Advertisement
U.S. markets open in 6 hours 44 minutes
  • S&P Futures

    5,208.75
    -6.00 (-0.12%)
     
  • Dow Futures

    39,215.00
    -8.00 (-0.02%)
     
  • Nasdaq Futures

    18,190.00
    -41.50 (-0.23%)
     
  • Russell 2000 Futures

    2,047.40
    -2.40 (-0.12%)
     
  • Crude Oil

    82.55
    -0.17 (-0.21%)
     
  • Gold

    2,159.00
    -5.30 (-0.24%)
     
  • Silver

    25.12
    -0.14 (-0.55%)
     
  • EUR/USD

    1.0867
    -0.0009 (-0.09%)
     
  • 10-Yr Bond

    4.3400
    0.0000 (0.00%)
     
  • Vix

    14.33
    -0.08 (-0.56%)
     
  • GBP/USD

    1.2706
    -0.0023 (-0.18%)
     
  • USD/JPY

    150.4510
    +1.3530 (+0.91%)
     
  • Bitcoin USD

    64,740.78
    -3,864.94 (-5.63%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,722.55
    -4.87 (-0.06%)
     
  • Nikkei 225

    40,003.60
    +263.20 (+0.66%)
     

Inflation a growing concern for Germans, poll shows

FILE PHOTO: The spread of the coronavirus disease (COVID-19) in Germany

BERLIN (Reuters) - Forty percent of Germans - more than ever before - expect to be worse off in a year's time, an opinion poll published on Friday showed, highlighting households' concerns about high inflation in Europe's largest economy.

The poll for broadcaster ZDF by Forschungsgruppe Wahlen, which surveyed 1,389 Germans of voting age from Aug. 9-11, also showed 49% expected their personal financial situation to be unchanged in a year's time, with 10% expecting to be better off.

Just 55% of those surveyed believed their financial situation was good, down from 65% at the start of the year.

German inflation is running at 8.5%, driven up by an energy supply crisis as reductions in gas flows from Russia prompt concerns about even higher energy bills.

Chancellor Olaf Scholz promised a new package of measures on Thursday, including tax relief, to help people struggling with rising prices and higher energy bills.

(Writing by Paul Carrel, editing by Rachel More)

Advertisement