Since July it went straight up. It can’t be natural market forces. I think they did it on purpose to help Europe get some inflation via a lower Euro. TPTB are a bunch of “free trade” special interests.
I never went to Europe, and don’t know anybody over there, but I’ll bet any money Europe is chocka block full of imported crap from Asia et all just like we are in the US.
The deflation started by importing cheap, to keep “inflation” numbers lower and then they sell dear to tax payers and consumers, while those wages got stagnated, and are dragging everything down, and budget deficits up.