US News: cost thrust in autumn: 9-euro ticket presses the German inflation for the time being

savings of 3.5 percent: Energy consumption in Germany has dropped

 savings of 3.5 percent: Energy consumption in Germany has dropped Germany in the past six months less energy. Mild weather and energy savings are given as the main reasons. © Photo: Imago A hand presses a light switch (archive image). Energy consumption in Germany fell by 3.5 percent in the first half of the year compared to the previous year after preliminary calculations.

oil and eggs became more expensive, local transport was cheaper. Overall, the price increase dropped slightly. In autumn, however, experts fear re -inflation.

Im zweiten Monat in Folge fällt die Inflation - auch wegen des Neun-Euro-Tickets. © Photo: Arne Dedert/dpa In the second month in a row, inflation-also because of the nine euro ticket.

tank discount and nine euro ticket dropped the German inflation rate in July the second month in a row . On average, goods and services cost 7.5 percent more than a year earlier, as the Federal Statistical Office confirmed an earlier estimate on Wednesday.

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inflation in Turkey increases to almost 80 percent

 inflation in Turkey increases to almost 80 percent in Turkey, inflation continues to attract at a very high level. In July, consumer prices rose by 79.6 percent compared to the same month, as the National Statistics Office announced on Wednesday in Ankara. Analysts had expected an even higher inflation rate of an average of 80.2 percent. In the previous month, the inflation rate had 78.6 percent. In July, consumer prices rose by almost 2.4 percent in July. © Lefteris Pitarakis/AP/dpa The lira crisis continues to drive inflation in Turkey.

in May the inflation rate was as high as it was no longer as high as since the winter of 1973/74 before it fell to 7.6 percent due to state relief in June. However,

experts warn of increasing inflation pressure in autumn, if not only fuel discount and nine-euro ticket expire , but also the gas surcharge will be charged from October. " This represents a massive cost thrust for the citizens, said Commerzbank chief host Jörg Krämer. Energy remains price driver number 1 for an average household with an annual consumption of 20,000 kilowatt hours, additional costs between 300 and 1000 euros per year can be expected.

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In extreme cases, the end of the nine euro ticket and the tank rabbit, the usual gas price increases and the gas surcharge. " The inflation rate would then be double digits in the fourth quarter. Video: Study: 9-euro ticket dampens price increase significantly (dpa)

to meet emergency plan: Germany has to save more gas than any other EU country

 to meet emergency plan: Germany has to save more gas than any other EU country The EU countries have decided to reduce their gas consumption by at least 15 percent by spring. Germany has to save more than others. © Photo: Imago/Christian Ditsch Flame of a gas stove-Germany saves more gas than any other EU country (symbol image). Germany has to reduce its absolute gas consumption as much as no other EU country in order to achieve the savings of the European Union of 15 percent.


energy in July increased by 35.5 percent due to the Russian war against Ukraine and thus remains the number one price driver. However, the plus in June was even higher at 38.0 percent. price surcharge for electricity and food, inheritance in local transport The price surcharge for electricity was 18.1 percent and has weakened primarily as a result of the abolition of the EEG surcharge (June: +22.0 percent). Features were also only 23.0 percent more expensive due to the tank rabbit (June: +33.2 percent, May: +41.0 percent). The prices for light heating oil have more than doubled within one year.

The prices for the railway tickets in local transport (-43.9 percent) as well as for the combined tickets for trains, bus and similar (-63.0 percent) gave up heavily because of the nine euro ticket. Food, on the other hand, cost 14.8 percent more than in July 2021.

Consumer prices rose by 0.9 percent

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This increased the fifth month in a row

United Kingdom: The fight against the economic crisis will have to wait for the successor of Boris Johnson

 United Kingdom: The fight against the economic crisis will have to wait for the successor of Boris Johnson according to Downing Street, "it will be up to the future Prime Minister" to take care of "making major budgetary changes" © Matt Dunham/ /Sipa British Prime Minister Boris Johnson in front of the 10 Downing Street, in London on July 20, 2022. DESEGRAGAGE - According to Downing Street, "it will be to the future Prime Minister" to take care of "to make major budgetary changes" Fight against Inflation and the recession will have to wait in the United Kingdom.

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, emphasized the statisticians. Higher inflation rates reduce the purchasing power of consumers, which means that they can afford for one euro less. Especially price jumps in energy as a result of the Ukraine war and rising food prices have been heating inflation in Europe's largest economy for some time. Compared to June, consumer prices rose by 0.9 percent in July. Here, too, the authority confirmed an initial estimate. became significantly more expensive to eat and meal oils (+44.2 percent) as well as dairy products and eggs (+24.2 percent). Meat and meat products cost 18.3 percent more.

The European Central Bank (ECB) in July, given the record -high inflation in the monetary union, first raised its key interest rate and intends to re -enforce in September. As a result, credit costs for consumers such as companies, consumption and investments are likely to suffer. This in turn could affect the already weakening economy. (AFP)

video consultation at the WiWo coach: How expensive does the inflation come to us? .
© provided by Wirtschaftswoche Inflation makes supermarket shopping, but not only. Photo: Dpadata portal copyright = heating, electricity, food: Inflation meets consumers on a broad front. But what are she still has, for example with a view to provision and investment? Ask your questions to the WiWo Coach! currently focuses on heating costs. The gas price in particular has increased significantly, partly on three times. Tenants will soon have to expect high additional payments.

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