Today: Sunday, 14 April 2024 year

Almost half of Germans began to limit themselves due to inflation

Almost half of Germans began to limit themselves due to inflation

Inflation in Germany reached a record 7.9% in almost 50 years in May. The price increase hit poor families the hardest, with 77% of low-income respondents saying they needed to restrict themselves.

Slightly less than half (47%) of Germans are forced to limit themselves in their daily lives due to rising food and electricity prices, according to an ARD survey.
The study was conducted from May 30 to June 1, 1337 people took part in it.

Low-income families have been hit the hardest by rising prices, with 77% of respondents in this category admitting they can’t afford their old way of life.

When asked what, in their opinion, is now the top priority issue for German politicians, 37% of respondents named the conflict in Ukraine, 23% – rising prices, 22% – climate change and environmental problems, 16% – social injustice.
37% of respondents considered the sanctions imposed against Russia because of the military operation justified, 41% believe that tougher restrictions are needed, and 15%, on the contrary, called the current sanctions too harsh.

The results of the survey showed the highest degree of disapproval of the government since the new cabinet came to power in December: 59% of the country’s residents are to some extent dissatisfied with the actions of the authorities, 39% of respondents spoke positively about the leadership. The highest figures (60%) belong to Economy Minister Robert Habek and Foreign Minister Annalena Burbock.

According to preliminary data from the Federal Statistical Office of Germany, inflation in May in annual terms amounted to 7.9% – the last time such indicators were achieved in 1973-1974. Most of all, the growth of inflation was affected by energy prices that jumped by 38.3%. Products have risen in price by 11.1%. The rise in prices for services slowed down compared to April (from 3.2% to 2.9%).