Entertainment: survey reveals gaps in financial knowledge

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The inflation has been vigorous in the purchasing power of people in Germany for months - but about a quarter of the population do not know what a rate of inflation is actually. This is a result of a representative survey on behalf of the Federal Association of German Banks (BDB).

Die Inflation zehrt seit Monaten kräftig an der Kaufkraft der Menschen in Deutschland - doch etwa ein Viertel der Bevölkerung weiß nicht, was eine Teuerungsrate eigentlich ist. © Hauke ​​-Christian Dittrich/dpa The inflation has been vigorous in the purchasing power of people in Germany for months - but about a quarter of the population do not know what an inflation rate actually is.

in the age group of 16- to 24-year-olds, according to their own statements, do not even know 45 percent, which means inflation and just almost a quarter (23 percent) of this age group, the current rate of inflation in Germany was at least approximately calling.

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What is the current rate of inflation?

For months, rising energy and food prices have significantly increasing life in Germany. In August, consumer prices were 7.9 percent above the level of the previous year's month, according to the Federal Statistical Office. Economists expect double -digit inflation rates in the coming months.

The high general inflation makes the real income of private households and their savings melt away and reduces purchasing power. So people can afford for one euro less.

A clear majority of 82 percent of respondents spoke in the BDB survey of giving the mediation of economic relationships at school a higher value: dealing with money, economic system, possibilities of retirement.

for many respondents are ETFs, investment funds and Co. Bohemian villages. More than half (54 percent) admitted that she had no idea about what is happening on the stock exchange.

Post from the City of Cologne: In October and November survey on mobility .
, around 60,000 households in Cologne reach a letter from the city of Cologne. But it is not a nodule or other inconvenience. © Picture Alliance/dpa/dpa central picture Symbolic photo of a letter, recorded in 2021. Rather, the city of Cologne asks the citizens to take part in a survey on mobility in the urban area.

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