Tag: Consumption
State aid stabilizes income and consumption
Dusseldorf The mood among German consumers improved again at the start of the year. This is signaled by the HDE consumption barometer, which has now risen to 88.54 points for…
Inflation and cost pressures: Retail faces consolidation
Dusseldorf The year 2023 is likely to start with bad news for retailers in many German cities. Because in the course of January it will become clear which locations the…
Inflation and cost pressures: Retail faces consolidation
Dusseldorf The year 2023 is likely to start with bad news for retailers in many German cities. Because in the course of January it will become clear which locations the…
Boom in lipstick sales doesn’t bode well for the economy
Dusseldorf The situation is uncertain, money is tight – and consumers are buying more lipstick. What sounds trivial at first can be observed again and again in economically difficult times.…
Germany is stuck in stagflation
Mechanical engineer in Chemnitz In spring 2024, real gross domestic product will hardly be higher than before the outbreak of the pandemic in early 2020. (Photo: dpa) Dusseldorf Germany should…
Brand manufacturers will come under even more pressure in 2023
consumer goods Entrepreneurs and industry experts are therefore assuming that 2023 will also be a difficult year. Dusseldorf The business with detergents, skin creams and food was actually considered crisis-proof.…
Brand manufacturers will come under even more pressure in 2023
consumer goods Entrepreneurs and industry experts are therefore assuming that 2023 will also be a difficult year. Dusseldorf The business with detergents, skin creams and food was actually considered crisis-proof.…
Legalization of Marijuana Boosts Alcohol Consumption
According to research from the University of Pittsburgh, the legalization of marijuana has surprisingly increased alcohol consumption. Especially light alcohol consumption increased in younger individuals. The use of cannabis, commonly…
Economy is growing faster than expected
production by Ford The number of unemployed also rose less than experts had expected. (Photo: Reuters) Washington The US economy grew faster in the third quarter than previously assumed. The…
“The Christmas business 2022 will be the best ever” – luxury boom in the crisis
Due to the sharp rise in energy and food prices, consumers in Germany have to save. But not everyone seems to be affected by the crisis: The luxury goods market…
Shrinking economy and high inflation in 2023
Bundesbank President Joachim Nagel Six months ago, the Bundesbank’s economists were significantly more optimistic, especially for 2023. (Photo: Reuters) Frankfurt/Main The Bundesbank expects an economic slump in Germany in the…
Shrinking economy and high inflation in 2023
Bundesbank President Joachim Nagel Six months ago, the Bundesbank’s economists were significantly more optimistic, especially for 2023. (Photo: Reuters) Frankfurt/Main The Bundesbank expects an economic slump in Germany in the…
A lot of trust is destroyed – possibly irretrievably
Chemical company BASF In particular, large corporations such as BASF and BMW continue to enter the market because of the long-term growth prospects. (Photo: dpa) It is paradoxical: while Europe…
Sentiment among German companies in China at an all-time low
Berlin Never in recent years has the mood among German companies in China been as bad as it is at the moment. This is shown by the annual business climate…
Sentiment among German companies in China at an all-time low
Berlin Never in recent years has the mood among German companies in China been as bad as it is at the moment. This is shown by the annual business climate…
Recession will be milder than expected
container terminal According to the Ifo Institute, economic output will shrink by only 0.1 percent in 2023. (Photo: dpa) Berlin According to a forecast by the Ifo Institute, the German…
Creditreform expects more defaults in private households in 2023
Empty piggy banks Unprecedentedly high energy costs are a burden for private households, some of which have to resort to savings. (Photo: IMAGO/IlluPics) Berlin The number of consumer bankruptcies in…
HDE consumption barometer rises to highest value since July 2022
Dusseldorf Full storage facilities, falling gas and oil prices and debt-financed economic stimulus measures by the federal government have improved the mood in the German economy. Consumers are also more…
Black Friday sales plummet
Dusseldorf In view of the general reluctance to buy, online retailers in Germany had high hopes for the Black Friday sales event. But many of them may have been disappointed.…
Signs of relaxation: The editor-in-chief’s weekly review
Good morning dear readers, we are in an interesting situation. The doomsday scenarios were still dominating the headlines. All of a sudden, the signs of relaxation are multiplying. “The mood…