According to Bundesbank data, household financial assets continued to shrink in the third quarter of 2022. The assets of private German citizens are around 23 billion euros less than in the previous quarter. This includes cash, securities, bank deposits and claims against insurance companies. Nevertheless, more was saved. Money in checking or call money accounts increased, after all there is interest again, albeit less than real interest rates are eating up. The total net financial assets of pri
In Germany, food prices have been on the rise for more than a year. To help households, the government is considering a reduction of the VAT rate which could also benefit the climate and biodiversity.
Germany sees record post-war inflation in 2022 thelocal.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thelocal.de Daily Mail and Mail on Sunday newspapers.