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German Inflation Can Rise, But Clothing Electronics And Other Anti Price Cuts.

2011/4/7 10:50:00 82

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German retail industry

The HDE recently pointed out that (2010) Germany's booming economy (+3.6%) has set a good foundation for retailers, especially in the second half of last year.

This year, Germany's economic growth (+2.5%) is still impressive. In addition, a stable consumer climate is conducive to the development of the retail industry this year. However, there are still some hidden crises, such as oil and various raw materials such as copper and iron.

cotton

The high price of corn and coffee will lead to a rise in heating, pportation, logistics and food costs.

Will will turn the will inflation rate will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will will it has a negative impact on the retail industry.

According to the data provided by experts, at present, Germany

Domestic price rise

The highest is the heating oil (+32%) and the diesel (+20.4%).

Fruit (+14.7%), gasoline (+9.2%), coffee (+9%), electric power (+7%), gas (+3.5%), and vegetables (+3.5%), as the above products are usually paid in cash, it makes the German people feel that the price is very high. In fact, if the consumer price is calculated, the increase should be only 1.2%. The reason is that many products such as digital cameras (-8.2%), notebook computers (-12.1%), telephone charges (-2.7%), package tours (-0.1%), sweets (-0.2%) or clothing (not only) have not gone up, but they have gone down in price.

In addition, a large number of commodities increased by less than 2%, such as rent (+1.3%), meat products (+1.1%), skin care products (+0.2%), cars (+0.2%), etc.

The current rise in oil and cocoa prices is mainly due to the outbreak of war in North Africa, a major oil producing country in Libya and an important cocoa producing country in the world.

Other important factors that affect inflation in Germany are that, last year, German companies were operating well and making money. Therefore, the major trade unions have asked for salary adjustment. This will also affect inflation. However, according to experts, so far, although the unions have asked for a pay adjustment, they still need to raise their employment opportunities, so the demand for salary adjustment is quite moderate.

To sum up, despite the existence of inflation in Germany, the German retailing industry should grow steadily this year.