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IMK survey: Almost two-thirds perceive gas costs as a "heavy burden"

2022-09-14T10:09:03.110Z


Concerns are greatest for gas customers, but according to a survey, many purchasers of oil or district heating now see the heating costs as a heavy financial burden. You could therefore limit your consumption.


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Smoke from a chimney in the Hanover area

Photo: Julian Stratenschulte / dpa

According to a study, a growing number of Germans perceive the high energy prices as a burden.

This applies in particular to gas customers, reported the trade union Institute for Macroeconomics and Business Cycle Research (IMK) of the Hans Böckler Foundation on Wednesday in Düsseldorf.

According to a survey, almost two thirds of them described the costs as a "rather heavy" or "very heavy" financial burden.

This proportion has risen sharply in recent months.

The basis of the study was a representative survey by the IMK, in which around 2,200 people between the ages of 18 and 75 took part in August.

The researchers also interviewed people who heat with oil.

Almost 50 percent of those surveyed felt that the financial burden was “rather heavy” or “very heavy”.

In the case of district heating, the rate was just under 40 percent, and in the case of electricity costs it was just over 40 percent.

It was also examined how the so-called relief packages I and II were received by people.

The researchers found that the positive effects of the packages on the personal financial situation were often not fully appreciated.

Depending on the type of household, the real relief effect this year is underestimated by a third for singles without children and by up to almost two thirds for families with two children and two employees.

"One reason might be that these relief packages were constructed in very small parts," suspects IMK Director Sebastian Dullien.

He sees this as a mistake and warned against repeating this with the announced relief package III.

The measures in the relief packages I and II include the abolition of the green electricity surcharge, the increase in tax allowances, the 300-euro energy price flat-rate, the tank discount and the nine-euro ticket for local transport.

The third package includes, among other things, an electricity price brake, one-off payments for retirees and students and an increase in child benefit.

According to the IMK, the survey results also point to the risk of a drop in consumption over the coming months as a result of higher energy prices.

In response to the threat of a loss of purchasing power, a "considerable section" of the population is planning to cut back on their consumption in the coming months.

The perceived pressure to save extends far into the middle class.

"This is particularly true with regard to visits to pubs and restaurants, where a total of 64 percent of all respondents want to cut back somewhat or considerably."

The respondents also want to limit themselves in the same way when it comes to interior design, household appliances and objects (63 percent) and clothing and shoes (61 percent).

The at times sharp rise in food prices in Germany could at least slow down somewhat.

This is indicated by new producer prices for agricultural products in July.

The increase in May was 35.6 percent and in June 33.9 percent compared to the previous year, it reached 33.4 percent in July, as the Federal Statistical Office in Wiesbaden announced on Wednesday.

Compared to June, producer prices fell by 0.8 percent.

Milk costs a good half more than last year

The prices for animal products rose above average in July compared to the previous year - the price of milk, for example, was almost 52 percent higher than in July 2021. Chicken was around 42 percent more expensive.

The prices that farmers achieved for plant products in July were almost 26 percent higher than in the same month last year.

Potatoes were 33 percent more expensive, and rapeseed around 25 percent.

The prices of fruit and vegetables, on the other hand, were lower than a year ago, the statisticians said.

dab/dpa/AFP

Source: spiegel

All business articles on 2022-09-14

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