India's First International News Journal

30.1 C
Delhi
Tuesday, March 28, 2023

Spending in Germany has increased significantly

Due to high inflation, consumer spending by private households in Germany increased by 10.7% year-on-year, a price-adjusted increase of 3.4%, according to the Federal Statistical Office. The big difference reflects steep price increases for private households, according to the statisticians. Inflation in 2022 was 6.9%.

Besides the price increase, the reason for the cost increase is also the end of many “corona” events. For example, spending on services, including food and travel, increased by 8.3% in price terms.

Private households also spent 7.8% more money on food and beverages, despite a 4.4% drop in consumption. Consumer spending on electricity increased by 19.3% and on gas by 13.9%. On the other hand, corrected for prices, they fell by 0.5% for electricity and by 26.4% for gas. Due to warm weather and austerity measures, private households consumed significantly less gas than in the previous year.

Fuel consumption expenses increased by 29.8% and adjusted for prices by 1.4%.

Germany says this:

Politician asks to reduce migration and increase repatriation of refusalniks

In Germany, Deutsche Post and ver.di have reached an agreement. Strikes were averted

Long work week of 32.8 hours per week?

The cost of medical insurance for pensioners will increase by 150 euros

Repair the device or buy a new one – will the “right to repair” be introduced?

Important changes at Aldi Süd

Record number of vacancies – two million workers missing

More weekends for women

When an electronic patient record appears – the pros and cons


For latest updates and news follow The Eastern Herald on Google News, Instagram, Facebook, and also on Twitter.
Click here to show your support.
News Room
News Room
The Eastern Herald’s Editorial Board validates, writes, and publishes the stories under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

Public Reaction

FOLLOW US

SIGN UP FOR OUR NEWSLETTER

Read More

Recent