, low gas consumption, lots of wind energy, LNG deliveries, etc.