Toys in department stores: Prices could rise
Photo: Arnulf Hettrich / imago images/Arnulf Hettrich
There are signs of a certain normalization in the development of prices.
The price expectations surveyed by the Munich Ifo Institute, which shows whether companies want to raise prices, fell by 4.6 points in November to the lowest value of the year.
At 46.7, however, the value is still high.
This means that the proportion of companies that want to raise prices is 46.7 percentage points higher than the proportion of companies that want to lower them.
In the years before the corona crisis, it was mostly around or below 20 points.
In some sectors, price expectations fell particularly sharply:
, for example, the value fell from 80.5
from 81.9 to
from 50.3 to
industry is now
even showing a negative value of
minus 10.7 – so price reductions are
planned here more often than price increases
However, the decline does not apply to all areas, some want to increase their prices:
The figure for
toy retailers is 94.4 percent
So Christmas gifts for children could be more expensive.
food retail (95.1)
stationery trade (96.1)
price increases are often planned.
The price increases for electricity and gas, which are often pending at the turn of the year, are likely to play a role for retailers in particular, said Ifo expert Timo Wollmershäuser.
It is not yet possible for consumers to foresee when inflation will noticeably decrease.
In the area of primary products in particular, however, one can see that the values have fallen.
Most recently, the Federal Statistical Office reported a record decline in so-called producer prices in October.
The development raised hopes that high inflation may have peaked.