Tag: Price increase
Why pensioners benefit from being guided by the wage level despite high inflation
Berlin The announced pension increase still falls short of the expected inflation, as the Ministry of Labor admits. Pensions will increase by 4.39 percent in western Germany and 5.86 percent…
Is it really worth it for employees?
>>iOS WSI researcher Bispinck has now calculated how the bonuses work for a fictitious wage agreement that runs from January 2023 to December 2024. In variant 1, 3,000 euros are…
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…
Increase in producer prices in the euro area less rapid
worker in a factory Excluding the energy sector, industrial producer prices rose by only 13.1 percent. (Photo: imago images/agefotostock) Berlin, Brussels, Frankfurt Manufacturers in the euro zone are no longer…
Increase in producer prices in the euro area less rapid
worker in a factory Excluding the energy sector, industrial producer prices rose by only 13.1 percent. (Photo: imago images/agefotostock) Berlin, Brussels Manufacturers in the euro zone are no longer turning…
Five lessons for the Fed and ECB
The year of inflation 2022 is coming to an end. And as if ordered, the percentages are softening somewhat, allowing central banks such as the European Central Bank (ECB) and…
Inflation is curbing new business for life insurers
life insurance It will be years before life insurers can offer their customers higher returns again. (Photo: dpa) For years, an entire industry has been longing for it, even swearing:…
InflatiThe concerns of the middle class
“The crisis and the loss of prosperity are affecting the middle class, which has not been used to receiving transfer payments and has even refused in some cases,” said the…
Germans are running out of money to save
Helmut Schleweis The President of the German Savings Banks and Giro Association expects that high inflation will soon weigh even more heavily on consumers. (Photo: dpa) Berlin The majority of…
Inflation forces Argentines to barter
Barter market outside of Buenos Aires Argentina ranks highest in the global inflation list. Due to the enormous price increases for food, dozens of women meet regularly to exchange clothing,…
Amazon makes Prime subscriptions more expensive in Germany
Munich Amazon is making its Prime subscription offer more expensive in Germany. Monthly payment will cost EUR 8.99 instead of the previous EUR 7.99 and EUR 89.90 per year instead…
Economists raise their inflation forecasts for the euro area
Euro symbol at the old ECB headquarters The European Central Bank is reacting to the persistently rising consumer prices by raising the key interest rate. (Photo: imago images / Ralph…
How inflation is changing Germany & Germans
Fruit and vegetables at the weekly market Food prices in Germany are rising and rising. (Photo: dpa) Berlin They didn’t want to give up their vacation altogether. But the usual…
18.4 percent growth: Würth records a record half year
Sales upswing at Würth The retail group grew by almost 20 percent in the first half of the year. (Photo: dpa) Stuttgart Despite the unstable global economic situation, the Würth…
IG Metall demands eight percent more money
IG Metall boss Jörg Hofmann The unions have to ensure that the workers don’t get under the wheels in the face of inflation. (Photo: dpa) Berlin The IG Metall goes…
The industry is burdened by a lack of rails and high prices
Construction site on the Rhine Valley route Because of the many construction works, the railway is becoming increasingly unreliable. (Photo: imago images/Arnulf Hettrich) Frankfurt Commuters in Frankfurt had hoped everything…
Oil price caught between possible EU embargo and fear of recession
Russian oil field Strategists continue to focus on the importance of a possible EU embargo on Russian oil supplies for prices. (Photo: Reuters) Frankfurt Above all, the discussion on the…
German economy is bunkering for fear of delivery bottlenecks
Dusseldorf Procurement difficulties and concerns about material shortages are driving demand from manufacturers of industrial primary products such as steel, semiconductors and plastics. Numerous companies from the relevant sectors are…
Import prices increase by more than 30 percent
Compressor station for Russian natural gas In the energy sector, imports were a good 160 percent more expensive than in March 2021. (Photo: dpa) Berlin The exploding energy costs made…
Japan’s central bank continues to resist an interest rate hike
Bank of Japan Headquarters The sharp fall underscores the monetary policy importance of the decision: Japan’s central bank continues to buck the trend. (Photo: Bloomberg) Tokyo The Bank of Japan…