Butter 40 percent more expensive

Inflation increases significantly

Cheated: the cost of living in Germany in July to reach a value that was modified in November 2008 higher. In particular, gasoline and various foods provide the surge.

Since the Butterflood is a pleasure when the price of animal fat spread increases.

The prices for goods and services in Germany to rise again a little faster. The cost of living were higher by 1.2 percent in July than a year since they were expensive especially heating oil, gasoline and many food, said the Federal Statistical Office for final calculations. A higher inflation rate, it was modified in November 2008 with 1.4 percent. In June, she was still at 0.9 percent.
Despite the rise there as defined by the European Central Bank price stability that it provides guarantees of up to values just below two percent. From June to July, consumer prices moved by 0.3 percent.

Inflation eats wage increase
However, sufficient price increases to a large part of wage increases again to consume. The collectively agreed monthly earnings increased in the spring, at 1.9 percent as weak than it has been two and a half years. With the current inflation rate would remain only one of real wage growth remains 0.7 percent. Due to reduced working hours, the elimination of special payments and the abandonment of collective agreements benefit not all employees in full by the agreed wage increases. "The consumer is therefore in this year as growth driver," said an analyst at Sal Oppenheim, Katrin Löhken. While the exporters in the first half came on a turnover increase of 18 percent, the retailer reported an increase of only 0.5 percent.

Hard butter prices

 Despite the strong growth and the sharp fall in unemployment, the experts at Sal Oppenheim expect that consumers this year will be 1.0 percent less to spend on consumption. "This decline is not quite caught up in 2011," said Löhken. Then the expected consumer spending to rise by about 0.8 percent have deeper reach into the pockets of consumers, especially for petroleum products. Light heating oil cost 26.5 percent more than in 2009, 11.2 percent more diesel and gasoline. Electricity prices, by 3.0 percent. In contrast, gas discounted by 5.4 percent and charges for central and district heating by 9.0 percent.

Many seasonal foods were expensive, however. "Are striking strong price increases observed especially for fresh vegetables and fruit," it said. Vegetables cost 8.9 percent and 7.7 percent more fruit. For fish and fish products were on average 3.3 percent more calls. Butter is more expensive, with 40.1 percent stronger. Sweets were against having more favorable to 1.4 percent, bread and other grain products cost 0.5 percent less.