The Limited Times

Now you can see non-English news...

Inflation affects couples more than single people – according to a new study, families with children are also particularly affected

2022-01-24T11:09:09.378Z


Inflation affects couples more than single people – according to a new study, families with children are also particularly affected Created: 01/24/2022, 12:03 p.m A sharp rise in consumer prices put a strain on people's budgets in Germany last year. © Sven Hoppe/dpa (symbol image) The increased prices are causing problems for many consumers. A new study shows how the burden of inflation is dist


Inflation affects couples more than single people – according to a new study, families with children are also particularly affected

Created: 01/24/2022, 12:03 p.m

A sharp rise in consumer prices put a strain on people's budgets in Germany last year.

© Sven Hoppe/dpa (symbol image)

The increased prices are causing problems for many consumers.

A new study shows how the burden of inflation is distributed across eight different household types.

Households* in Germany are affected by inflation

to varying degrees depending on their income and the number of household members

. This is the result of a study published on January 24 by the Institute for Macroeconomics and Business Cycle Research (IMK) of the Hans Böckler Foundation. Accordingly, prices rose in December for middle-income

families with children

and

for

middle-income

couples

without children

by 5.5 percent. The average value across all household types was 5.3 percent. "Middle-income families with children and middle-income couples without children currently bear the highest inflation burden," the statement said.

Also read:

Maintenance, minimum wage, Hartz IV: Experts explain what's new since 2022

Study: Households are affected differently by inflation

On the other hand,

single people with low incomes

had the lowest household-specific inflation rate of 4.4 percent, according to the IMK.

"Even for singles with high and middle incomes, the rates of 4.7 and 5.0 percent respectively in December were slightly below the general price increase." For family households with two children and low incomes, it was 5.3 percent, for families with higher incomes 5.4 percent.

The IMK intends to determine the inflation rates for eight representative household types on a monthly basis and publish them in a so-called inflation monitor.

Also interesting

: So-called household checks are planned: This is how much money families should get from 2023

How will consumer prices develop in 2022?

"We expect that inflation will weaken noticeably again in the current year," said Silke Tober from the IMK, according to the announcement.

Nevertheless, inflation is a burden on households in Germany.

Basically,

low-income households

have a particular problem because they mainly buy

essential everyday goods

and have little leeway to fall back on their savings.

(

dpa/ahu)*Merkur.de is an offer from IPPEN.MEDIA.

Source: merkur

All life articles on 2022-01-24

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.