Our figure of the month 05/2021: Covid-19 significantly changes household consumption patterns
Household consumption has changed massively in the wake of the Covid-19 crisis. For example, the Federal Statistical Office shows that household spending on package holidays has declined by 67.5% compared to 2019. Other uses affected by the closures (footwear, accommodation, catering) have also plummeted significantly. The decline in transport services is due to the intensive use of home offices.
Despite the crisis, however, there are also areas that have been able to grow. These positive changes are due to evasive reactions: The possibilities to go to a restaurant or to the canteen during work were and are limited – partly employees stayed right in the home office. As a result, food expenses increased – people ate at home. In 2020, leisure activities were significantly reduced by the anti-Covid 19 measures but leisure time was spent at home or – if possible – in the garden.
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Our figure of the month 06/2023: Expenditures for energy and food place a particularly heavy burden on lower incomes
The inflation rate in Germany remains at a high level even after more than a year of war in Ukraine. Although the consumer price index has now weakened for the second month in a row, it…